Asian Journal of Research in Business Economics and Management
  • Year: 2014
  • Volume: 4
  • Issue: 12

A Study of Population Ageing on Housing Price: Evidence from 31 Provinces in China

*Case Western Reserve University, Department of Accounting

**Salem State University, China Master of Business Administration

Online published on 4 December, 2014.

Abstract

This paper aims to explore the relationship between population ageing and housing price in China. We attempt to study the effect of population ageing on China's real estate market using panel data from the National Bureau of Statistics of China from 2002 to 2009 across 31 provinces or municipalities. The result indicates that population ageing has non-linear effect on housing price in China and in some major cities, for example, Beijing, Shanghai, and Tianjin, population ageing is contributing to the rise of housing prices.

Keywords

Population ageing, housing price, urban economics, public economics