Mingzhi Hu

Mingzhi Hu is an associate professor at the School of Management, Chinese Academy of Housing and Real Estate, Zhejiang University of Technology (Hangzhou, China), and a contract associate research fellow at the Center for Housing and Urban-Rural Development, Shanghai Jiao Tong University (Shanghai, China). His research focus is entrepreneurship, labor market, and urban and housing–related studies. He is particularly interested in examining and evaluating entrepreneurship, housing inequality, homeownership, housing prices, and housing unaffordability. He has published more than 30 academic articles in reputed journals such as Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Housing Economics, Journal of Real Estate Research, Small Business Economics, Technological Forecasting and Social Change, and Journal of Happiness Studies. He currently serves as the editor-in-chief of Journal of Regional Economics, and an editorial board member of SN Business & Economics.

EDUCATION

o   2015.09-2018.07, Ph.D. in Real Estate Economics, Shanghai University of Finance and Economics, China 

o   2016.10-2017.08, Joint-Ph.D. in Real Estate Finances and Economics, Florida International University, U.S.A 

EMPLOYMENT AND VISITING

o   2023.08-Now, Visiting Academic in the School of Business, University of Queensland, Australia.

o   2021.07-Now, Associate Professor in the School of Management, Chinese Academy of Housing and Real Estate, Zhejiang University of Technology, China

o   2021.01-Now, Contract Associate Research Fellow at the Center for Housing and Urban-Rural Development, Shanghai Jiao Tong University, China

o   2018.07-2021.06, Lecturer in School of Economics, Jinan University, China

RESEARCH AREAS OF INTEREST

o   Homeownership

o   Housing Market

o   Entrepreneurship

o   Urban Development

ARTICLES PUBLISHED – TOP REAL ESTATE JOURNALS

1.     Chen, J., Hu, M., & Lin, Z. (2023). China’s Housing Reform and Labor Market Participation. Journal of Real Estate Finance and Economics (ABDC “A” ranked Journal). Forthcoming. https://doi.org/10.1007/s11146-021-09827-3

2.     Hu, M., Lin, Z., & Liu, Y. (2023). Housing Disparity between Homeowners and Renters: Evidence from China. Journal of Real Estate Finance and Economics (ABDC “A” ranked Journal). Forthcoming. https://doi.org/10.1007/s11146-022-09932-x

3.     Hu, M., Lin, Z., & Liu, Y. (2023). Amenities, Housing Affordability, and Education Elites. Journal of Real Estate Finance and Economics (ABDC “A” ranked Journal), 66(1), 141–168. https://doi.org/10.1007/s11146-022-09896-y

4.     Hu, M., Lin, Z., & Liu, Y. (2023). Are Homeowners More Likely to Donate? Journal of Real Estate Research (ABDC “B” ranked Journal). Forthcoming. https://doi.org/10.1080/08965803.2023.2168364

5.     Hardin, W. G., Hu, M., & Lin, Z. (2022). Culture, Wealth, Gender, Real Estate, and Consumption in China: It’s a Boy. Journal of Real Estate Research (ABDC “B” ranked Journal). Forthcoming. https://doi.org/10.1080/08965803.2022.2045053

6.     Chen, J., Hardin, W., & Hu, M. (2020). Housing, Wealth, Income and Consumption: China and Homeownership Heterogeneity. Real Estate Economics (ABDC “A” ranked Journal), 48(2), 373–405. https://doi.org/10.1111/1540-6229.12245

7.     Chen, J., Hu, M., & Lin, Z. (2019). Does Housing Unaffordability Crowd Out Elites in Chinese Superstar Cities? Journal of Housing Economics (ABDC “A” ranked Journal), 45, 101571. https://doi.org/10.1016/j.jhe.2018.03.003

ARTICLES PUBLISHED – OTHER REAL ESTATE STUDIES

1.     Hu, M., Su, Y., & Yu, X. (2023). Homeownership and Fertility Intentions among Migrant Population in Urban China. Housing Studies (ABDC “A” ranked Journal). Forthcoming. https://doi.org/10.1080/02673037.2022.2108382

2.     Hu, M., Wu, L., Xiang, G., & Zhong, S. (2023). Housing Prices and the Probability of Marriage among the Young: Evidence from Land Reform in China. International Journal of Emerging Markets (ABDC “B” ranked Journal). Forthcoming. https://doi.org/10.1108/IJOEM-09-2020-1116

3.     Su, Y., Hu, M., & Yu, X. (2023). Moving up the Social Ladder: Homeownership and Expected Socioeconomic Status among Migrant Young Adults in China. International Journal of Housing Policy (ABDC “B” ranked Journal). Forthcoming. https://doi.org/10.1080/19491247.2023.2178819

