Chapter
Aug 8, 2018
International Conference on Construction and Real Estate Management 2018

Indemnification Housing Policy Satisfaction of Low and Middle-Income Group in China: Empirical Study Based on CGSS 2015 Data

Publication: ICCREM 2018: Analysis of Real Estate and the Construction Industry

ABSTRACT

The housing security system has achieved considerable development since China established it in 1998. However, there are still many deficiencies in the indemnification housing system. This research attempts to examine the issue of low and middle-income group’s satisfaction with indemnification housing policy from a micro perspective based on CGSS 2015 data. This research used two-step cluster analysis method to define low and middle-income groups, and a multiple linear regression model to explore the influencing factors. It is found that three factors: the housing area, socioeconomic status compared to peers, personal perceived social fairness significantly affect the satisfaction of the low and middle-income groups on the policy. This research gave explanations for satisfaction with indemnification policy among low and middle-group in China. On the basis of this, suggestions are provided for the formulation of policy.

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REFERENCES

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Go to ICCREM 2018
ICCREM 2018: Analysis of Real Estate and the Construction Industry
Pages: 1 - 9
Editors: Yaowu Wang, Professor, Harbin Institute of Technology, Yimin Zhu, Professor, Louisiana State University, Geoffrey Q. P. Shen, Professor, Hong Kong Polytechnic University, and Mohamed Al-Hussein, Professor, University of Alberta
ISBN (Online): 978-0-7844-8174-5

History

Published online: Aug 8, 2018

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Authors

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Postgraduate, Dept. of Construction and Real Estate, Harbin Institute of Technology, Harbin 150001, China. E-mail: [email protected]
Yongxiang Wu [email protected]
Professor, Dept. of Construction and Real Estate, Harbin Institute of Technology, Harbin 150001, China (corresponding author). E-mail: [email protected]
Zhuowei Wang [email protected]
Postgraduate, Dept. of Construction and Real Estate, Harbin Institute of Technology, Harbin 150001, China. E-mail: [email protected]

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