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首页> 外文期刊>Review of Income and Wealth >WEALTH EFFECTS, LOCAL AREA ATTRIBUTES, AND ECONOMIC PROSPECTS: ON THE RELATIONSHIP BETWEEN HOUSE PRICES AND MENTAL WELLBEING
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WEALTH EFFECTS, LOCAL AREA ATTRIBUTES, AND ECONOMIC PROSPECTS: ON THE RELATIONSHIP BETWEEN HOUSE PRICES AND MENTAL WELLBEING

机译：财富效应，地方属性和经济前景：关于房屋价格与心理健康的关系

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This research exploits large variations in local house prices to investigate whether house prices correlate with mental wellbeing, and uses contrasting implications for the effect of house prices on the mental wellbeing of homeowners and renters to shed light on why this correlation might arise. I document a positive correlation between house prices and the mental wellbeing of both homeowners and non-homeowners, which is inconsistent with a pure wealth effect. Instead this finding suggests that local house prices provide a reflection of available amenities and economic opportunities in the area.
机译：这项研究利用当地房价的巨大差异来调查房价是否与心理健康相关，并使用对房价对房主和房客的心理健康影响的相反含义来阐明这种相关性可能产生的原因。我记录了房价与房主和非房主的心理健康之间的正相关性，这与纯财富效应是矛盾的。相反，这一发现表明，当地房价反映了该地区现有的便利设施和经济机会。

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