Home ownership, housing differentiation and experiences of living: evidence from young, promising middle-class Beijingers

Abstract

ABSTRACT Young people and their housing conditions are closely linked, since housing determines whether an individual can lead a smooth transition from dependence to independence. Nevertheless, young people across many societies face growing problems in achieving this transition, which can be attributed to rising house prices and the lack of affordable alternatives to homeownership. Moreover, young people are likely to have vastly divergent experiences and outcomes depending on their tenure. This paper explores these issues in relation to young people in Beijing. The paper argues that the housing issues in Beijing have distinct local characteristics. Drawing on a unique dataset of 83 housing stories, this paper explores housing differentiation and experiences amongst young, promising middle-class people in Beijing. This paper attempts to answer the following research questions: What factors contribute to young people’s access to homeownership in light of the rising house prices in Beijing? How is homeownership differentiated by different classifications? The answers to the research questions are the key to understanding the differentiation of homeownership amongst young, promising middle-class people in Beijing.