The Determinants of Homeownership Affordability among the 'Sandwich Class': Empirical Findings from Guangzhou, China

Urban Studies

Volumn 50, Issue 9, 2013, Pages 1870-1888

  Ying, Qianwei ^a   Luo, Danglun ^b   Chen, Jie ^c  

^a Sichuan University   (China)

^b SUN YAT SEN UNIVERSITY   (China)

^c FUDAN UNIVERSITY   (China)

Author keywords

[No Author keywords available]

Indexed keywords

AFFORDABLE HOUSING; DATA SET; DEMOGRAPHY; EMPIRICAL ANALYSIS; HOMEOWNERSHIP; INCOME DISTRIBUTION; LOW INCOME POPULATION; URBAN ECONOMY; URBAN HOUSING;

CHINA; GUANGDONG; GUANGZHOU;

EID: 84878847394     PISSN: 00420980     EISSN: 1360063X     Source Type: Journal    
DOI: 10.1177/0042098012470398     Document Type: Article

References (44)

1. Adams B.Macroeconomic implications of China urban housing privatization, 1998-1999.Journal of Contemporary China. 2009;18 (62): 881-888.
2. Key Indicators for Asia and the Pacific 2010. Metro Manila, Philippines: ADB; 2010:.
3. Bertaud A. The Symposium on Low-income Housing in China; 2009Beijing University; 2009.
4. Bourassa S. C.,Yin M.Housing tenure choice in Australia and the United States: impacts of alternative subsidy policies.Real Estate Economics. 2006;34 (2): 303-328.
5. Buttimer R. J.,Gu A. Y.,Yang T. T.The Chinese housing provident fund.International Real Estate Review. 2004;7 (1): 1-30.
6. Chen J.,Zhang X.Housing demand and housing policy of the young sandwich group in mainland China: a survey of young white-collar employees in Shanghai.Journal of Youth Studies. 2012;15 (1): 130-143.
7. Chen J.,Guo F.,Zhu A.The housing-led growth hypothesis revisited: evidence from the Chinese provincial panel data.Urban Studies. 2011;48 (10): 2049-2067.
8. Chen J.,Hao Q.,Stephens M.Assessing housing affordability in post-reform China: a case study of Shanghai.Housing Studies. 2010;25 (6): 877-901.
9. Chi-Man Hui E.The housing allowance scheme in Guangzhou.Habitat International. 2000;24 (1): 19-29.
10. Davidson R.,McKinnon J. G.Estimation and Interference in Econometrics. New York: Oxford University Press; 1993:.
11. Deng L.,Shen Q.,Wang L.The emerging housing policy framework in China.Journal of Planning Literature. 2011;26 (2): 168-183.
12. Diaz-Serrano L.Labor income uncertainty, skewness and homeownership: a panel data study for Germany and Spain.Journal of Urban Economics. 2005;58 (1): 156-176.
13. Doling J.Housing policies and the little tigers: how do they compare with other industrialised countries?.Housing Studies. 1999;14 (2): 229-250.
14. Building Rome in a day: the sustainability of China's housing boom. The Economist Intelligence Unit: London; 2011:.
15. Fu Y.Uncertainty, next term liquidity, and housing choices.Regional Science and Urban Economics. 1995;25 (2): 223-236.
16. Goodman A. C.An econometric model of housing price, permanent income, tenure choice, and housing demand.Journal of Urban Economics. 1988;23 (3): 327-353.
17. Goodman A. C.,Kawai M.Permanent income, hedonic price, and demand for housing: new evidence.Journal of Urban Economics. 1982;12 (2): 214-237.
18. Groves R.,Murie A.,Watson C.Housing and the New Welfare State: Perspectives from East Asia and Europe. Aldershot: Ashgate; 2007:.
19. GZMLRHAB (Guangzhou Municipal Land Resources and Housing Administrative Bureau) (2009) The introduction of Guangzhou's capped-price housing scheme in 2009. GZMLRHAB (http://www.laho.gov.cn/zmhd/zcjd/201106/t20110613_255224.htm).
20. Hancock K. E.Can pay? Won't pay?' or economic principles of 'affordability.Urban Studies. 1993;30 (1): 127-145.
