Study On The Post-management Of Public Rental Housing From The Perspective Of Property Right Theory

Since the national reform of the urban housing system in 1994,China has basically formed a multi-level,fully covered housing security system with public rental housing as its core after development and diversified exploration and practice of more than 20 years.During the “Twelfth Five-Year Plan” period,local governments had vigorously promoted the construction of public rental housing and gradually put it in use from 2013.With the increase of households in public rental housing,the post-management of public rental housing has become a new focus and difficulty in housing security.As public rental housing is a purely leased housing that does not sell property rights and has a strong social welfare nature,it has higher transaction costs and management costs such as auditing,supervision and law enforcement in its later management.Meanwhile,public rental housing residents have higher expectations of property purchase,but the actual property rights are limited.The uncertainty of the relationship between the two property rights have also caused lots of trouble in the management of public rental housing,making the actual management more difficult.Therefore,it is of great urgency and practical significance to study how to optimize measures taken in the post-management of public rental housing from the perspective of property right theory.In the light of the above problems,the author takes the Qingshan Lake District of Nanchang City as an example in this study with the employment of three research methods including literature research,field research and questionnaire survey.Drawing on the property rights theory,this study conducts a comprehensive research among all the involved agents in the post-management of the Qingshan Lake District public rental housing community from the perspective of property rights definition and transaction cost respectively.Many problems have been found.Firstly,in terms of the government,the efficiency of administrative examination and approval is relatively low and the implementation of supervision in the later period is relatively weak as well.Secondly,as for the residents,they are highly dependent on the government's welfare,but their own investment in public development is limited.Last but not least,the operation of property management company is disappointing as its service fails to satisfy the government and residents.Therefore,the author analyzes the reasons of each subject from two aspects: clear property rights relationship and lower transaction costs.First,the government has too many rights as property owners,and the execution cost is too high.Second,residents' property purchases are expected to be strong,but The hidden cost of living is higher;the third is that the property rights of the property operation units are vague,and the phenomenon of rent value dissipation is obvious.Finally,the author puts forward the countermeasures to optimize the management of public rental housing from these two aspects.The first is to provide legal protection through the special legislation of public rental housing to clarify the property rights relationship;the second is to improve the access and exit system and reduce the cost of system management;the third is to promote property rights reform and guide residents to actively improve living conditions;the fourth is to develop tenants to build a mechanism,Improve the supervision channels for property management units;Fifth,optimize the rent subsidy method,reduce the rental value dissipation in public rental housing management,and improve the quality of property services.