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Name: Chuanyong Zhang

Institution/Company: East China Normal University

Position: Shanghai,China

Effects of Housing Prices on Income Inequality in Urban China

This paper explored the effects of housing prices on income inequality in China. By using China''s inter-provincial panel data from 1995 to 2011, we find that both housing prices and long-term mortgage rates are associated with the Gini coefficient of the income of urban residents, and the coefficients of correlation are significant positive. Moreover, a series of housing price control policies promulgated by the Chinese government has worsened the situation and has caused considerable interaction effects on long-term mortgage rates since 2003.

28.12.2015 | Chuanyong Zhang, Fang Zhang | Volume: 2 | Issue: 2 | Pages: 11-18 | 10.13060/23362839.2015.3.2.237
Copyright 2013 Critical Housing Analysis
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