A Review of the Law of Land Value Change under Different Urban Renewal Models

Abstract

With the continuous evolution of urban spatial structures, urban renewal has become a key path to improve land use efficiency and enhance urban quality. This paper systematically sorts out the mechanisms through which three typical urban renewal models influence land value. The government-led model drives significant increases in land value through large-scale spatial reconstruction; the market-led model, oriented toward efficiency and return on investment, facilitates rapid land appreciation; and the community participation model, which emphasizes cultural preservation and social integration, contributes to a gradual and sustained rise in land value. The results show that the impact of different renewal models on land value is significantly heterogeneous due to the difference in goal orientation and driving force, and it is difficult for a single model to take into account multiple development goals such as economy, society and culture. Therefore, it is necessary to further consider promoting the collaborative governance of multiple subjects and the integration of models to achieve the overall optimization of land value and the sustainable development of urban renewal.