TITLE:
Ageing, Divorce and Housing Demands—An Empirical Study from China
AUTHORS:
Hongqin Zhang, Carol Fuller, Ladi Wang, Bin Li
KEYWORDS:
Ageing, Divorce, Housing Demands, Interaction Function
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.8 No.5,
May
19,
2020
ABSTRACT: This paper examines the role of divorce in the nexus between aging and
housing demands. Based on China’s provincial panel data from 2005 to 2017, we
construct a dynamic panel model from the perspective of family to investigate
the impact of aging population on housing demands, and the moderating effect of
divorce. The study shows that in the sample period, when the moderating effect
of divorce is not taken into account, the aging population has a significant inhibitory
effect on housing demands, and divorce rates do not increase housing demands in
general, but there are instead, differences in the significance levels of the
impact of the number of residential transactions and the area in which they
occur. After considering the moderating effect, an aging population has an
obvious promoting effect on housing demand, but since the divorce rate has a
weakening role, the promoting effect will gradually decline. Based on the data
from this research, this paper puts forward some suggestions to housing market.