This book provides a comprehensive analysis of housing affordability under the economic reforms and social transformations in urban China. It also offers an overall review of the current government measures on the housing market and affordable housing policies in China. By introducing a dynamic affordability approach and residual income approach, the book allows us to capture the size of the affordability gap more accurately, to better identify policy targets, and to assess the effectiveness of current public policy. The unique database on urban household surveys and regional information on affordable housing projects serve to strengthen the analysis. The book offers theoretical and empirical insights for in-depth affordability studies and helps readers to understand the social impacts of market reforms and the role of government on the Chinese housing market.

Table of contents :
Front Matter....Pages i-xi
Introduction....Pages 1-13
Housing Reform and the Housing Market in Urban China....Pages 15-43
Theoretical Background: Affordability and Its Measurement....Pages 45-58
Housing Affordability in Urban China: National Study....Pages 59-72
Housing Affordability in Urban China: Regional Study....Pages 73-86
Effects of Housing Policy on Affordability....Pages 87-110
Financing Affordable Housing Through Compulsory Savings....Pages 111-127
Conclusion....Pages 129-134