Is the threshold for reporting cases in Beijing City lowered significantly? Real estate owners are worried about the reappearance of cockroaches!

Nearly 75% of Taipei City’s old houses are more than 30 years old.

Taipei Mayor Chiang Wanan announced that the threshold for submitting cases to the city's metropolitan area will be lowered from 75% to 50%. In the eyes of most real estate developers, most real estate developers have begun to worry that the drama of "dugeng cockroaches" getting stuck in cases will be repeated again.

A builder who did not want to be named pointed out that the focus of the project has never been on whether the threshold for submission is high or low, but how the key 20% or even 30% of different users can reach a consensus. Even if the threshold is lowered to 50%, does that mean there are another 50%? % needs to be further integrated. Therefore, the only thing that lowering the threshold for filing cases can bring is the number of cases being sent to the city. On the contrary, the final number of how many cases sent to Beijing City will be demolished or even reconstructed is the most meaningful number.

Taking the elderly care case as an example, Taipei City has accumulated 1,088 approved elderly care cases, making it the county with the largest number in Taiwan. However, so far, the number of invalid cases among Taipei City’s elderly care cases has been at least 188, accounting for more than 17%. That is to say, on average, less than 1 out of 6 cases has been invalid.

Huang Shuwei, director of Colliers International Real Estate Owner Representative Services Department, said that in 2014, the "Du Geng Ordinance" was overhauled, raising the consent threshold for delineating units and submitting documents in one fell swoop, in order to prevent a small number of "Du Geng cockroaches" from getting stuck in cases through low thresholds and submitting cases indiscriminately, which may increase the transaction costs of negotiations and increase social costs, thereby making the Du Geng case more difficult to implement.

If the approval rate for early integration is higher and the case is submitted, the probability of subsequent deliberation and feasibility will also increase. Therefore, a loose threshold for submission can indeed bring considerable numbers in the short term, but it may cause the integration of the case to be more time-consuming and labor-intensive. It may even be because the consensus on the integration is not high, which will not increase the space for the public sector or third parties to intervene.

He Shichang, CEO of Xinchuan Real Estate Think Tank, also pointed out that the dream of lowering the threshold for submitting cases in Beishi City is wonderful, but there is still a long way to go from submitting cases to reaching a highly integrated consensus. In particular, the completion of the case does not mean that the case has been completed. It is also necessary to further obtain the consensus of different tenants, and embarking on demolition and reconstruction together is the most critical and important step.