Housing wealth inequality in urban China: the transition from welfare allocation to market differentiation

Abstract The differentiation of housing assets is an important embodiment of wealth inequality and is also an important dimension of social stratification. The housing distribution in China has experienced a transition from welfare allocation to market distribution over the decades. This process has...

Full description

Bibliographic Details
Main Authors: Chunling Li, Yiming Fan
Format: Article
Language:English
Published: SpringerOpen 2020-09-01
Series:The Journal of Chinese Sociology
Subjects:
Online Access:http://link.springer.com/article/10.1186/s40711-020-00129-4
_version_ 1819049400045928448
author Chunling Li
Yiming Fan
author_facet Chunling Li
Yiming Fan
author_sort Chunling Li
collection DOAJ
description Abstract The differentiation of housing assets is an important embodiment of wealth inequality and is also an important dimension of social stratification. The housing distribution in China has experienced a transition from welfare allocation to market distribution over the decades. This process has led to a change in the housing stratification mechanism and widened housing wealth inequality, which has evoked theoretical disputes about “market transition,” “power persistence,” and “power derivation.” Based on the 2017 Chinese Social Survey (CSS), this article examines the housing wealth inequality in urban China and probes the major drivers of housing stratification. The results suggest that with the progress of housing marketization, market mechanisms have replaced the original socialist redistribution mechanisms and have become the major drivers of housing wealth inequality. However, some of the original socialist institutional arrangements continue to have strong effects on housing wealth inequality. The persisting institutional effect may provide a new perspective for exploring housing wealth inequality in contemporary urban China.
first_indexed 2024-12-21T11:31:33Z
format Article
id doaj.art-0f30fadc323b4e5ebd8cbbcb388ee01b
institution Directory Open Access Journal
issn 2198-2635
language English
last_indexed 2024-12-21T11:31:33Z
publishDate 2020-09-01
publisher SpringerOpen
record_format Article
series The Journal of Chinese Sociology
spelling doaj.art-0f30fadc323b4e5ebd8cbbcb388ee01b2022-12-21T19:05:33ZengSpringerOpenThe Journal of Chinese Sociology2198-26352020-09-017111710.1186/s40711-020-00129-4Housing wealth inequality in urban China: the transition from welfare allocation to market differentiationChunling Li0Yiming Fan1Institute of Sociology, Chinese Academy of Social SciencesGraduate School, University of Chinese Academy of Social SciencesAbstract The differentiation of housing assets is an important embodiment of wealth inequality and is also an important dimension of social stratification. The housing distribution in China has experienced a transition from welfare allocation to market distribution over the decades. This process has led to a change in the housing stratification mechanism and widened housing wealth inequality, which has evoked theoretical disputes about “market transition,” “power persistence,” and “power derivation.” Based on the 2017 Chinese Social Survey (CSS), this article examines the housing wealth inequality in urban China and probes the major drivers of housing stratification. The results suggest that with the progress of housing marketization, market mechanisms have replaced the original socialist redistribution mechanisms and have become the major drivers of housing wealth inequality. However, some of the original socialist institutional arrangements continue to have strong effects on housing wealth inequality. The persisting institutional effect may provide a new perspective for exploring housing wealth inequality in contemporary urban China.http://link.springer.com/article/10.1186/s40711-020-00129-4Housing wealth inequalityMarket transitionInstitutional effect
spellingShingle Chunling Li
Yiming Fan
Housing wealth inequality in urban China: the transition from welfare allocation to market differentiation
The Journal of Chinese Sociology
Housing wealth inequality
Market transition
Institutional effect
title Housing wealth inequality in urban China: the transition from welfare allocation to market differentiation
title_full Housing wealth inequality in urban China: the transition from welfare allocation to market differentiation
title_fullStr Housing wealth inequality in urban China: the transition from welfare allocation to market differentiation
title_full_unstemmed Housing wealth inequality in urban China: the transition from welfare allocation to market differentiation
title_short Housing wealth inequality in urban China: the transition from welfare allocation to market differentiation
title_sort housing wealth inequality in urban china the transition from welfare allocation to market differentiation
topic Housing wealth inequality
Market transition
Institutional effect
url http://link.springer.com/article/10.1186/s40711-020-00129-4
work_keys_str_mv AT chunlingli housingwealthinequalityinurbanchinathetransitionfromwelfareallocationtomarketdifferentiation
AT yimingfan housingwealthinequalityinurbanchinathetransitionfromwelfareallocationtomarketdifferentiation