Feasibility Study On PPP Mode Of Public Rental Housing Based On VFM Theory

In recent years,residents’ housing demand is also increasing,with the rapid growth of our population.The rapid development of the socialist economy,making the income gap between urban residents continue to expand,the real estate market regulation led to high prices decline,most of the low-income families were in the "living without housing" predicament.In the "Twelfth Five" period,the state promotes public rental housing in large-scale which as the representative of the protection of housing construction,which believes that through the improvement of housing security and supply system,the staff housing difficulties of more low-income and medium-income groups,new employment workers,migrant workers will be effectively resolved.At present,the biggest obstacle to the development of China’s affordable housing system is a relatively simple financing model and unstable financing channels.Therefore,in order to make innovative changes in the housing system,we must make it from the financing mode.This paper intends to study the construction mechanism of PPP mode and the theoretical system construction of the main assessment methods from the public rental housing,which is the mainstream supply type of housing protection,and improve the efficiency of public goods and service construction.The use of PPP model to build a public rental housing,the primary problem is the public rental investment plan is applicable to the model,and different individuals of the public rental project is applicable to the PPP model.In this paper,the three-stage VFM evaluation method is used to evaluate the feasibility of the public rental PPP model from three stages: the public rental investment plan stage,the project implementation stage and the final purchasing mode stage.Each stage is evaluated from qualitative and quantitative aspects,qualitative aspects main on the feasibility,the benefits and the completion of the evaluation,quantitative aspects main on the various of the factors and individual projects of the PSC and LCC value of the comparison.The core basis of PPP mode whether it is applicable to the public rental housing is the VFM(VFM=PSC-LCC).The calculation of PSC should be based on the establishment of PPP operating mechanism of public rental,from the basic operation of public rental BOT mode Mechanism,social capital partner access mechanism,risk management mechanism and performance management mechanism analysis PPP series BOT mode construction of public rental,which calculated the PSC value is moreaccurate.Taking the public rental project in Guilin as an example,the BOT operation mechanism and the VFM evaluation system constructed in this paper are considered to be able to use the PPP mode.Compared with the traditional procurement mode,both the government and the private enterprises can benefit,and the lease families can enjoy lower rents and high quality service quality.This is not necessarily all the public rental projects applicable to the PPP model,to seek a public rental construction of the best model,resulting in social and economic benefits to maximize.It is helpful to reduce the investment pressure of public housing funds to optimize the allocation structure of public housing PPP mode to optimize the capital allocation structure of affordable housing,so that the individual family and the whole society can reach the equilibrium point.