Siheyuan starts from a better life

Chapter 946 Commercial Housing

In 78, reform and opening up ushered in the prelude to the commercialization of housing. The superiors raised the issue of housing reform and the important speech "Can there be a wider approach to solving the housing problem?" was conveyed at the Urban Housing Construction Conference held in September of the same year, and was first implemented in relatively developed cities.

In 79, the Chinese Enterprise Company of Shanghai launched 20 houses, all of which were sold to overseas Chinese families. In 1980, foreign exchange apartments and houses began to appear. On February 1980, 2, the Shanghai Municipal Committee held a city-wide housing construction work meeting, pointing out that the commercial attributes of houses with general building standards, which were sold to employees of the unit at market prices or at preferential prices, began to penetrate into ordinary houses.

In 1979, my country's earliest commercial housing estate, "Donghu New Village", was established in Guangzhou, which was jointly built by the Guangzhou Dongshan District Foreign Investment Command and Hong Kong businessmen.

The following year, the country proposed to take the road of housing commercialization. It pointed out: "Individual urban residents can buy houses or build them themselves. Not only new houses can be sold, but old houses can also be sold. They can pay in one lump sum or in installments over 10 or 15 years. After the house is sold, the rent may have to be adjusted. The rent should be adjusted in conjunction with the house price. Let people consider buying a house as cost-effective." "If the rent is too low, people will not buy houses." "In the future, when the rent increases, subsidies should be given to low-wage employees." The proposal of housing commercialization pointed out the direction for the subsequent reform of my country's urban housing system.

Although the Magic City was one of the first cities to start commercial housing, the capital required to build commercial housing is relatively huge, so there are very few companies that can participate. Even those that can build are basically large state-owned enterprises, which only circulate internally and can only take out a limited number of houses. Therefore, commercial housing is still a legend to a certain extent.

However, since there is a policy from above, purchasing it is not a problem. The problem now is that there is no money.

"Mr. Xu, as you know, the current financial pressure is quite high. We do not have enough budget to purchase so many houses. Even if we do, it is not realistic to suddenly take out such a large sum of money. How do you think we should deal with this?" After a long silence, a leader could only pass the problem to Xu Damao.

As for them, Jiang Yan had made arrangements after he went to Jiaobenji. Hearing the relevant leaders say this, Xu Damao smiled slightly, and then said: "Our General Manager Jiang, I believe everyone is familiar with him. When he came, our General Manager Jiang also knew our difficulties. He personally likes some old buildings. Our government has a lot of old houses. He meant that we can use these old houses for replacement."

"Then how do we replace it?" someone asked impatiently.

The government does have quite a few old houses in its hands. Most of these buildings were collected from some people during the liberation. Many of these houses have developed various problems after decades of living in them. The annual maintenance funds are quite a large sum. If they could be replaced, more than this amount of money could be saved.

"We still need to discuss the details. Our General Manager Jiang means that the government will not suffer any losses, but he still has requirements for the location of the replacement." Xu Damao then pointed out several locations, which were the locations of the old villa protection areas in later generations.

The old houses in Shanghai are generally open on four or three sides, exquisitely decorated, equipped with living rooms, dining rooms, several sets of bathrooms, and other well-structured independent or duplex, villa-style or apartment-style residences.

Each old house represents a long-standing legend. From the perspective of art and architecture, these buildings have unique aesthetic value and historical significance. They are not only the representative of Shanghai culture, but also the symbol of Shanghai's identity. The rarity and uniqueness of old houses make them the dream residence of many people, and also the object of investment and collection.

The history of Shanghai's old houses can be traced back to the 20s to 40s, when Shanghai's real estate industry was booming. These buildings were built by foreign architects and builders and are collectively called houses. The design and decoration of Shanghai's old houses reflect a combination of Chinese and Western styles, and a blend of ancient and modern styles. They incorporate both Western architectural elements and traditional Chinese elements, showing a unique artistic charm.

For example, Zhang Zhenhou’s home is located at No. 1 Fudefang. It was built in 1930 in a neoclassical style with intricate facade patterns and exquisite decorations, showing the meaning of a traditional mansion.

In addition, the geographical location of Shanghai's old houses is excellent, and many of them are located in the core areas of the city, such as JA District. The old houses in these areas not only have extremely high residential value, but are also the focus of investors and collectors. With the development of the city and the continuous expansion of real estate development, the scarcity of old houses has become more and more significant, and their long-term value has room to continue to grow.

To sum up, the old houses in Shanghai are not only a witness to Shanghai’s history and culture, but also a symbol of wealth and status. Their existence enriches Shanghai’s urban landscape and adds endless historical charm and artistic value to the city.

"Well, Mr. Xu, we generally have no problem with the land you purchased. As for the replacement, we need to discuss it further and then give you a satisfactory answer."

"However, please see if the money for purchasing the land can be paid in foreign exchange. You also understand that we are currently short of foreign exchange."

"No problem." Xu Damao agreed without even thinking about it. Seeing Xu Damao agree so readily, the people participating in the meeting were delighted.

During the meeting, the superiors had instructed that Jiang Yan's company should try its best to use foreign exchange to purchase land, because they knew that Jiang Yan's company had the right to use a large part of foreign exchange, so they brought it up in this way, otherwise it would be useless.

Originally, Xu Damao proposed that all houses in the Xinjianli community except for his own should be handed over to the government. It seemed like such a big pie had fallen into the hands of the government and then he proposed to purchase the land with foreign exchange, which was a bit of an advantage. However, this was also an unexpected situation.

In order to complete the task, they still brought it up reluctantly. They had thought that this would cause dissatisfaction among Xu Damao and others. Various plans had been prepared before the meeting, and several plans on how to explain it had also been prepared. However, seeing that others did not take this matter seriously at all, it was like a punch on cotton.

Actually! Xu Damao didn't care about the foreign exchange used to buy the land. His foreign trade company had a lot of foreign exchange, especially after hearing that the boss had exchanged US dollars for Japanese yen, he had made a lot of money just from the exchange. This little money was just a drop in the bucket, otherwise he wouldn't have agreed so readily.

(End of this chapter)