4.     Yu, X., Hu, D., & Hu, M. (2023). Rental Housing Types and Subjective Wellbeing: Evidence from Chinese Superstar Cities. Journal of Housing and the Built Environment, 38(2), 1023–1046. https://doi.org/10.1007/s10901-022-09982-w

5.     Hu, M., Zhang, X., & Zheng, X. (2023). The Paradox of Housing Demolition and Life Satisfaction: Evidence from Urban China. Journal of Housing and the Built Environment, 38(1), 607–627. https://doi.org/10.1007/s10901-022-09960-2

6.     Fan, J., Liu, D., Hu, M., & Zang, Y. (2023). How Do Housing Prices Affect Innovation and Entrepreneurship? Evidence from China. PLOS ONE, 18(7), e0288199. https://doi.org/10.1371/journal.pone.0288199

7.     Wang, Z., Hu, M., Zhang, Y., & Chen, Z. (2022). Housing Security and Settlement Intentions of Migrants in Urban China. International Journal of Environmental Research and Public Health, 19(16), 9780. https://doi.org/10.3390/ijerph19169780

8.     Hu, M., Su, Y., & Yu, X. (2022). Housing Difficulties, Health Status and Life Satisfaction. Frontiers in Psychology, 13, 1–14. https://doi.org/10.3389/fpsyg.2022.1024875

9.     Hu, M., & Li, X. (2022). The Reasons that Younger Homeowners Are Less Likely to Become Entrepreneurs: The Role of Capital Constraints. Journal of Regional Economics, 1(1), 68–82. https://doi.org/10.58567/jre01010005

10.  Hu, M., & Ye, W. (2020). Home Ownership and Subjective Wellbeing: A Perspective from Ownership Heterogeneity. Journal of Happiness Studies, 21(3), 1059–1079. https://doi.org/10.1007/s10902-019-00120-y

11.  Hu, M., Yang, Y., & Yu, X. (2020). Living Better and Feeling Happier: An Investigation into the Association between Housing Quality and Happiness. Growth and Change (ABDC “B” ranked Journal), 51(3), 1224–1238. https://doi.org/10.1111/grow.12392

12.  Hu, M., & Wang, X. (2020). Homeownership and Household Formation: No Homeownership, No Marriage? Journal of Housing and the Built Environment, 35(3), 763–781. https://doi.org/10.1007/s10901-019-09724-5

13.  Zheng, X., Peng, W., & Hu, M. (2020). Airport Noise and House Prices: A Quasi-experimental Design Study. Land Use Policy (ABDC “A” ranked Journal), 90, 104287. https://doi.org/10.1016/j.landusepol.2019.104287

14.  Hu, M., Su, Y., & Ye, W. (2019). Promoting or Inhibiting: The Role of Housing Price in Entrepreneurship. Technological Forecasting and Social Change (ABDC “A” ranked Journal), 148, 119732. https://doi.org/10.1016/j.techfore.2019.119732

ARTICLES PUBLISHED – MIANSTRAIN FINANCE/ECONOMICS JOURNALS

1.     Hu, M., Su, Z., & Ye, W. (2023). The Future-Time Reference of Home Country Language and Immigrant Self-Employment: An Imprinting Perspective. Small Business Economics (ABDC “A” ranked Journal), 60, 521–535. https://doi.org/10.1007/s11187-022-00601-0

2.     Wang, Z., Hu, M., & Chen, J. (2023). Land Redevelopment and Migrant Inflows in Chinese Cities. Applied Economics (ABDC “A” ranked Journal), 55(33), 3833–3849. https://doi.org/10.1080/00036846.2022.2118225

3.     Hu, M., Su, Y., & Zhang, H. (2021). Migrant Entrepreneurship: The Family as Emotional Support, Social Capital and Human Capital. Emerging Markets Finance and Trade (ABDC “B” ranked Journal), 57(12), 3367–3386. https://doi.org/10.1080/1540496X.2019.1693364

4.     Chen, J., & Hu, M. (2019). What Types of Homeowners Are More Likely to Be Entrepreneurs? The Evidence from China. Small Business Economics (ABDC “A” ranked Journal), 52(3), 633–649. https://doi.org/10.1007/s11187-017-9976-1

5.     Liu, J., Hu, M., Zhang, H., & Carrick, J. (2019). Corruption and Entrepreneurship in Emerging Markets. Emerging Markets Finance and Trade (ABDC “B” ranked Journal), 55(5), 1051–1068. https://doi.org/10.1080/1540496X.2018.1531242

