Houses that are more than 20 years old may be demolished again
Everyone has dreamed of getting rich overnight, but there seems to be no easy way to achieve that dream other than hoping to win the lottery or tear down a house. Buying a lottery ticket may seem simple and easy, but the chances of winning the lottery are like looking for a needle in a haystack, almost zero. In contrast, demolishing a house seems like a more realistic path. As urbanization continues to accelerate, more and more homes are being demolished, which means that more and more people have the opportunity to achieve their dream of becoming rich overnight.
In an extraordinary case of demolition of an urban village in Shenzhen, more than 1,000 households became multimillionaires, more than a dozen of which became billionaires. Just imagine, a fortune of 100 million is equivalent to winning 10 million lottery jackpots every day, ten times in a row. What's more, these demolition households have been realized"Get rich overnight"The huge fortune changed the trajectory of their lives and made them join the ranks of the rich from then on. Therefore, many people are looking forward to the good news of the demolition and making it a reality"Financial freedom"You don't even need to work for a long time, you only need to pay rent and interest every month, and you can live a prosperous life.
As a result, it is widely believed that the homeless are a lucky group because they have gained great wealth through demolition and no longer seem to have to struggle for a living. However, this is not the case. Studies have shown that the happiness index of evicted households is often much lower than that of non-relocated households, especially in third- and fourth-tier cities.
Why is this happening? The reason is actually quite simple. For many people, suddenly gaining a large fortune can make them feel uncomfortable or even disoriented. Some people, after receiving the demolition money, may choose to quit their jobs and indulge in eating, drinking and having fun all day long; Some people may gradually lose themselves under the ** wealth, develop bad living habits, and eventually harm others and their families.
It should be noted, however, that this is not a matter of demolition itself, but of individual choices and mentality. The demolition only gives them the opportunity to gain wealth, but how to use it is entirely up to them. Therefore, we must realize that wealth is not the only measure of happiness, and that true happiness lies in inner peace and contentment.
In fact, evictions do not always bring wealth. Demolition and relocation can be divided into two main categories: urban village demolition and slum demolition.
Demolition and relocation of urban villages usually involves large tracts of land and homesteads, so the amount of compensation is often high. Many cases of enrichment as a result of demolition stem from such demolitions. However, another type of demolition – slum demolition – is mainly aimed at old houses in the city. Most of these houses are commercial houses, most of them are frame structures, and each house occupies a relatively small area. As a result, the amount of compensation in the event of demolition is usually limited. In most cases, demolition will only compensate for a resettlement house, renovation costs, and some resettlement costs. If monetary compensation is chosen, the amount of income is often only enough to buy a commercial house of the same size in the vicinity, and sometimes the owner himself has to pay an additional share of the cost.
Therefore, not everyone is willing to participate in the demolition. Old town owners in many cities have reservations about demolition because they may feel that the amount of compensation is not enough to meet their needs.
In recent years, we have continued to carry out demolition operations, demolishing most of the slums and old houses that have quality problems. Today, many of the old neighborhoods, although slightly dilapidated, do not have substantial quality problems. If these old communities are also demolished, it will cause a huge waste of social resources. At the same time, the monetization and resettlement policy of slum upgrading has led to a large amount of capital pouring into the real estate market, further raising housing prices, especially in third- and fourth-tier cities, where slum upgrading projects account for a large proportion, and housing prices are particularly affected by slum upgrading and demolition. Since the implementation of the slum upgrading monetization resettlement policy in 2015, housing prices in these cities have been substantial**. Therefore, in order to regulate housing prices and avoid waste of social resources, the state has gradually reduced slum renovation and demolition projects since 2019. According to statistics, the total number of shantytown reform projects started in 2018 was 6.26 million units, which dropped to 3.16 million units in 2019, 2.09 million units in 2020, and 1.34 million units in 2022.
Obviously, with the advancement of urban renewal, large-scale shantytown renovation and demolition have gradually disappeared from people's field of vision, while the renovation of old residential areas has become prominent. This change marks a new chapter in the real estate market in third- and fourth-tier cities. After losing the impetus for slum upgrading, the trend of housing prices has weakened, and the downward trend is obvious. However, the promotion of the renovation of old communities is quietly changing the pattern of the property market.
However, the demolition did not completely withdraw from the stage of history. For older houses with safety hazards, it is still necessary to protect the safety of residents by demolishing or remodeling. These old houses in the process of urbanization are not only a testimony of history, but also a major challenge of urban renewal. To meet this challenge, a future development strategy for homes that are more than 20 years old has been developed.
1.On the one hand, real estate developers will actively participate in the demolition and relocation of old houses with superior geographical locations but serious aging, and plan to build modern commercial houses. This measure not only solves the problem of aging old houses, but also promotes urban renewal and development. For homeowners, compensation for demolition is an important opportunity to realize their housing dreams. However, as the number of eligible older homes decreases, the problem of insufficient funding for demolition subsidies is becoming more prominent, which also means that older homes that are more than 20 years old will become once again"Sought-after items"。
2.On the other hand, the focus will be on the old houses with relatively young age and good building bodies, focusing on the renovation of the old city, comprehensively improving the public facilities, green environment, parking spaces, etc. in the community, so as to create a more livable environment for residents. Although the owner will not be able to receive compensation for the demolition, the quality of life and living experience will be greatly improved. This strategy aims to preserve the historical memory of the city while improving the quality of life of its inhabitants and gradually achieving urban renewal.
In fact, the core goal of both the old city upgrading policy and the slum upgrading policy is to improve the living environment of residents. Over the years, significant progress has been made in the demolition of slums, and most of the houses demolished have been renovated. However, if large-scale demolition continues, it will not only push up housing prices, but also cause a huge waste of social resources. It is important to note that although the slum upgrading policy has ended, this does not mean that the demolition and relocation work will stop completely. In the future, in order to meet the needs of urban development, it is still possible to demolish some old houses.