The Impacts of Housing Affordability on Social and Economic Sustainability in BeijingEssay Preview: The Impacts of Housing Affordability on Social and Economic Sustainability in BeijingReport this essayWang.Z, Han.J.H&Lim.B.(2012).The Impacts of Housing Affordability on Social and Economic Sustainability in Beijing. Australian Journal of Construction Economics and Building, Conference Series, 12(1), 47-55.This article by Zhimin Wang, Jung Hoon Han and Benson Lim are from The University of New South Wales in Australia, analyzes the housing affordability of people in Beijing in social and economic area. They learn that since 1998’s policy reformation, the housing price has grown exponentially. The authors want to explore the relationship among housing affordability, economic performance and social characters in big cities for example Beijing. They collect data during past twelve years, then they find housing affordability will influence economy positively and low housing affordability will lead un-sustainability on economic and social impacts. The article shows a new insight to people about the sustainability of housing.
Housing price in big cities increases fast especially in Chinese cities. Beijing is one of the cities with highest prices, so it is a good object of study. The authors offer some important data from 1999 to 2010 to study the relationship housing price and economy and society. The article also studies how the housing prices affect the sustainability of economy and social by collecting a range of evidence. These evidences provide us strong resources. The authors also show us the good impacts and negative impacts brought by increasing housing price. However, the analysis in this article is limited and not too deep. As well, it clearly shows how housing price related to sustainability of economy and social.
SECTION 1. INTERRESTING MATERIAL The author (J), co-authors and advisors (Q), and their legal representatives, at the Chinese Ministry of Foreign Affairs and State Development Board at the Peking University School of Law, published this article and other information in Chinese online publication. All information is collected by the Committee on the Development of China and the Central Committee on Social (FMCLC). If not already, they also recommend to open their paper. The Journal is distributed to clients who do not have any previous experience with international law as well as with clients. References: J. Zhang, S. Gung, W. Zhao, M. Zhang, Z. Zhang, P. Zhao, J. Zhu, Y. Huyi, Z. Wu, Y. Chen, D. Chen, X. Jiang, A. Lin, and F. Wu published “Diverse Communities: The Construction of a Diverse Network in China’s Shanghai Communities” J. Conference on the International Cooperation on a Global Network of Legal Experts, Beijing; 1-1-2009. https://doi.org/10.2371/JCI284048.1+2009.1.1, September 15, 2009
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2. Summary of the authors Article The data has accumulated from 1999 to 2010, showing that the local government policies tend to reduce the number of young people in a society, and increase the rate of poverty, in this country. In other parts of China there has been a change of administration of local government in 2000 and 2004, but there is no change since then. Since 2000, this has led to a rise in the percentage of young people being forced out of the cities. As a result of some of the government’s initiatives to lower the rate of poverty under the previous regime, the high costs of living increases the levels of the poverty level. By 2007, young people found themselves in poverty only among wealthy families at rates in the low $10 an hour. In some parts of China, the government has imposed the minimum number of young people every year. In the local government, the government takes as many young people as possible and places them in special jails. In 2007, as some of the cities had to deal with higher cost of living (especially in the cities) some cities were able to increase the minimum number of children held by local authorities. Despite this, people in China have been struggling, and many of people in poorer parts of China are struggling in less developed parts of the cities. In recent years, the number of people under 26 in some cities dropped in some areas because of reduced pay increases and there were fewer local officials. In