Presenter Information

Huazhi Zhang

Document Type

Oral Presentation

Location

SURC Ballroom B/C/D

Start Date

21-5-2015

End Date

21-5-2015

Keywords

Affordable Housing Supply, Home Wwnership, Indemnificatory Housing

Abstract

Liuzhou is known throughout China, even the world, as a livable industrial city. An adequate supply of quality housing for all citizens is the most essential factor in livability. This is especially true in China where home ownership has been a prerequisite for happiness since ancient times. Because basic housing, as a necessity of life, is now guaranteed by the state, the government must supervise and adjust the housing market. At the same time, experience has shown that adequate housing for different income categories cannot be provided by the government alone. This analysis examines the policies and strategies adopted by Liuzhou over the past 10 years to maintain the city’s livability in the face of a population explosion caused by urbanization. For instance, the municipal government has been implementing urban redevelopment and construction of new districts to ensure the supply of construction land. Careful monitoring and adjustment of financial and tax policies have successfully regulated the real estate market to keep basic housing prices affordable and prices at all levels reasonable. The effectiveness of these polices for different income strata is explored in depth, as is the city’s construction of indemnificatory low-income housing for the citizens of Liuzhou.

Poster Number

64

Faculty Mentor(s)

Rex Wirth

Department/Program

Public Administration

Additional Mentoring Department

Political Science

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May 21st, 11:30 AM May 21st, 2:00 PM

Liuzhou’s Housing Supply: Affordable Quality Housing for Everyone

SURC Ballroom B/C/D

Liuzhou is known throughout China, even the world, as a livable industrial city. An adequate supply of quality housing for all citizens is the most essential factor in livability. This is especially true in China where home ownership has been a prerequisite for happiness since ancient times. Because basic housing, as a necessity of life, is now guaranteed by the state, the government must supervise and adjust the housing market. At the same time, experience has shown that adequate housing for different income categories cannot be provided by the government alone. This analysis examines the policies and strategies adopted by Liuzhou over the past 10 years to maintain the city’s livability in the face of a population explosion caused by urbanization. For instance, the municipal government has been implementing urban redevelopment and construction of new districts to ensure the supply of construction land. Careful monitoring and adjustment of financial and tax policies have successfully regulated the real estate market to keep basic housing prices affordable and prices at all levels reasonable. The effectiveness of these polices for different income strata is explored in depth, as is the city’s construction of indemnificatory low-income housing for the citizens of Liuzhou.