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Status已发表Published
TitleHouse Price and co-Residence with Older Parents: Evidence from China
Creator
Date Issued2018-10-01
Source PublicationJournal of Real Estate Finance and Economics
ISSN0895-5638
Volume57Issue:3Pages:502-533
Abstract

Numerous Chinese families choose to reside together with their elderly parents due to the considerable impacts of conventional values such as filial duty in Chinese society. However, as house prices rocketed up in major Chinese cities over the past decade, this arrangement is facing a sizeable challenge, therefore also raising new research question about it. This paper attempts to investigate the phenomenon of co-residence of adult children with their elderly parents in China. Using the 2013 data of China Household Finance Survey (CHFS), we document that house price is indeed a significant determinant for the pattern of intergenerational co-residence. Our empirical results can provide interesting insights into the important implication of rising house price for household residential arrangements in this country.

KeywordCHFS Elderly parents House price Housing consumption Intergenerational co-residence
DOI10.1007/s11146-018-9653-4
URLView source
Indexed BySSCI
Language英语English
WOS Research AreaBusiness & Economics ; Urban Studies
WOS SubjectBusiness, Finance ; Economics ; Urban Studies
WOS IDWOS:000443719600007
Scopus ID2-s2.0-85052757925
Citation statistics
Cited Times:3[WOS]   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
Identifierhttp://repository.uic.edu.cn/handle/39GCC9TT/12579
CollectionResearch outside affiliated institution
Corresponding AuthorFan, Gang-Zhi
Affiliation
1.Survey and Research Center for China Household Finance,Southwestern University of Finance and Economics,Chengdu,55 Guanghuacun Street,610074,China
2.School of Public Economics and Administration,Shanghai University of Finance and Economics,Shanghai,777 Guoding Road,200433,China
3.School of Management,Guangzhou University,Guangzhou,No. 230 Wai Huanxi Road, Guangzhou Higher Education Mega Center,510006,China
4.Department of Real Estate,National University of Singapore,Singapore,4 Architecture Drive,117566,Singapore
Recommended Citation
GB/T 7714
Yi, Daichun,Deng, Xiaoying,Fan, Gang-Zhiet al. House Price and co-Residence with Older Parents: Evidence from China[J]. Journal of Real Estate Finance and Economics, 2018, 57(3): 502-533.
APA Yi, Daichun, Deng, Xiaoying, Fan, Gang-Zhi, & Ong, Seow Eng. (2018). House Price and co-Residence with Older Parents: Evidence from China. Journal of Real Estate Finance and Economics, 57(3), 502-533.
MLA Yi, Daichun,et al."House Price and co-Residence with Older Parents: Evidence from China". Journal of Real Estate Finance and Economics 57.3(2018): 502-533.
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