After more than a decade of rapid development, the city is changing with each passing day, the scale of buildings continues to expand, and housing prices have soared, resulting in frequent demolitions in the city. There are two main types of demolitions: one is the demolition of urban villages, which allows some people to quickly become rich or even billionaires; The second is the renovation and demolition of shantytowns, mainly for the renovation of old houses and shantytowns with poor living environment. Shed renovation and demolition is not only an important livelihood project, but also the key to improving the quality of life of residents.
Since its launch in 2005, it has been 15 years since the shed was renovated and demolished. During this period, most of the old communities with serious quality problems or poor living conditions across the country have completed the demolition work. According to statistics, from 2016 to 2022, the number of shantytown renovation projects started across the country was 6.06 million units, 6.09 million units, 6.26 million units, 3.16 million units, 2.09 million units, 1.65 million units and 1.34 million units, respectively. This set of data clearly shows that the number of starts in various shantytowns across the country in 2022 will show a significant downward trend compared with previous years, only 1.34 million units.
In recent years, as the focus of urban development has gradually shifted to more refined transformation and upgrading, the influence of shed renovation and demolition is quietly weakening. This change is not only an update of the concept of urban development, but also an important adjustment of the property market regulation strategy. So, what kind of property market logic is hidden behind this change? Why such a dramatic change?
As an important livelihood project, the shed renovation and demolition project has had a profound impact on the property market. Through large-scale demolition and reconstruction, it has silently promoted the housing prices of small and medium-sized cities behind the scenes. However, with the transformation of urban development, the shantytown reform policy is also gradually adjusted, from demolition to transformation, and the property market is facing new challenges and opportunities.
Looking back on history, the role of shed renovation and demolition projects in promoting the property market mainly stems from the "destocking" strategy of the property market in 2015. At that time, the inventory of the property market soared, the financial pressure of real estate enterprises doubled, and the economic development was seriously restricted. In order to effectively alleviate the dilemma of high inventory in the property market, the state has adopted a strategy of encouraging house purchases and restricting the entry of new housing into the market. In this context, the monetization and resettlement policy of shantytown reform came into being, which has become a powerful assistant in the regulation and control of the property market.
However, the monetization and resettlement policy of shantytown reform has also brought about a certain amount of policy change, which has changed the original compensation method based on resettlement housing into monetary compensation, so that the demolition households have cash in hand and have poured into the commercial housing market. A large amount of capital has poured into the property market, especially in small and medium-sized cities with dense shantytown reform projects, which has undoubtedly exacerbated the momentum of housing prices in these cities. It can be said that the monetization and resettlement policy of shantytown reform is one of the key factors driving the soaring housing prices in these cities.
Nowadays, with the transformation of urban development, the shantytown reform policy is also gradually adjusted. The focus of urban development has shifted to more refined renovation and upgrading, and the renovation of old residential areas and shantytowns has become a new focus. Large-scale demolition and reconstruction is no longer a priority. Behind this transformation, it reflects the change of urban development concept and the adjustment of the property market regulation strategy.
With the passage of time, the shed renovation and demolition gradually faded out of people's field of vision, and the renovation project of the old community began to emerge. This indicates that the property market in third- and fourth-tier cities is losing important support. In recent years, housing prices in these cities have shown signs of weakness, and the trend has become increasingly obvious, showing that the impact of the renovation of old residential areas on housing prices is becoming more and more important.
Despite this, the demolition did not disappear completely. Many older houses are a safety hazard, and for these houses, demolition or reconstruction is still the best solution.
With the acceleration of urbanization, the old houses in the city are gradually attracting attention. These old houses not only carry historical memories, but also face serious aging problems. To address this challenge, the following strategies are proposed for future houses that are more than 20 years old:
1. For the old houses with serious aging but superior geographical location, we will actively introduce real estate developers to carry out demolition and build modern commercial housing. This will not only solve the problem of aging, but also promote urban renewal and development. Owners also have the opportunity to receive compensation for demolition and relocation to realize their dream of housing. But as there are fewer eligible homes, demolition compensation will be more precious.
2. For the old houses with a relatively young age and intact building body, the old city will be renovated. **A large amount of money will be invested to comprehensively upgrade and renovate the public facilities, green environment and parking spaces of the community to inject new vitality into the community. Although the owners will not be able to receive compensation for the demolition, the living environment and quality of life will be significantly improved.
*Refined coping strategies have been developed for old houses that are more than 20 years old. For seriously aging residences, ** choose demolition and reconstruction to inject new vitality into urban renewal; For houses that are younger and still valuable, the old city is renovated to improve the living environment and experience of residents. These measures will inject impetus into the city's prosperity and improve the quality of living for citizens.
Gu Shiyun: "The moon bends and shines on Kyushu, and a few families are happy and a few are sad." "The renovation project of the old community is a portrayal of mixed joy and sorrow. For residents who love old houses, the renovation of old houses may bring new hope and joy; But for investors who are looking forward to making a profit from demolition, the old reform is like a dream. They have rushed to buy old houses that are old and of poor quality, hoping for huge profits from demolition. However, after the implementation of the old reform policy, the old house lost the opportunity to be demolished and returned to normal. Investors have no choice but to face losses and leave this stage where they once pinned their hopes.