REFLECTIONS AND EMPIRICAL ANALYSIS OF RENT GAP THEORY: A CASE STUDY OF NANJING
LIU Cheng1, SHI Yi2, ZHANG Kai-tao1, LEI Chao3
1. School of Public Administration, China University of Geosciences, Wuhan 430074, China; 2. Wuhan Planning & Design Institute, Wuhan 430014, China; 3. Wuhan Urban Renewal Investment Co., LTD, Wuhan 430010, China
Abstract:China has recently moved away from the gentrification model characterized by large-scale demolitions and displacements. Instead, the government adopted a more cautious approach in the allocation of rent gaps, emphasizing social equity and transparency. This study examines two government-led gentrification models in Nanjing: micro-regeneration and edu-apartment reform. The former focuses on revitalization and preservation of old neighborhoods, while the latter uses administrative measures to curb jiaoyufication driven by speculative investments in edu-apartment. Both aim to limit excessive rent gap appropriation by developers and homeowners. Micro-regeneration has enhanced the living conditions of original residents, maintained the community's social structure and neighborhood relationships, and effectively mitigated the drawbacks commonly associated with traditional gentrification. However, micro-regeneration requires substantial funding to create use value and preserve historic buildings; however, its internal revenue-generating capacity is far from sufficient to achieve financial sustainability. While government intervention has promoted social equity to some extent, it has struggled to fundamentally halt capital's pursuit of rent gaps in the short term.
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LIU Cheng, SHI Yi, ZHANG Kai-tao, LEI Chao. REFLECTIONS AND EMPIRICAL ANALYSIS OF RENT GAP THEORY: A CASE STUDY OF NANJING. HUMAN GEOGRAPHY, 2025, 40(4): 36-46.
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