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BIZCHINA / Review & Analysis
Location of low-rent houses should avoid social problems
(China Daily)
Updated: 2007-09-03 09:51
The location of low-rent houses should be selected carefully to avoid
social problems in the future, says an article in China Youth Daily. The
following is an excerpt:
During the national working conference on urban housing held two weeks
ago, the authorities decided to take multiple measures to improve the
low-rent housing system to cover more low-income families in cities.
There are specific stipulations about the construction of low-rent houses
- their size, numbers, and the source of funding.
With all these stipulations in place, we may see the rapid development of
low-rent houses. However, one aspect has been missed in the stipulations
- location. This must be selected carefully as it will play a vital role
in the long-term development of a city.
Land in downtown areas of cities command high prices, if low-cost housing
is to be built on such land, they will bring their value down, affecting
a local government's coffers.
So most local governments will choose a location away from the city
centre, where land is less expensive.
But such a location may give rise to a host of problems. Transportation
may not be convenient, the infrastructure may be less developed and
public facilities may be difficult to attain. Families living in such
locations could face such problems and at a financial cost.
(For more biz stories, please visit Industry Updates)
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