Guangzhou Urban Renewal Program Offers Shanty Town Dwellers New ‘House Tickets’

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An urban village in Guangzhou on Feb. 15, 2024.

Guangzhou’s Huangpu district is trying to renovate shanty town areas by offering the people living there settlement vouchers known as “house tickets” which can be used to obtain new homes from a list of 17 commercial housing projects.

The size of the house ticket is based on the value of the villager’s old home and the policy aims to provide flexible housing options for those for those asked to move to make way for urban renewal.

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Guangzhou’s Huangpu district is renovating shanty towns by offering settlement vouchers called "house tickets" for new homes from 17 projects, based on the old home’s value.
Financial challenges in the property sector since 2021 disrupted compensation payments, causing concerns for displaced villagers.
Measures like special loans and house tickets are addressing compensation delays, but the vouchers often don’t match the market price for comparable housing, leading to smaller replacement homes.

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What Happened When

June 2020：: Guangzhou’s Huangpu district announced plans to demolish 66 old villages within three years.

By mid-2021：: Huangpu district achieved a 77% demolition rate, significantly ahead of schedule.

Since 2021：: The financial struggles of the property sector disrupted compensation payments, raising concerns among villagers about their future housing options.

July 2023：: China’s cabinet passed guidelines for the renovation of urban villages, pledging policy support for these projects while encouraging participation by private capital.