Abstract

In parts of the “historic village renovation”, “urban village renovation”, “combining the countries and matching nature villages”, “new rural construction”, “improving the living conditions of villagers”, by the way of “land - renting instead of expropriating”, the development of “limited property rights houses” in China has existed for a long time, and it has shown a trend of difficult to contain. The article analyzes the status of “limited property rights houses”, reveals its drawbacks, explores the reasons for its existence and finally proposes countermeasures.

Highlights

  • Song and Di (2010) proposed the improvement of the dual land systems that allow the trades of collective land use rights and improve the relevant security system so that solve the social problems which bring from the “limited property rights houses” fundamentally

  • Investigate more than 400 sale of real estate in Beijing, the analysis showed that the “limited property rights houses” is accounted for the total of twenty percent or so (Li, X., 2009, pp.125-126)

  • (1) Damage to the interests of famers of land supply side: A large number of land revenue which generated from the development process of the illegal and disorder construction of “limited property rights houses” are intercepted by the village officials and developers, so that large number of farmers become unpaid suppliers in the land market transactions who lost the right in land use forever, named landless farmers

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Summary

The status of “limited property rights houses”

According to statistics from 2009 China Urban Development Summit Forum and Urban Blue Book, as of the first half of 2007, there are 33 billion square meters rural housing construction area in the whole country, of which are 6.6 billion square meters “limited property rights houses” construction area that are account for 20%, equivalent to total amount of investment for nearly a decade of China Real Estate development (Qiao, Y., & Wu, J., 2010, pp.140143). Investigate more than 400 sale of real estate in Beijing, the analysis showed that the “limited property rights houses” is accounted for the total of twenty percent or so (Li, X., 2009, pp.125126). In Tianjin, according to relevant statistics, the sales of “limited property rights houses” in suburban areas have accounted for 20% of the market (Xie, Z., & Ma, Z., 2010, pp.). In Beijing, the prices of “limited property rights houses” are between 2 500 yuan to 4 000 yuan per square meter, even as low as 1 000 yuan per square meter, which is account for 25% to 30% real estate prices in Fourth Ring (Cheng, H., 2009, pp.). There are two: First, it is constructed in the collective construction land, including village homestead, the stock of homestead, land in collective enterprises and land saved through land consolidation; second, it is constructed in the land of collective enterprises and farmland

The drawbacks of “limited property rights houses”
Disrupt the order of the real estate market
Threat the land security
Inadequate system of land ownership in rural areas
Uncoordinated system of rural land management
Unreasonable system of rural land expropriation
Dual market in urban and rural land
Rural land gray market
Insufficient supply of the real estate market
Allow trading of agricultural land directly into the market
Reform the mode of land supply
Linked to increase or decrease in land remediation
Classification of existing “limited property rights houses”
Establishment of multi-housing security system
Findings
Conclusion

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