Have you ever experienced a sharp rise in house prices after demolition, and the compensation you received has not yet been received? Yesterday you could buy 100 square meters, today you can buy 90 square meters, and you may not be able to buy even 80 square meters the day after tomorrow. How do you feel when you see your area "shrinking" every day? Anyone who has experienced the sharp rise in housing prices in 2009 and 2016 has deep experience. Of course, there may also be housing price declines like around 2010 in the future.

So will the fluctuations in house prices after the demolition affect the compensation standards for the demolished people?

When lawyer Ying Ting answers questions about compensation standards for demolished people, he often mentions that for houses on state-owned land, Article 19 of the Regulations on the Expropriation and Compensation of Houses on State-owned Land stipulates that the compensation for the value of the expropriated house shall not be less than the market price of similar real estate for the expropriated house on the date of the announcement of the house expropriation decision.

Therefore, before determining the compensation standard for expropriated houses, two concepts must be clarified. The first is the date of announcement of the house expropriation decision. The content is complete and correct, and the announcement of the house expropriation decision is stamped with the official seal of the government. The specific time of posting can be used as the benchmark time point for calculating the compensation value for house demolition. Secondly, the similar real estate of the expropriated house. It refers to real estate that is the same or similar to the expropriated house in terms of location, use, nature of rights, grade, age, scale, building structure, etc.

Do you understand what you see here? If similar problems arise in the future, please remember to ask us first.