Research on Construction Land Supply for Mutual-Property Rights Housing

Yingchao Lin, Zhili Ma () and Weiyan Hu
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Yingchao Lin: Chongqing University
Zhili Ma: Chongqing University
Weiyan Hu: Huazhong Agricultural University

A chapter in Proceedings of the 24th International Symposium on Advancement of Construction Management and Real Estate, 2021, pp 527-540 from Springer

Abstract: Abstract To ensure people’s housing rights and promote sustainable urbanization, governments have begun to favour the mode of mutual-property rights housing. Based on the spatial imbalance between the supply and demand in China’s real estate market, this paper proposes the cross-regional transactions of land vouchers as a source of land supply for mutual-property rights housing. The system was designed with Chongqing as the supplier and Shanghai as the demander. The results show that the cross-regional transactions of land vouchers can alleviate the problems of insufficient land quotas and promote the effective land supply for mutual-property rights housing in demanders; meanwhile, it can increase the value of suppliers’ land vouchers and accelerate the process of urbanization. In implementing this system, it is necessary to strengthen suppliers’ supervision of the land vouchers’ transaction mechanism and to improve the urban planning of demanders.

Keywords: Land supply; Land voucher transaction; Mutual-property rights housing; Sustainable urbanization (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-8892-1_37

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DOI: 10.1007/978-981-15-8892-1_37

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