ARTICLES PUBLISHED – OTHER STUDIES

1.     Ren, J., Xu, Z., & Hu, M. (2023). Digital Economy and Settlement Intention of Migrants in Urban China. Telecommunications Policy, 102666. https://doi.org/10.1016/j.telpol.2023.102666

2.     Su, Y., Hu, M., & Yu, X. (2023). Does the Development of Smart Cities Help Protect the Environment? Journal of Environmental Planning and Management (ABDC “B” ranked Journal), 66(3), 572–589. https://doi.org/10.1080/09640568.2021.1999220

3.     Su, Y., Hu, M., & Wu, Y. (2023). Rural Land Transfer and Urban Settlement Intentions of Rural Migrants: Evidence from a Rural Land System Reform in China. International Journal of Environmental Research and Public Health, 20(4), 2817. https://doi.org/10.3390/ijerph20042817

4.     Hu, M., & Sun, Z. (2022). Too Educated to be Married? An Investigation into the Relationship between Education and Marriage in China. Journal of Family Studies. Forthcoming. https://doi.org/10.1080/13229400.2021.1927152

5.     Chen, Z., Hu, M., & Qiu, Z. (2022). Promotion Pressures of Local Leaders and Real Estate Investments: China and Leader Heterogeneity. Journal of Risk and Financial Management (ABDC “B” ranked Journal), 15(8), 341. https://doi.org/10.3390/jrfm15080341

6.     Hu, M., Xiang, G., & Zhong, S. (2021). The Burden of Social Connectedness: Do Escalating Gift Expenditures Make You Happy? Journal of Happiness Studies, 22(8), 3479–3497. https://doi.org/10.1007/s10902-020-00341-6

7.     Chen, J., & Hu, M. (2021). City-Level Hukou-Based Labor Market Discrimination and Migrant Entrepreneurship in China. Technological and Economic Development of Economy, 27(5), 1095–1118. https://doi.org/10.3846/tede.2021.15006

8.     Barnett, W. A., Hu, M., & Wang, X. (2019). Does the Utilization of Information Communication Technology Promote Entrepreneurship: Evidence from Rural China. Technological Forecasting and Social Change (ABDC “A” ranked Journal), 141, 12–21. https://doi.org/10.1016/j.techfore.2019.01.007

SELECTED WORKING PAPERS

1.     Hu, M., Lin, Z., & Liu, Y. Working Experience, Financial Literacy and Mortgage Stress. 2ed Round Major Revision at Journal of Banking & Finance (ABDC “A*” ranked Journal).

2.     Tang, J., Ye, W., Hu, M., & Khan, S. The Gendered Effect of Populism on Innovation. 1st Round Major Revision at Journal of Business Venturing (ABDC “A*” ranked Journal).

3.     Hu, M., & Chen, J. Transferability of hometown landholdings and rural migrants’ entrepreneurship: Evidence from a pilot rural land use reform in China. 2ed Round Minor Revision at International Journal of Urban Sciences.

4.     Hu, M., & Zhang, Y. Housing Demolition and Labor Force Participation: A Gender Difference Perspective. 1st Round Major Revision at Asia and the Pacific Policy Studies.

CONFERENCE PAPERS

1.     “Do Homeowners Have Longer Commutes?”, presented at AsRES-GCREC Conference 2023, hosted by The Chinese University of Hong Kong, China in July 2023.

2.     “Working to Maintain Homeownership: Housing Debt and Labor Force Participation”, presented at 2023 CES Annual Conference, hosted by Zhongnan University of Economics and Law, China in June 2023.

3.     “Institutional Fragility, Informal Institution and Entrepreneurial Activities: Evidence from China”, presented at RSA China Division in November 2022 and Camphor Economic Circle English Forum in November 2022.

4.     “Homeownership Heterogeneity, Housing Wealth and Participation in Community Governance”, presented at AAPA Conference in December 2022.

5.     “Moving up the Social Ladder: Homeownership and Expected Socioeconomic Status among Migrant Young Adults in China”, presented at APNHR annual meeting, hosted by Shanghai Jiao Tong University, China in July 2022.

6.     “Do Homeowners Have a Longer Commute?”, presented at Online Symposium on Homeownership Financialization and Real Estate Market, hosted by Chinese University of Hong Kong, China in June 2021.

7.     “It’s a Boy! Wealth and Consumption in China”, presented at GCREC annual meeting, Shanghai, China in July 2019.

8.      “Housing Disparity between Homeowners and Renters: Evidence from China”, presented at APRERS annual meeting, Guangzhou, China in May 2019, and ARES annual meeting, Phoenix, Arizona in April 2019.

