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- W4308993708 abstract "Motivated by the growing trend of young professionals flowing out of high-profile cities in China, this study examines whether high housing prices have a crowding-out effect on young professionals across 235 Chinese cities. Using a conditional logit model with multiple control variables related to the economy, the social environment, and city location, the results showed an inverted U-shaped relationship between a city’s house prices and young professionals’ potential migration into the city. We also performed a series of robustness checks and categorised the sample by gender, academic qualification, and marital status. The results indicated the same inverted U-shaped relationship, but with different extreme points for house prices across the sub-samples. The findings offer suggestions for Chinese local governments to attract young professionals by regulating housing prices in cities where prices surpass the extreme point." @default.
- W4308993708 created "2022-11-20" @default.
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- W4308993708 date "2022-11-14" @default.
- W4308993708 modified "2023-09-25" @default.
- W4308993708 title "Do high housing prices crowd out young professionals?—Micro-evidence from China" @default.
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- W4308993708 doi "https://doi.org/10.1080/1331677x.2022.2142832" @default.
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