Property Management in Chinese Communities

Weekend back home, a relative’s unit of the elevator is broken, only one in operation, took a notice … Looked up, the neighborhood was completed in 2005, still considered the “next generation” in the old city

A sad fact is that the property management of Chinese communities depends on the conscience of the developers and property companies.

In addition to a small number of developers who have a large spread, pursue long-term development and value brand reputation, no one will be your teammate in the matter of “reducing the rate of house depreciation”. The teammates.

It is difficult to organize a property owners’ committee, and even if it can be organized, the goal of the owners after the collision game will probably be – to reduce property fees and accelerate the depreciation of houses.

The property fee is basically impossible to raise, it was $2 when we bought the house in 2008, even if the labor cost has doubled several times, it will still be $2 in 2018 – the only thing that can change is the decreasing percentage of owners who are willing to pay the property fee on time and in quantity.

Lawns are weeded, shrubbed and desertified, water systems are depleted, fountains become ornamental, janitorial brothers become janitors, public spaces become private storage rooms, access control is deliberately destroyed by neighbors… These people have seen no strange.

“National chain”, “large developers “, “medium to high-end product line”, in these three Under the combined effect of these three conditions, you may have a 10-15 years of living in the gatekeeper, water system, green can still barely function of the community.

Of course, this is only “normal operation”, as for ” To make up for the depreciation”, this property fee is far from enough.

The public roads, unit foyers, public hallways, underground parking lots, etc., all public spaces, floors, walls, ceilings, and hidden in which the water, electricity, gas and fire pipelines, and even the elevators that we all use every day. Who will bear the depreciation of these “public parts”, is unclear, can not be pushed.

The “public” means that there must be a strong institution to ensure the collection of funds, to ensure that the standard of funding continues to rise with inflation, to ensure that these funds are used wisely.

Just like the old and dilapidated buildings in downtown Beijing, there will be financial resources to carry out seismic reinforcement, renovation of pipelines and repair of public spaces.

The “financial resources” and the “growth of financial resources ” is guaranteed by strong institutions, while “property fees “and “property fee increases” are not.

The use of public funds to renovate and reinforce some people’s private properties (old and dilapidated) for free, leaving aside their reasonableness, is a case of most people paying for a small number of people in terms of affordability alone; after all, old houses before the 1990s account for a small percentage of dwellings overall.

And when the 21st century built, the number and area of far more than the old and dilapidated houses before the 90s enter a period of large-scale decay, how to pay for the financial?

The land system has left most people in high-rise housing, and even small counties are full of 30-story towers built by small local developers. What is happening now in the old high-rise neighborhoods of first-tier cities will also be happening in 10 years across the country.

Over the past 10 years or so, China’s productivity has taken a giant leap forward, but there seems to be no progress in the matter of neighborhood owner autonomy and normal neighborhood renewal. Some people may be willing to spend tens of thousands of dollars on a bag rather than pay thousands of dollars in property fees.

Even if the price of land is much higher than the cost of housing, even if the neighborhood is completely torn down and rebuilt is more cost-effective than the depreciated price of housing, the only way out for everyone is to keep changing houses and it is difficult to unite against depreciation.

In another 10 years, when aging is getting deeper and deeper, it will be a competition for “blue-collar labor” that is gradually escalating between neighborhoods, and the basic hygiene and security of some neighborhoods may be a big problem. Security may be a big problem.

Except for the old houses in the core downtown system (with financial and unit funding), and the new mid- to high-end neighborhoods of large chain developers (with high starting property fees), most other neighborhoods should inevitably have owners and owners, owners and property owners fighting each other, and a lot of chicken feathers.