Demolition Makes the RICH ?  

Demolition Makes the RICH ? FocusT-Sabrina Demolition refers to demolish the building in a village or a certain zone, to another place after obtaining government permit. For the overall construction plan of the city, and sometimes for special national projects, it is necessary to tear down and relocate the original buildings, make the best use of land resources, to meet the social and economic development. Usually, the construction conpany or the government pay various compensations to owners or users of demolished houses according to local rules and regulations. Compensation of houses is determined by many aspects, like how big the house is, the decoration quality, the number of family members and etc.. Normally, compensations are divided into three ways: cash compensations; property exchange right and equal-area exchange right. During about 1995-2005, every demolished house unit in Suzhou can get 2-3 houses on average in very low price. Recent years, with the rapid increase of Suzhou economy, the price of those houses is almost 10 times. Natives can make money from the rent; and some seize the oppornity to earn money by repeatedly buying and selling their properties. In China, school's, especially public school's recruitment is bound to house. Parents buy houses for children's better education. Under the same residential quality, school district house of the best school can be 2-5 times the price (per square meter) of that of normal school.

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