Speaker
Description
Linking affordable housing with urban redevelopment has emerged as an approach to promoting housing affordability in cities facing fiscal constraints. Drawing on the case of China, the research explores why and how local authorities use innovative strategies to secure affordable housing through urban village redevelopment. By conceptualizing the implementation of innovative instruments as a process of gradual institutional change in property rights regimes, the research has three key findings. First, struggles to balance political tasks of affordable housing provision and land constraints drove local authorities to experiments innovative strategies. Second, the innovative strategies reallocated a bundle of property rights among local governments, urban villagers and developers in urban village redevelopment. Third, the distributional effects of the strategies hinder the institutionalization potential. The research contributes to deepening the understanding of institutional change and highlights the distributional implications of property rights regimes. Besides, it offers insights into local governments’ agency in urban governance.
| Keywords | Institutional change; Property right; Affordable housing; Urban redevelopment |
|---|---|
| Best Congress Paper Award | No |
