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Article: Planting Houses in Shenzhen: A real estate market without legal titles

TitlePlanting Houses in Shenzhen: A real estate market without legal titles
Authors
KeywordsChina
law and development
market transition
property rights
small property
Issue Date2014
Citation
Canadian Journal of Law and Society, 2014, v. 29, n. 2, p. 253-272 How to Cite?
AbstractCan a real estate market operate without legal titles? Th e answer has conventionally been no. But in Shenzhen, the iconic city of China's market economy, an opposite phenomenon exists: half of the buildings within the city, which has 1,993 square kilometers of land and over 10 million people, have no legal titles and have been rented or sold to millions of people illegally. Th ese illegal buildings are called small properties, because their property rights are "smaller" (weaker) than legal properties. Based on my one-year fieldwork, this paper is a first step toward explaining the small-property market. It reveals that legitimate organizations and professionals have developed a network to facilitate impersonal transactions of illegal small properties. Set against the backdrop and context of China's transition, this paper presents a feasible plan for building a market economy in transitional countries, where property laws are oft en less than ideal. © 2014 Canadian Journal of Law and Society.
Persistent Identifierhttp://hdl.handle.net/10722/202225
ISSN
2015 SCImago Journal Rankings: 0.247
SSRN

 

DC FieldValueLanguage
dc.contributor.authorQiao, Shitong-
dc.date.accessioned2014-08-22T02:57:49Z-
dc.date.available2014-08-22T02:57:49Z-
dc.date.issued2014-
dc.identifier.citationCanadian Journal of Law and Society, 2014, v. 29, n. 2, p. 253-272-
dc.identifier.issn0829-3201-
dc.identifier.urihttp://hdl.handle.net/10722/202225-
dc.description.abstractCan a real estate market operate without legal titles? Th e answer has conventionally been no. But in Shenzhen, the iconic city of China's market economy, an opposite phenomenon exists: half of the buildings within the city, which has 1,993 square kilometers of land and over 10 million people, have no legal titles and have been rented or sold to millions of people illegally. Th ese illegal buildings are called small properties, because their property rights are "smaller" (weaker) than legal properties. Based on my one-year fieldwork, this paper is a first step toward explaining the small-property market. It reveals that legitimate organizations and professionals have developed a network to facilitate impersonal transactions of illegal small properties. Set against the backdrop and context of China's transition, this paper presents a feasible plan for building a market economy in transitional countries, where property laws are oft en less than ideal. © 2014 Canadian Journal of Law and Society.-
dc.languageeng-
dc.relation.ispartofCanadian Journal of Law and Society-
dc.subjectChina-
dc.subjectlaw and development-
dc.subjectmarket transition-
dc.subjectproperty rights-
dc.subjectsmall property-
dc.titlePlanting Houses in Shenzhen: A real estate market without legal titles-
dc.typeArticle-
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1017/cls.2013.58-
dc.identifier.scopuseid_2-s2.0-84904651175-
dc.identifier.hkuros247314-
dc.identifier.volume29-
dc.identifier.issue2-
dc.identifier.spage253-
dc.identifier.epage272-
dc.identifier.eissn1911-0227-
dc.identifier.ssrn2391012-

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