1. Compensation for urban village reconstruction: In 2007, Liede Village, as the first urban village in Tianhe District, Guangzhou, took advantage of the construction of Pearl River New Town to carry out a large-scale old city reconstruction project. In order to promote the construction of a modern city, the government carried out the demolition and reconstruction of Liede Village, and the villagers received high compensation for demolition.
2. Geographical advantages: Liede Village has an excellent geographical position. It is located in the south of Zhujiang New Town, the core business district of Guangzhou, close to the Pearl River, which makes its real estate value increase rapidly in the process of urbanization.
3. Distribution of rebuilt houses: After the demolition, the villagers not only got cash compensation, but also got a certain number of relocated houses. Among them, many villagers are assigned to multiple houses, especially in Zhujiang New Town, where the property value is very high.
4. Rental income: With the improvement of surrounding commercial facilities and the rapid development of regional economy, the relocated houses in Liede Village can bring considerable income whether they are used for self-occupation or rental. Villagers can get stable rental income by renting out surplus houses, and some villagers can even realize hundreds of thousands of rental income every year.