a victory for the common people?

So after the Municipality announced that it would suspend demolition of extant urban villages, villagers who will still have to hand their property rights over to the city took to the streets to agitate for demolitions. Because here’s the rub. The city has been using the demolitions as a way of regularizing property ownership, transforming the grays of collective ownership into the black and white of law. Now, the new plan will proceed with the regularization of property without the wealth that demolition has generated. Suddenly, there are villages facing what they clearly see as “lose-lose.” On the one hand, as the city upgrades living conditions in the handshake buildings, in perpetuity rights will become the 70 year rights of ordinary urban property. On the other hand, the transfer fees for those rights will no longer (can no longer) generate instant millionaires a la Gangxia and Dachong.