Author ｜ 周超臣
Head Image ｜ IC photo
Feng Lun said in an online live broadcast two days ago that the “urban renewal” was time, “The average life span of our domestic buildings in the past was about 30 years, that is to say, the houses built in the late 1980s and early 1990s are Facing an update. “
Under the background of “no housing, no speculation”, “urban renewal” is becoming a new outlet, such as shopping malls for office buildings and hotels for office buildings.
Although “Urban Renewal” has been discussed in the past few years, even books or research reports in this area have emerged. But the density of news or discussions about urban renewal in the past few months has been particularly high.
According to Xinhua News Agency It is reported that the Central Economic Work Conference, which ended on December 12, 2019, clearly pointed out: “We must increase housing security for the urban poor, strengthen urban renewal and upgrading of existing housing, and do well in the transformation of old urban communities , Vigorously develop rental housing. We must insist on the positioning of the house for living, not for speculation , fully implement the long-term management and control mechanism of city-based policies, stable land prices, stable housing prices, and stable expectations To promote the stable and healthy development of the real estate market. “
After 4 months. On April 14, the State Council convened an executive meeting to determine to increase the transformation of old residential areas in cities and towns to promote people’s livelihood and expand domestic demand. The meeting pointed out that to promote the transformation of old urban communities is an important measure to improve the living conditions of residents and expand domestic demand. This year there are plans to renovate 39,000 old urban communities, involving nearly 7 million residents, a doubling of last year. The focus is on residential areas built before the end of 2000.
The meeting emphasized that all localities should take overall responsibility and, in accordance with the wishes of residents, focus on the transformation and improvement of community facilities and municipal infrastructure, and improve the level of public services such as community pension, childcare, and medical care. Establish a mechanism for the government, residents, and social forces to share reform funds in a reasonable manner. The central government grants subsidies and local government special debts are inclined to encourage social capital to participate in transformation operations.
In two important meetings, the scale of the old reforms doubled from last year after the epidemic. It can be seen that the government still hopes to use this to expand domestic demand and stimulate economic recovery.
This also means that the policy direction of this round of urban renewal is clearly blowing from “big demolition and large construction” to “organic renewal”, which also means that residents of old communities want to rely on “demolition” to get rich or one The desire to swap a few sets may be lost. Of course, in a big city like Beishangguang, this dream can still be done.
But from the national level and in the long-term sense, this round of urban renewal revolves around solving the “contradiction between the people’s increasing needs for a better life and unbalanced and inadequate development.”
The 19th National Congress of the Communist Party of China clarified the construction of an innovative country in China. The report of the 19th National Congress of the Communist Party of China pointed out that the implementation of the innovation-driven development strategy requires constantly enriching the connotation of urban renewal, injecting new impetus into the sustainable development of Chinese cities and industries, and modernizing construction The strategic objectives of the economic system provide strategic support.
As China ’s urban construction and development moves from extensive incremental development to stock development, it will become increasingly difficult for developers to acquire land, so how to realize intrinsic value without changing the existing pattern of the city The maximization of urban renewal, especially organic renewal, will become one of the important directions and opportunities for real estate developers to transform.
According to preliminary statistics from relevant departments, there are nearly 160,000 old communities in the country, involving more than 42 million residents, with a construction area of about 4 billion square meters. The main push.
On April 23, Zhang Lei, the founder and CEO of Gao Leng Capital, said at the online conference of the Shell 2020 New Residence Conference today: “Today China is already the world ’s largest real estate stock market, and the market structure has also shifted from stock market to Both the first-hand housing and second-hand housing markets are developing together. At present, the market value of the Chinese residential real estate market is nearly 300 trillion yuan, which is about twice that of the United States. However, from the perspective of stocks, the annual turnover rate is only aboutThe 2% of the year is significantly lower than the level of the European and American markets, which means huge opportunities for the transaction of stock housing and the update of market demand. “
According to the “China Times” report, according to incomplete statistics, more than half of branded housing companies including Evergrande, Country Garden, Vanke, Poly, China Resources, and Pioneer have participated in the urban renewal tide.
Shanghai Jinhe Commercial Management Co., Ltd. (603682.SH) even grabbed the title of “Urban Update First Stock”. It was officially listed on the Shanghai Stock Exchange on April 21, and the stock price closed at 11.39 on the first day of listing. Yuan, an increase of up to 43.99%. (However, at the close on the 23rd, its share price fell 2.71% to close at 12.91 yuan.)
In fact, the concept of urban renewal can be traced back to Europe after World War II. It has undergone urban reconstruction (Urban Renewal), urban redevelopment (Urban Redevelopment), urban revitalization (Urban Revitalization), urban renewal (Urban Renaissance) and urban renewal (Urban Regeneration). , The connotations behind the nouns are also different. (Refer to “Urban Renewal System Construction: A Comparison of Guangzhou, Shenzhen, and Shanghai”, Tsinghua University Press, Tang Yan, Yang Dong, Congratulations, 2019)
Western city renewal development process, screenshots from: city renewal system construction: comparison of Guangzhou, Shenzhen, Shanghai
In general, urban renewal in Western countries has gone through four stages: rebuilding, community renewal, old city development and organic renewal. China has basically come over in this way, but it can also be simplified into two stages: large-scale demolition and large-scale construction and organic renewal.
But China started relatively late compared to developed countries such as Europe, the United States and Japan. The past 30 years, just like our economy, has evolved from the pursuit of speed and quantity to the pursuit of quality. This means that our existing urban construction and management system also needs to be “organically updated”. Currently,The leading cities in this aspect of exploration are mainly Shanghai, Guangzhou and Shenzhen.
Especially Shanghai, where everything is first tried, is also farther than other cities in terms of urban renewal.
At the China Urban Renewal (Yangtze River Delta) Summit held in Shanghai on November 2 last year, Huang Yun District Party Secretary Gao Yun said that Shanghai has entered the stage of in-depth exploration of urban renewal, whether it is the Bund Historical and Cultural Preservation Zone The style protection and reconstruction of the 100-year-old buildings such as the entire block and the old city government building in Shanghai are also urban renewal projects such as the renovation and renovation of old and old lanes in Chengxingli and the old area of Qiaojia Road. Make more explorations in the aspects of industry introduction, function enhancement, legal protection, etc. “
In short, whether it is ordinary people or real estate developers, it is always right to read “Newscast” and learn more about some national policies.