文献类型：期刊文献

英文题名：Inheritance dynamics and housing price fluctuations: Evidence from the China household finance survey

作者：Wang, Zixuan[1];Feng, Yu[2];Li, Yan[3,4];Wang, Zehao[5];Lin, Ouwen[6]

机构：[1]City Univ Macao, Fac Finance, Macau 999078, Peoples R China;[2]Chongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China;[3]Hong Kong Polytech Univ, Dept Chinese & Bilingual Studies, Hong Kong, Peoples R China;[4]Guangdong Ocean Univ, Sch Econ, Zhanjiang, Peoples R China;[5]East China Normal Univ, Sch Social Dev, Shanghai, Peoples R China;[6]Guangzhou Coll Technol & Business, Business Sch, Guangzhou, Peoples R China

年份：2024

卷号：67

外文期刊名：FINANCE RESEARCH LETTERS

收录：SSCI(收录号：WOS:001286200400001)、、Scopus(收录号：2-s2.0-85197425671)、WOS

基金：Acknowledgments This work is supported by Annual Program of Philosophy and Social Science Planning of Henan Province (Grant No. 2023CJJ113) .

语种：英文

外文关键词：Family aging; Inheritance motives; Male offspring; Housing prices

外文摘要：The demographic shift towards an older population has a profound impact on the economy, particularly in the real estate sector. The evolving housing demand, shaped by changing family structures and financial circumstances, is influenced by inheritance considerations, which in turn affect investment decisions and market dynamics. This study uses data from the China Household Finance Survey (2013-2019) to explore the impact of aging on housing prices, with a focus on inheritance motives and the influence of male descendants. While ageing tends to decrease prices, inheritance motives, particularly those of male heirs, tend to offset this effect. The geographical distribution of this impact varies, with the level of education also playing a role. It is therefore vital to address demographic shifts and cultural norms in order to maintain stability in the housing market.