Variable

(1) A houses

(2) Multiple houses

LnHP

0.050***

(3.67)

0.148***

(2.98)

LnIncome

0.494***

(20.36)

0.431***

(4.74)

FS

0.040

(2.27)

0.158***

(3.02)

Age

0.000**

(0.07)

0.003

(0.44)

Gender

0.098***

(3.36)

0.072

(0.90)

Edu

0.000

(0.12)

−0.006

(−0.73)

Marriage

−0.069

(−0.61)

−0.101

(−0.40)

Work

0.042

(1.42)

−0.068

(−0.46)

Health

−0.084**

(−2.35)

0.139

(1.14)

Constant

4.153***

(14.52)

3.634***

(3.36)

Observations

8448

1737

R2

0.294

0.286