An optimization-based framework for housing subsidy policy in China: Theory and practice of housing vouchers. (May 2020)

• Record Type: Journal Article
• Authors: Wu, Yuzhe; Luo, Jiaojiao; Peng, Yi
• Is Part Of: Land use policy. Volume 94(2020)
• Publication Date: 2020-05
• Subjects: Housing vouchers -- Indemnificatory housing -- Housing subsidy -- Capitation grant -- China; Land use -- Periodicals; Land use -- Government policy -- Periodicals; Sol, Utilisation du -- Périodiques; Sol, Utilisation du -- Politique gouvernementale -- Périodiques; Electronic journals; 333.7305
• DOI: 10.1016/j.landusepol.2020.104526
• Languages: English
• ISSNs: 0264-8377

Abstract

Highlights: This paper reviews the history of indemnificatory housing development and explores its effectiveness. An optimization-based framework for housing subsidy system that focusing on housing voucher is designed. We provide an effective alternative housing subsidy policy which can facilitate the settling down of migrants in cities. Capitation grant, occasion for implementation and cost estimation are important elements in housing subsidy system. Abstract: Rapid urbanization has transformed cities by improving the quality and quantity of production factors, such as population, land, and capital gain optimization. However, housing problems of the floating population (liudong renkou) have seriously increased during the urbanization process. This study reviews the history of indemnificatory housing development in China and explore its effectiveness in the context of sustainable urbanization. Difficulties in the housing subsidy policy are identified, and an optimization-based framework for housing subsidy system that focusing on housing voucher is designed with the consideration of capitation grant, occasion for implementation, cost estimation, implementation procedure, and supplementary policy. The appropriateness of the housing voucher policy was tested on Zhejiang Province, and expert interview was conducted to evaluate the proposed housing subsidy system. This study provides an effective alternative housing subsidy policy which can facilitate the settling down of floating population in cities and also contribute to sustainable urbanization.