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Temporal and Spatial Variation of Housing Affordability in China

In: Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Huachao Qian

    (Nanjing Forestry University)

  • Xin Ma

    (Nanjing Forestry University
    Nanjing Agricultural University)

  • Qi Wang

    (Nanjing Forestry University)

  • Chen Liu

    (Nanjing Forestry University)

Abstract

This paper analysis the PIR index changes in 35 cities from 1991 to 2012. The results show that the housing affordability of urban residents appears to enhance at first and then becomes weak. In generally, the overall housing affordability is low and always fluctuating. In addition, the differences of the spatial distribution are significant. The PIR in developed areas are high while in underdeveloped areas are low. People’s income in developed areas is higher than those in underdeveloped areas, and this leading to a more comfortable life. But the increasing rate of the housing price is faster than that of the income, so it increases the cost of housing payments.

Suggested Citation

  • Huachao Qian & Xin Ma & Qi Wang & Chen Liu, 2015. "Temporal and Spatial Variation of Housing Affordability in China," Springer Books, in: Liyin Shen & Kunhui Ye & Chao Mao (ed.), Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, edition 127, chapter 0, pages 595-605, Springer.
    • Handle: RePEc:spr:sprchp:978-3-662-46994-1_49
    DOI: 10.1007/978-3-662-46994-1_49
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