House Fund And Chinese Urban Household Wealth Inequality

As China's economic system transformation,the Chinese household wealth accumulated quickly,China's total wealth in the global wealth has occupies the important proportion,but the subsequent household wealth inequality is increasingly outstanding,wealth inequality has become one of the most widely discussed and controversial topic nowadays.Housing due to mobility and huge value has produced its irreplaceable important position in the household wealth.Released in 2013,according to the Chinese academy of social sciences institute of sociology of the national social conditions,according to the comprehensive survey of China's urban family housing ownership rate of 89.6%.This achievement is in addition to owe to our country's urbanization construction,and the 20 world housing marketization reform is also inseparable from the 80 s.Since the 1980 s,the state shall encourage the commercialization of housing market,acti-vely learn foreign experience in the early 90's housing accumulation fund system is introduced.Since the implement of housing accumulation fund to establish,accumulation fund system as a low-income housing finance system,developing and perfecting constantly,accumulation fund expanding coverage,increasing efficiency,capture puts scale expanded year by year,provided a stable source of funds for housing loan,will improve the residents' housing purchasing power to a certain extent,to improve their housing conditions,solve the housing problem of residents,has now developed into an important part of China's housing system security policy.But with the development of the accumulation fund system,also appeared a series of benefits,such as group interests distribution inequality,capture puts group differences,personal income and regional differences,lead to different families have different accumulation fund system.As a result of housing accumulation fund system in the protection of residents rights at the same time,also promoted the centralized ownership of wealth to a few,in the 21st century,China's urbanization in the process of construction,deepening the reform of land,land,housing and other tangible assets revaluation,in the process,whether to have the ownership of the housing and covers a total area of housing and housing environment factors lead to sudden increase property values,directly promoted the urban family property of family wealth increase,lead to the wealth level of different family types have appeared difference,has brought the same dividend "system."Under this mechanism,the system of housing accumulation fund affect the housing needs of families,and impact on household wealth,but the effect how?Accumulation fund in the housing and household wealth inequality played the role of what?The problem is that we focus on the problem.Based on the southwestern university of finance and economics in 2010 questionnaire for Chinese family financial research center"."data,from the micro perspective interpretation of China's housing accumulation fund system influence and the influence of family wealth accumulation path and evolutionary architecture,combining literature research and statistics analysis,the descriptive statistics analysis and difference analysis,and the family is derived from the logistic model with the influence of the accumulation fund for housing inequality,accumulation fund system using OLS model research on the influence of family wealth inequality,focus from accumulation fund system,region,head of the household type and head of the household title type four dimensions synthetically discusses the housing accumulation fund system of China's urban family ownership,housing area and the influence of family wealth inequality.The main study are as follows:First,in terms of considering home ownership,in the protection of residents have housing accumulation fund system does have played an important role in promoting,accumulation fund and housing ownership into significant positive correlation,but the eastern Midwest region difference is not obvious,level of education and housing ownership is significantly positive correlation,in which technical secondary school,high school level of education degree of home ownership has the right to the most likely,head of the household to senior title of households have significantly greater than the risk of housing without the title of the probability of the family.Secondly.considering the housing housing area of inequality index system,the study found that negative correlation area for housing accumulation fund system,the main analysis with accumulation fund most of ordinary families when choosing to buy will choose to use accumulation fund are members of a family,yet with accumulation fund loan proportion and deserve credit scale has certain limitations,and this leads to the families of the accumulation fund in will be subject to the conditions of the loan amount that buy a house,lead to this part of the family to choose the housing area is relatively small,but no accumulation fund families are mostly private practitioners,individual enterprises have their own source of funds,when buying a selection of commercial loan limit is less than the accumulation fund loan limit,more inclined to choose a bigger housing area.Finally,the influence of the research on the family wealth accumulation fund system,the study found that accumulation fund system and have significant positive influence on family wealth accumulation,the eastern part of household wealth is significantly higher than the Mid'west,affected by the education level of the wealth of households generally presents the diminishing marginal tendency,the higher the level of education,the more family wealth accumulation.Considering different types of household to household wealth accumulation effects under the condition of accumulation fund,head of the household type of household wealth did not obviously influence,and the head of the household title,senior titles or intermediate family household wealth significantly more than the absence of title not technician householder type family.