Impact of Happiness on Allocation in Real Estate in Chinese Household

DOI

10.2991/hss-26.2016.144How to use a DOI?

Keywords

Happiness, Real estate, China, Household, Optimism.

Abstract

This article utilizes the data from China Household Finance Survey in 2011 to study the relationship between happiness and investment in real estate market. The result indicates the probability of a household’s participation in real estate, as well as household shares invested in it, is strongly associated with happiness. Furthermore, empirical results suggest optimism triggers a potential channel to affect household’s allocation in real estate market.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yaling Zhou
AU  - Zhongyi Xiao
PY  - 2016/01
DA  - 2016/01
TI  - Impact of Happiness on Allocation in Real Estate in Chinese Household
BT  - Proceedings of the 2016 International Conference on Humanities and Social Science
PB  - Atlantis Press
SP  - 885
EP  - 889
SN  - 2352-5398
UR  - https://doi.org/10.2991/hss-26.2016.144
DO  - 10.2991/hss-26.2016.144
ID  - Zhou2016/01
ER  -