Plausibly Exogenous [1593] - Housing Demand (06/13/2024)

LHS Variable
Household savings rate

RHS Variable
Housing demand

Source of Exogenous Variation
Chinese government abolished the employer-based public housing system in 1998, which created an exogenous variation in housing demand among urban households.

- Chen, Yang, and Zhong (2020), “Housing demand and household saving rates in china: Evidence from a housing reform”