Researches On The System Of Public Rental Housing In Hangzhou

During the process of housing reform system, housing problem of urban residents has undergone a great improvement, as well as the per capita housing area since the reform and opening. However, more and more speculations appear in the real estate market after entering the 21st century, along with the great property change of commercial houses characterizing from living to assets, thus leading to the irrational growth of house price and the desperation of low-income groups who want to buy houses. What is worse, those people who mainly consist of new employees, migrant workers, entrepreneurs and the people who are not yet take turns to buy comfortable housing are what we call " Sandwich layer " . The purpose of public rental housing is to guarantee the groups of "Sandwich layer" to have residence houses and make supplement to the shortages of former housing system. Hangzhou, one of the most developed cities in China, also hosts enormous people of "Sandwich layer ". Since 2005, Hangzhou government has started to explore the related system. For instance, in 2010, the public rental housing system included the apartments of both talented university students and migrant workers; in January 2011, the first public rental houses had been rent publicly; in July, the related management method and detailed rules had also been releasing.Since the implementation of public rental housing system in Hangzhou for a short time, there is no public rental housing for the study of Hangzhou. In the past, other similar areas or the area of public rental housing system in China is also mainly stay in the study to a macro perspective on the implementation of public rental housing policy on the status of qualitative analysis. More experts focus on the interpretation of public rental housing policy. Yet there are some vacancies in the area of public rental housing long-term system of research, government and corporate power mechanism, multi-level security model of multi-type, feedback mechanisms, exit policies, and follow-up study of welfare policy. Through the collection of information online and the feedback of the actual tenants of public rental housing ,this paper studies the related issues of public rental housing system in Hangzhou, and puts forward a complete response. The results will have a practical significance to the whole system of public rental housing in Hangzhou and even in Zhejiang Province.This paper firstly discusses the purpose of this topic, the status and related theories at home and abroad, and describes the research methodology and framework. Secondly, the Hangzhou public rental housing policies are analyzed, as well as the system. Beside the role of public rental housing in Hangzhou are described based on the theory and data .Thirdly, public rental housing system problems are described and analyzed the causes, according to the actual running of the investigation and data. This paper argues that the main problems of Hangzhou public rental housing. The policy position is unclear. Government and real estate enterprises lack of motivation to build public rental housing. The coverage of groups should be expanded. Tenant satisfaction is not high, and exit mechanisms are inadequate. And this paper put forward the main cause of these problems. The strategic policy of Hangzhou Municipal Government for housing is not high. Project investment and financing channels are inadequate. The payback period is too long so as the higher risk. The profit margins of participation corporate are too small. More over, rental housing at the present is less available. We are lack of feedback mechanisms and investigation. Multi-type and multi-level housing security model has not been perfect. There are still problems in facilities and public rental housing site as well as the legal support and follow-up home security system.Last not the least, according to the actual problems of public rental housing in Hangzhou, this paper puts forward ideas for reform and a more detailed description of the reform program. Here are some advices. The government should establish the system of public rental housing both in the long-term and in the short-term. Access line by calculating the income determines the access standards of public rental housing system and redesigns queuing system in the long-term. Feedback mechanism needs to be established combined with the needs of the cycle survey mechanism. The current systems of low-rent housing and public rental housing have been combined to design a multi-type, multi-level security model of public rental housing. This paper also focuses on the motive of the government and business mechanism, and makes exploration of the government and enterprises in the construction of public rental housing on the model of cooperation. At the same time, this paper also focuses on the research and design of exiting mechanism, putting forward a reform proposal. Government should publish relevant laws as soon as possible to further improve the relevant punishment mechanism. Based on multi-type, multi-level security model, we can design the new exit mechanism and security system of public rental housing, thus meet Sandwich layer's need.