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作者

Lili Wu;Yang Bian;Wei Zhang

来源

HOUSING STUDIES,Vol.34,Issue3

语言

英文

关键字

作者单位

School of Business Administration, China University of Petroleum-Beijing, Beijing, China;School of Banking and Finance, University of International Business and Economics, Beijing, China;School of Marxism, Tsinghua University, Beijing, China

摘要

Ever since housing was transformed from the most important welfare benefit to the most valuable form of private property through radical housing reform in 1998, housing allocation mechanisms in China have been characterized by the coexistence of market logic and socialist legacy. Thus, the Chinese housing system exhibits a transitional nature as the country moves away from a socialist housing system towards a privatized housing system. Using the 2011 Chinese Household Finance Survey, we not only examine these changes in private ownership of housing, but also give an updated evaluation of the privatization process with new empirical evidence. We develop a conceptual framework and an empirical analysis to shed light on distinct housing inequality patterns in transitional urban China. Our results show that both socioeconomic characteristics and socialist institutions contribute to housing inequality, but they follow different paths in the reform and have different impacts on housing inequality.