China's Housing Reform and Outcomes
A significant issue of China’s housing boom is a considerable increase in housing prices which poses enormous challenges at both central and local government levels. The book covers the housing situation in China and the direction it appears to be headed. Included are predictions based upon current housing trends and the likely impact to China’s housing sector in coming years.
The chapters present the proceedings of a May 2009 conference cosponsored by the Lincoln Institute and the Peking University–Lincoln Institute Center for Urban Development and Land Policy. Scholars who specialize in China’s housing market shared valuable information and insights about housing policies and practices in China with government officials, academic researchers, faculty and students.
urses, p olicemen, a nd l ow-level c ivil s ervants. However, t his policy wa s found to b e too a mbitious a nd u nrealistic. First, it wa s difficult to define “middle- to low-income” households. In some cities, as long as the purchasers were not obviously rich, t hey would be qualified to buy. In other cities, there were strong official objections to the affordable housing idea, because it reduces municipal income from land and other sources. Very few affordable housing developments were built
to shopping and availability of public transportation and other public infrastructure were also taken into account. A building factor adjustment considered such features as the age of the structure (buildings more than 30 years old, for example, were discounted by 30 percent), building materials, elevators, and height. Unit cha racteristics i ncluded which floor t he apartment was on (favoring 74 Jo hn R . Lo gan, Y iping F a ng, and Z h anxin Z h ang the highest floors in buildings with
expansion, land prices are not likely to come down for a long time. In the short term, releasing more land into the urban market is likely to result in more hoarding in expectation of future shortages than in real land price reductions. Toward a Shift in National Land Policy Given this rather alarming scenario, the inevitable two-part recommendation from our analysis is a radical one: 1. Land conversion quotas should be eliminated, and there should be no restriction on the conversion of
nd I nternational A ffairs at Princeton University in the fall o f 2 007, w hich f ocused o n h ousing a nd u rban de velopment i n C hina. The group is indebted to M r. Wang Peng, the director of the Zhengzhou Urban Planning Bureau, for hosting us in Zhengzhou; to Roger Ye Jun, the head of the Planning De partment a t t he b ureau, w ho g reatly fac ilitated o ur fieldwork i n Z hengzhou; and to Lucy Gitlin, who assisted us in the fieldwork. REFERENCES Angel, Shlomo, Stephen C. Sheppard, and
an important role in providing shelter for the people who are constrained institutionally and financially from having access to other types of urban housing. Recognizing the contribution of the urban villages, the comprehensive plan for Shenzhen 2020 has set forth the redevelopment of villages within cities as one of its major goals and has called for different redevelopment strategies for various types of villages. For those villages with extremely dilapidated structures and public safety