Download presentation
Presentation is loading. Please wait.
Published byTorhild Engebretsen Modified over 6 years ago
1
Affordable Housing Policy in China: Problems and Prospects
Tashi Nyima The Evolution Institute
2
Outline The Chinese Story of Housing Some Facts & Figures
Present Housing Challenges Urban Affordable Housing Government Response Conclusion: What is the way forward for China?
3
The Chinese Story: From State to Market
Housing in Different Periods and Policy Phases: Pre-1950 China: Traditional private ownership Post-1950 China: Collectivization a) Pre-reform ( ): Work-units b) Post-reform ( ): Expansion of Private Ownership and Market c) Post-reform (1998-) Abolishment of employment-based housing system
4
Some facts & figures Urbanization rate in China - 58%, US (82%), and Norway (80.99%) in 2017 Floating population million migrants Urban per capita income RMB in 2017 An average floor area of 29 m² per capita 110 m² per household Affordability: Price-to-income ratio (5.6) Residual income method?
5
China’s housing bubble
6
Housing price in China’s metropolises
7
Government attempt to cool down housing price
8
Housing investment
9
Affordable housing target
The 12th Five Year Plan: 36 million homes during 10 million homes in 2011 10 million homes in 2012 16 million homes from This target was divided and allocated to municipal governments.
10
The problem of housing vacancy Source: China Uncensored
11
Ordor: The largest ghost city in China
12
Housing for the urban poor
Household registration (戶籍): The official urban residents (circa 700 million) with urban household registration The unofficial urban residents (287 million) without urban household registration Expensive and inaccessble housing market Housing ownership as social status
13
Container homes in Shanghai Source: Collective Responsibility
14
Container homes in Qingdao Source: Affordable Housing Institute
15
Bunker homes in Beijing Source: DailyStar
16
Migrant homes in Beijing Photographed by Dr. Yulin Chen
17
Government Response 19th Party Congress in 2017: ’’Houses are for living in, not for speculation.’’ Housing seen as an issue of social stability Multiple actors and channels of housing 2 million units of public rental housing Low-rent housing system Acceleration of rental housing construction Shared property right (ownership)
18
Conclusion: What is the way forward?
From rhetoric to reality … No shortage of houses but shortage of affordable houses Must strive for an inclusive and diverse urbanization model Should inject real and significant investment into housing ownership rather than building only rental based affordable homes.
19
Thank you! 谢谢!
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.