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.

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Authors: Chuanyong Zhang, Fang Zhang
Document Type: article
ISSN: 2336-2839
Volume: 2
Issue: 2
Pages: 11-18
DOI code: 10.13060/23362839.2015.3.2.237
Date of publication: 28.12.2015

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