Previous research had debates on the relationship between high housing price and entrepreneurship. Based on CHIP data set in 2002 and 2008, this paper studies the effects of high housing price on entrepreneurial behaviors in urban China. Empirical results show that high housing prices increase the probability to run businesses for urban residents. High housing price reduces the probability of the groups who have houses and no mortgages. Whats more, high housing prices stimulate more selfemployed businesses rather than bosstype entrepreneurship. Thus, the incentive effects of high house price cant be overestimated. More other institutional factors should be taken into consideration.

以往有关高房价与创业的研究存在一定争议，本文基于2002年和2008年中国家庭收入调查（CHIP）分析了高房价对城镇居民创业行为的影响。实证结果表明，在其他条件不变的情况下，高房价能够提高中国城镇居民的创业概率，负担房贷会降低城镇居民创业的可能性，高房价刺激的多为自雇型创业，对老板型创业的促进作用不明显。由于促进的大多是自雇型创业，所以不能高估高房价对创业活动的激励作用，在未来鼓励大众创业的过程中应该着重考虑其他制度性因素。