21. Hui E. C.,Seabrooke B.The housing allowance scheme in Guangzhou.Habitat International. 2000;24 (1): 19-29.
22. Hulchanski D. J.The concept of housing affordability: six contemporary uses of the housing expenditure-to-income ratio.Housing Studies. 1995;10 (4): 471-492.
23. KwongH.-Y. F. (1995) Housing for the middle income group: sandwich class housing loan scheme (1993). MA thesis, University of Hong Kong.
24. Lee J.Affordability, homeownership and the middle class housing crisis in Hong Kong.Policy and Politics. 1994;22 (3): 170-190.
25. Li S.-M.,Yi Z.Financing home purchase in China, with special reference to Guangzhou.Housing Studies. 2007;22 (3): 409-425.
26. Liang Y.,Huo Z.,Liu K.An empirical study on the family wealth distribution in urban and rural China.Economic Research. 2010; (10): 33-47.
27. Linneman P. D.,Megbolugbe I. F.Housing affordability: myth or reality?.Urban Studies. 1992;29 (3): 369-392.
28. Logan J. R.,Fang Y.,Zhang Z.The winners in China's urban housing reform.Housing Studies. 2010;25 (1): 101-117.
29. Long J. S.,Freese J.Regression Models for Categorical Dependent Variables Using Stata. 2006) Regression Models for Categorical Dependent Variables Using Stata, 2nd edn.College Station, TX: Stata Press.College Station, TX: Stata Press; 2006:.
30. Meng X.Economic restructuring and income inequality in urban China.Review of Income and Wealth. 2004;50 (3): 357-379.
31. Ravallion M.The developing world's bulging (but vulnerable) middle class.World Development. 2010;38 (4): 445-454.
32. RICS (Royal Institution of Chartered Surveyors) (2011) RICS housing research: 30% of Hong Kong households are sandwich class who may not afford to buy private housing. RICS Asia, Hong Kong (http://www.ricsasia.org/newsDetail.php?id=305®ionID=0).
33. Ronald R.Comparing homeowner societies: can we construct an east-west model?.Housing Studies. 2007;22 (4): 473-493.
34. Ronald R.,Doling J.Shifting East Asian approaches to home ownership and the housing welfare pillar.International Journal of Housing Policy. 2010;10 (3): 233-254.
35. Stephens M.Locating Chinese urban housing policy in an international context.Urban Studies. 2010;47 (14): 2965-2982.
36. Stone M. E.What is housing affordability? The case for the residual income approach.Housing Policy Debate. 2006;17 (1): 151-184.
37. Thalmann P.'House poor' or simply 'poor'?.Journal of Housing Economics. 2003;12 (4): 291-317.
38. Wang Y. P.,Murie A.The new affordable and social housing provision system in China: implications for comparative housing studies.International Journal of Housing Policy. 2011;11 (3): 237-254.
39. Wei S.-J.,Zhang X.,Liu Y.Status competition and housing prices: some evidence from China. Cambridge, MA: National Bureau of Economic Research; 2012:.
40. Wu J.,Gyourko J.,Deng Y.Evaluating conditions in major Chinese housing markets.Regional Science and Urban Economics. 2012;42 (3): 531-543.
41. Yang Z.,Wang S.The impact of privatization of public housing on housing affordability in Beijing: an assessment using household survey data.Local Economy. 2011;26 (5): 384-400.
42. Yeung S. C.-W.,Howes R.The role of the housing provident fund in financing affordable housing development in China.Habitat International. 2006;30 (2): 343-356.
43. Zenou Y.Housing policies in China: issues and options. Lund University; 2010:.
44. Zheng S.,Fu Y.,Liu H.Housing-choice hindrances and urban spatial structure: evidence from matched location and location-preference data in Chinese cities.Journal of Urban Economics. 2006;60 (3): 535-557.