Spatial interactions between rents of private rental houseing and site selection of micro-regeneration in urbanising villages in Shenzhen
Urbanising village is a typical type of living spaces in large cities in China.As demoliton-rebuilt model of urban regeneration being increasingly criticized,comprehensive improvement is gaining more attention.Under the policy direction of the central government to actively develop rental housing market and increasing rental housing supply,with Shenzhen city as a typical example,micro-regeneration has become the main mode of comprehensive improvement of urbanising villages.In Shenzhen,the micro-regeneration of urbanising villages refers to the comprehensive improvement of urbanising villages,led by specialized housing institutions,to transform villagers'private rental houses into long-term rental apartments,and then centralize these houses to let.Against this context,a rental market pattern in urbanising villages where private rental houses and long-term apartments coexist and interact with each other gradually formed.However,the effects of comprehensive improvement have not been examined yet.Taking Shenzhen as a case study,this paper explores spatial interactions between rents of private rental housing and site selection of micro-regeneration through spatial simultaneous equations.Results show that:(1)Villages that have undergone micro-regeneration,will raise rents up of private rental houses in the same village and therefore produce a certain degree of gentrification effect.Positive externalities caused by improvements of the living environment,or decreased numbers of private rental houses in the local rental housing market which leads to an increase in private rental housing in urbanising villages.(2)When other conditions are controled,micro-regeneration usually occurs in villages with higher average rents,because vigorous demands of rental housing exist in these villages and enterprises could obtain more rent premiums.What's more,increased rent accounts for a lower proportion of the original rent,making it easier for tenants to accept rent increase.(3)The micro-regeneration has a spatial spillover effect,which drives itself to occur in neighboring villages through rent dynamics,and promotes spread of gentrification effect in neighboring villages.Therefore,in large cities where there is a shortage of healthy affordable housing,it is recommended that local governments scientifically plan the site selection of micro-regeneration in urbanising villages,guide them to transform into rental housing of different types and price gradients,establish rental supervision mechanisms,actively intervene in the current market-oriented behavior,and more steadily promote the micro-regeneration of urban villages.
urbanising villagesite selection of micro-regenerationrentsShenzhen
万方数据
维普
