Jiangbin Yin

Conflicts of Interest The authors declare no conflicts of interest. Supporting Information Filename Description psp70041-sup-0001-Appendix.docx28.8 KB Appendix. References 2016. “On Well-Being and Public Policy: Are We Capable of Questioning the Hegemony of Happiness?.” Social Indicators Research 127: 123–138. 2009. The American Dream or the American Delusion?: The Private and External Benefits of Homeownership. Wharton School, University of Pennsylvania. CAUPD. 2023.

1. Introduction Improving quality of life and pursuing satisfaction have become the primary goals of human social progress. Research on life satisfaction has long been a hot topic in the fields of urban and geography [1,2]. Life satisfaction, as a key indicator of an individual’s quality of life, is defined as an individual’s holistic evaluation of the state of life based on his or her own criteria [3].

1. Introduction China’s “14th Five-Year Plan” places a strong emphasis on achieving socialist modernization by 2035 and raising per capita GDP to the level of moderately developed countries. However, the global pandemic has resulted in a notable decline in China’s economic growth, with the GDP growth rate dropping from 6.1% in 2019 to 3% in 20221. This trend is accompanied by a decline in the employment rate.