9.      “Hukou-based Labor Market Discrimination and Migrant Entrepreneurship”, presented at RUSE annual meeting, Shanghai, China in May 2019.

10.   “Homeownership and Household Formation: No House, No Marriage?”, presented at GCREC annual meeting, Qingdao, China in July 2018.

11.   “Amenities, Housing Affordability and Higher-educated People”, presented at APRERS annual meeting, Da Lian, China in August 2018.

12.    “Housing Reform in China and Labor Market Participation”, presented at APRERS annual meeting, Hong Kong, China in August 2017.

13.  “The Heterogeneity of Homeownership Impacts on Entrepreneurship: The Evidence from China’s Urban Household Survey (UHS) Data”, presented at ARES annual meeting, San Diego, California

HONORS AND AWARDS

o   2022, Best Paper Award in the 15th Chinese Real Estate Academic Seminar

o   2021, Best Paper Award in the 14th Chinese Real Estate Academic Seminar

o   2019, Best Paper Award in the 13th Chinese Real Estate Academic Seminar

o   2018, Best Paper Award in the 10th Global Chinese Real Estate Congress Annual Conference

o   2015, Best Paper Award in the 9th Chinese Real Estate Academic Seminar

GRANTS

o   National Natural Science Foundation of China, 72104088, “Residence Status, Social Integration and Happiness of Floating Population”, 300,000 CNY, 2022.01-2024.12.

o   The 2022 Preliminary Project of Zhejiang Development and Reform Commission, “Research on Promoting the Sustainable and Healthy Development of Venture Capital in Zhejiang Province”, 100,000 CNY, 2022.04-2022.09.

o   Natural Science Foundation of Guangdong Province, 2020A1515010359, “Housing Choice and Social Integration of Migrant Population”, 100,000 CNY, 2019.10-2022.09.

o   Graduate Innovation Project of Shanghai University of Finance and Economics, 2016110892, “The Heterogeneity of Homeownership Impacts on Entrepreneurship”, 10,000 CNY, 2016.07-2018.07.

TEACHING 

o   Zhejiang University of Technology, Hangzhou, China: 2021.07-Now

Microeconomics (Overseas)

Frontiers in Real Estate Investment and Research

Real Estate Finance

o   Jinan University, Guangzhou, China: 2018.07-2021.06

Macroeconomics (Overseas)

Asset Appraisal

Investment

Financial Management

Econometrics

PROFESSIONAL SERVICES

o   Editor-in-Chief

Journal of Regional Economics (2022-present)

o   Guest Editor

Journal of Risk and Financial Management (Special Issue: Research on Housing Market Dynamics and Mortgage Markets).

o   Membership

Secretary of CREs30 (2021-present)

Membership of Youth Committee of Urban Sustainable Construction and Management, China Society of Urban Economy (2022-present)

o   Journal Referees

Journal of Real Estate Research (18 papers)

Growth and Change (10 papers)

Emerging Markets Finance and Trade (10 papers)

Housing Studies (6 papers)

PLOS ONE (6 papers)

Journal of Happiness Studies (5 papers)

Journal of Real Estate Portfolio Management (4 papers)

Applied Economics (5 papers)

Small Business Economics (2 papers)

Technological Forecasting & Social Change (2 papers)

International Journal of Emerging Markets (3 papers)

Technological and Economic Development of Economy (2 papers)

Environmental Science and Pollution Research (3 papers)

Journal of Business Venturing (2 papers)

International Journal of Finance and Economics (1 paper)

Review of Development Economics (1 paper)

Economic Modeling (1 paper)

Urban studies (1 paper)

Cities (2 papers)

Housing Policy Debate (1 paper)

Journal of Housing and the Built Environment (2 papers)

Buildings (1 paper)

Heliyon (1 paper)

Journal of Environmental Planning and Management (1 paper)

China: An International Journal (1 paper)

Cogent Economics and Finance (2 papers)

International Development Planning Review (1 paper)

International Regional Science Review (1 paper)

Quality & Quantity (1 paper)

International Review of Economics and Finance (1 paper)

Bulletin of Economic Research (1 paper)

Journal of Risk and Financial Management (1 paper)

Frontiers in Public Health (1 paper)

Frontiers in Psychology (2 papers)

Journal of the Asia Pacific Economy (2 papers)

Urban Science (1 paper)

Pacific Economic Review (1 paper)

China Economic Review (4 papers)

Technology Analysis & Strategic Management (1 paper)

International Review of Financial Analysis (1 paper)

Journal of Regional Science (1 paper)

Managerial and Decision Economics (1 paper)

Educational Review (1 paper)

Housing, Theory and Society (1 paper)

Journal of Asian Public Policy (1 paper)