{"id":4387,"date":"2025-03-28T03:53:58","date_gmt":"2025-03-27T19:53:58","guid":{"rendered":"http:\/\/www.gssinst.org\/irer\/?p=4387"},"modified":"2025-11-29T02:35:38","modified_gmt":"2025-11-28T18:35:38","slug":"more-work-or-more-leisure-housing-matters","status":"publish","type":"post","link":"https:\/\/www.gssinst.org\/irer\/2025\/03\/28\/more-work-or-more-leisure-housing-matters\/","title":{"rendered":"More Work or More Leisure? Housing Matters"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4387\" class=\"elementor elementor-4387\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b084dbc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b084dbc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47d15be8\" data-id=\"47d15be8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73767d13 elementor-widget elementor-widget-text-editor\" data-id=\"73767d13\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><div class=\"article_label\">Article<\/div><p class=\"article_title\">More Work or More Leisure? Housing Matters<\/p><div><p class=\"title_label_large\">Author<\/p><p class=\"title_label_large\">Start Page \/ End Page<\/p><p class=\"title_label\">Volume<\/p><p class=\"title_label\">Issue Number<\/p><p class=\"title_label\">Year<\/p><p class=\"title_label_large\">Publication<\/p><\/div><div><p><!-- Author \/ StartEndPage \/ Volume \/ IssueNumber \/ Year \/ Publication --><\/p><p class=\"title_text_large\">Yan Zhao, Jiayuan Cai, Feifan Chen, Victor Song<\/p><p class=\"title_text_large\">1 \/ 20<\/p><p class=\"title_text\">28<\/p><p class=\"title_text\">1<\/p><p class=\"title_text\">2025<\/p><p class=\"title_text_large\">International Real Estate Review<\/p><\/div><div class=\"empty\">\u00a0<\/div><p class=\"abstract_label\">Abstract<\/p><p>We contribute to the growing number of studies in the literature that focus on the effects of housing on labor in two ways by using the case of China. First, we add leisure consumption, and second, a heterogeneity analysis. Using survey data from 2017, we find that, overall, housing value appreciation significantly reduces labor force participation. However, once the sample is broken down into housing ownership and region, the heterogeneity analysis shows something different. Specifically, for housing renters in high housing price regions, their engagement in the labor market decreases with housing appreciation, which is also true for housing owners. This conclusion is corroborated by a study on leisure, in which leisure is shown to be increasing with housing appreciation, especially for renters in high housing price regions. Our results support the claim that rapidly increasing housing prices might be an important cause for the \u201clying flat&#8221; phenomenon in China.<\/p><p>\u00a0<\/p><p><!-- PDF DownloadLink --><\/p><p class=\"download\"><a href=\"http:\/\/www.gssinst.org\/irer\/wp-content\/uploads\/2025\/03\/1-MS24021701-More-Work-or-More-Leisure-Zhao.pdf\" target=\"_blank\"><strong>View PDF -https:\/\/doi.org\/10.53383\/100395<\/strong><\/a><\/p><div class=\"empty\">\u00a0<\/div><div>\u00a0<\/div><div><p class=\"abstract_label\">Keywords<\/p><p>Housing price, Labor force participation, Housing ownership<\/p><\/div><div>\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Article More Work or More Leisure? Housing Matters Author Start Page \/ End Page Volume Issue Number Year Publication Yan&hellip;<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"article-template.php","format":"standard","meta":[],"categories":[276,275],"tags":[],"_links":{"self":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4387"}],"collection":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/comments?post=4387"}],"version-history":[{"count":5,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4387\/revisions"}],"predecessor-version":[{"id":4603,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/4387\/revisions\/4603"}],"wp:attachment":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/media?parent=4387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/categories?post=4387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/tags?post=4387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}