Homeownership attainment of adult children in urban China: parental attributes and financial support

2020 ◽  
pp. 1-33
Author(s):  
Zhou Yu
2018 ◽  
Vol 45 (10) ◽  
pp. 1769-1789 ◽  
Author(s):  
Marco Albertini ◽  
Giancarlo Gasperoni ◽  
Debora Mantovani

2019 ◽  
pp. 1-22
Author(s):  
Jia Miao ◽  
Xiaogang Wu

AbstractThis study investigates the relative importance of living with adult children and social participation for the elderly's subjective wellbeing (happiness) in three Chinese societies (Hong Kong, urban China and Taiwan). We use data from the 2011 wave of the Hong Kong Panel Study of Social Dynamics (N = 1,658), the 2010 China Family Panel Studies in mainland China (N = 3,198) and the 2010 wave of the Taiwan Social Change Survey (N = 790). The ordinary least squares regression shows that, as the family value of society moves forward on a traditional–modern continuum, the elderly benefit more psychologically from social participation and less from living with children. The older people in Hong Kong who live independently with a spouse are in a significantly better emotional state than those living with adult children. Social participation is positively associated with subjective wellbeing among the aged in Hong Kong but not among those in urban China and Taiwan. The findings suggest that encouraging social involvement is important for effective public policy to tackle rapid population ageing in Chinese societies.


2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S673-S673
Author(s):  
Radion Svynarenko

Abstract Studies have shown that Americans do not save enough for retirement because they prioritize providing support of their young-adult children over saving for retirement. Attitudes toward parental support has been largely overlooked in existing literature. Using a factorial vignette experimental design and a sample of 500 Americans of age 40 and older, this study investigated how manipulation of contextual factors changed endorsement of parental support. This study found that endorsement of parental support varied depending on the goal of support, whether it was to purchase a car, pay for school tuition, or to pay for down payment for a house. Thus, 67% of respondents endorsed parental financial assistance with purchasing a car, 44% endorsed down payment for a house, and only 38% endorsed paying for college tuition, reflecting overall social importance of these three elements in becoming an adult person. Gender of the child did not affect endorsement of parental financial support to adult children, indicating that there were no gender specific social expectations of who should receive more support from parents, daughters or sons. The major motives of parental support included (a) desire to be a “good parent” and to take responsibility for the child, (b) expectation that children would eventually pay back their parents, and (c) desire to make sacrifice for own children. Parental support may provide numerous benefits to both children and their parents; however, it is important to educate parents on ways to support their children without threatening their own financial needs in retirement.


2016 ◽  
Vol 38 (17) ◽  
pp. 2449-2473 ◽  
Author(s):  
Anne West ◽  
Jane Lewis ◽  
Jonathan Roberts ◽  
Philip Noden

In the United Kingdom and the United States, significant numbers of university graduates live with their parents, but little is known about expectations regarding parental support. This article focuses on a sample of British middle-class families and their coresident young adult children. It explores the extent to which parents and their graduate children have consistent expectations regarding coresidence and financial support and how such support is negotiated. Fifty-four in-depth interviews with parents and adult children were conducted. The findings reveal that expectations regarding coresidence were broadly consistent across parents and graduate children. Furthermore, within families, there was broad consistency regarding expectations of financial support, although there was variation between families. The nature and ways in which financial arrangements were negotiated varied between families, between parents, and between children. Expectations appear to be shaped by the child’s circumstances and norms, with negotiations of different types enabling a way forward to be agreed.


Author(s):  
Meimei Wang ◽  
Yongchun Yang ◽  
Mengqin Liu ◽  
Huailiang Yu

Family composition impacts individual consumption habits, which may potentially transform urban integral space structure. Due to the reform in the housing system at the end of the 1990s and increases in residents’ income, houses became more affordable, and intergenerational household cohabitation is no longer the primary pattern. Nonetheless, as families change, it still remains an important form of family composition. Intergenerational support is important in household habitation. This study examines the temporal changes and the structure of intergenerational household cohabitation. Moreover, intergenerational factors in groups of all genders and ages are analyzed. We found that intergenerational household cohabitation in Chengdu comprises three structures: elders living with married children, elders living with unmarried children, and elders living with grandchildren. According to multiple logistic regression, we can see that inadequate housing, economy of costs, cases of emergency, fear of loneliness, care of grandchildren, and poor health have marked effects on household cohabitation, and the positive or negative effects are distinct regarding different structures. To be more specific, the significance of financial support in family composition decreases, and that of support in daily care increases with age. The influence of financial support, daily care support, and emotional support peaks among those aged between 35–60, followed by individuals under 35, and those aged over 60. Financial support is comparatively important for individuals under 35, and females attach more importance to emotional support in intergenerational household cohabitation. The findings provide a basis for subsequent studies of family composition.


2021 ◽  
Vol 41 (13/14) ◽  
pp. 67-80
Author(s):  
Qi Wang

PurposeAlthough the Chinese nation is undergoing rapid modernisation and urbanisation, there remains widespread interest in some traditional familial arrangements and practices, particularly in the intergenerational context. This paper discusses the family relations of urban middle-aged citizens in present-day China.Design/methodology/approachThis study employed the grounded theory method to investigate family relations among middle-aged citizens in urban China based on data obtained via semi-structured interviews with 34 participants. A grounded theory coding strategy was used for data analysis.FindingsThe analysis revealed evidence of a transformation towards downward solidarity, with decreasing intergenerational co-residency; that is, the traditional norm of adult children providing support to their older parents is rapidly losing popularity. However, middle-aged and older citizens continue to support their adult children by helping them purchase real estate and assisting with childcare activities.Practical implicationsThe findings suggest the existence of intergenerational inequality. Policymakers should acknowledge this phenomenon and provide the younger generation with enough support to improve the wellbeing of the country's middle-aged and older population.Originality/valueThe transformation towards downward solidarity implies a new intergenerational relationship in contemporary China, in which many young people rely on financial and functional support from their older parents. Meanwhile, traditional norms continue to exist despite greater downward solidarity among the younger generation. In other words, old and new norms simultaneously exist.


2019 ◽  
Vol 5 (2) ◽  
pp. 241-259 ◽  
Author(s):  
Tom Emery ◽  
Pearl A. Dykstra ◽  
Maja Djundeva

Individuals in China are much more likely than Europeans to live with their adult children during later life. In this paper, we examine the extent to which this holds true across the diverse contexts and circumstances faced by Europeans and Chinese. We use comparative data from the Survey for Health, Ageing and Retirement in Europe and the China Family Panel Studies to examine cross-national differences in whom adults in later life choose to live with. We find that in rural China and among urban migrants there is a tendency to live with higher-educated children, whilst among urban Chinese and Europeans, individuals live with those with lower education levels. We also find that in Europe there is only a small preference for living with male adult children, whilst across China this preference is much stronger. However, we also note that this preference is weakest in urban China. These findings indicate strong differences in co-residence patterns between China and Europe, but also some similarities between specific subpopulations. We explain these differences and similarities using a social policy framework.


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