中国存在住房支付困难吗?

Is There a Housing Affordability Issue in China?

本文在居住贫穷指标基础上,构建了住房收入指标理论上限值,弥补了现有文献不足。本文依据中国35个大中城市1996-2007年住房市场数据估算了中国住房使用成本,说明了中国城市住房支付困难程度。描述性分析表明,中国大多数城市不存在严重住房支付困难问题。实证研究发现,房价比收入更能影响中国城市住房支付困难,住房面积也显著影响住房支付困难。因此,经济适用房和限价房是解决居民住房支付困难的有效措施。实证研究还发现:房改年显著降低了城市住房支付困难;人口增长率差异并未导致城市住房支付困难差异;城市住房支付困难问题并未在地理位置上表现出明显差异。

This paper contributes to defining dynamic upper boundary of the percentage of housing expenditure to income ratio via Engel's Coefficient.Using housing market data of 35 large and medium cities in China from 1996 to 2007,this paper examines housing affordability difficulties by computing housing user cost.The statistical analysis shows that the majority of Chinese cities do not face severe housing affordability difficulty.The results exhibit that the housing price has played a more important role in housing affordability than household income.Meanwhile,housing size has exerted a great impact on housing affordability.Accordingly,developing more affordable houses is an alternative to mitigate the housing affordability issue in China.In addition,the author also finds that the housing reform facilitates housing affordability issue due to low sales price of the public houses,while population growth rate and geographic locations have no significant impact on housing affordability.