Proceedings of the 2025 10th International Conference on Social Sciences and Economic Development (ICSSED 2025)

How does Housing Wealth Impact Wealth Inequality among Families? --------- Experience Evidence from China

Authors
Xinyan Luo1, *
1Department of Economics, University at Buffalo SUNY, Buffalo, USA
*Corresponding author. Email: xemo221@163.com
Corresponding Author
Xinyan Luo
Available Online 27 May 2025.
DOI
10.2991/978-94-6463-734-2_7How to use a DOI?
Keywords
Wealth inequality; Housing wealth; Consumption upgrading; Urban
Abstract

This paper focuses on the wealth inequality of families caused by social comparison at the micro level and constructs the index of relative deprivation of wealth. The findings are as follows: 1) high housing wealth has negative effect of wealth inequality, this conclusion has passed the robustness and endogeneity tests; 2) high housing wealth reduces wealth inequality by upgrading consumption; 3) urban areas can attenuate the impact of housing wealth on wealth inequality. This paper puts forward suggestions for China’s housing policy, which can help alleviate wealth inequality and provide a reference for promoting social equity and common prosperity.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 10th International Conference on Social Sciences and Economic Development (ICSSED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
27 May 2025
ISBN
978-94-6463-734-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-734-2_7How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Xinyan Luo
PY  - 2025
DA  - 2025/05/27
TI  - How does Housing Wealth Impact Wealth Inequality among Families? --------- Experience Evidence from China
BT  - Proceedings of the 2025 10th International Conference on Social Sciences and Economic Development (ICSSED 2025)
PB  - Atlantis Press
SP  - 49
EP  - 66
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-734-2_7
DO  - 10.2991/978-94-6463-734-2_7
ID  - Luo2025
ER  -