Abstract
With the rapid rise in housing prices in urban China, housing affordability has become a challenge for the younger generation. Although emerging studies have paid attention to housing inequality in China, most of them focused on the transistion of housing resource allocation from the state to the market. However, the role of family in housing acquisition is relatively neglected. Using 2013 Fudan Yangtze River Delta Social Transformation Survey (FYRST), this paper investigates the impact of housing assets and socioeconomic status of parents on housing acquisition of young families, paying particular attention to the differences between the impact of husband's parents and wife's parents. It has been found that parents' hukou status largely determines the position of young families in the housing market. The amount of housing wealth owned by parents with different hukou status varies remarkable, which affects the intergenerational support that their children could receive. Compared with wife's parents, the hukou status of husband's parents exert a greater impact on housing outcomes of young families. Wife's parents owing a home in Shanghai increases the probability of young families achieving homeownership. The intergenerational transmission of resources together with assortative mating through marriage will lead to the accumulation of housing advantages as well as disadvantages among young families, and may exacerbate housing differentiation within the young generation.
| Translated title of the contribution | Access to homeownership in urban China from the perspective of intergenerational transmission: A case study of Shanghai |
|---|---|
| Original language | Chinese (Traditional) |
| Pages (from-to) | 167-178 |
| Number of pages | 12 |
| Journal | World Regional Studies |
| Volume | 30 |
| Issue number | 1 |
| DOIs | |
| State | Published - 30 Jan 2021 |