Information > General article > Home loan strategy > Property market dynamics >  text

Your house may be dangerous! "High-speed rail new city" encounters regulation

Time: 2018-05-08         Source: Property market reference         Author: Liu Xiaobo

Important turning point!

Today (May 7th), the “National Development and Reform Commission” announced on the official website the “Guiding Opinions on Promoting the Rational Development and Construction of the Areas Surrounding the High-speed Railway Station” jointly issued by the four departments, which means that the state has made a major policy toward the “High-speed Rail New City” policy. Variety.

The four departments that jointly issued the documents are: the National Development and Reform Commission, the Ministry of Natural Resources (the former Ministry of Land and Resources functions incorporated into the Ministry), the Ministry of Housing and Urban-Rural Development, and the China Railway Corporation.

China is the first country in the world to industrialize high-speed rail and build a complete "high-speed rail network." At present, China's high-speed rail mileage exceeds 25,000 kilometers, accounting for 60% of the world.

China not only industrialized high-speed rail, but also promoted the development of upstream and downstream industries. It also regarded high-speed rail as an important means of promoting urbanization.

Local governments generally plan high-speed rail stations in the suburbs and new districts, and plan high-speed rail new cities around the high-speed rail station. It is hoped that the rapid expansion of the city will be achieved through the “high-speed rail new city”. In this model, the high-speed rail station often plays the role of “magic wand” that “improves the value of suburban land” and makes the local finances full of money.

However, not all of the “high-speed rail new cities” have been successful. Some cities with small population growth and weak population competitiveness have long lacked popularity in the high-speed rail new city. In the end, they not only waste land, but also make the high-speed rail station inefficient. In order to take a high-speed rail, local residents often struggle.

In November 2015, the “21st Century Business Herald” published the “High-speed Rail New Town Survey: Trends or Trap? According to reports, the number of high-speed rail new cities in the national planning and construction has reached more than 70. With the construction of the “eight horizontal and eight vertical” high-speed rail network, more small and medium-sized cities will open high-speed rail in the future. If the past model is still carried forward, it will inevitably cause huge waste of cultivated land and make more small and medium-sized cities financially troubled.

The reason is very simple. The path of urbanization in China has changed dramatically. In the past, urbanization was blooming on all sides, and all county, prefecture-level, and provincial capital cities (municipalities, cities with separate plans) were eligible for demographic dividends. Today, urbanization is becoming “big city” and “big city grouping”. The attractiveness of ordinary small and medium-sized cities is declining, and the model of building a “high-speed rail new city” in the suburbs must be changed!

In the newly released "Guidance", the following contents are worth noting:

1. Do what you can, step by step, and develop in an orderly manner to prevent blind pursuit of scale and quick progress.

2. Avoid the homogenization of industrial layout along the high-speed rail and the development of a single real estate function.

3. New railway line selection should minimize the division of the city. The location of the new station should be as close as possible to the central city or close to the urban built-up area to ensure the convenience of the people to take the high-speed rail. The construction of high-speed railway stations should be of appropriate scale and economical, and should not be greedy for the ocean and pursue luxury.

4. Resolutely prevent and control the tendency of pure real estate.

5. Around the high-speed railway station in the big city, we can study and develop the industrial functions of high-end service industry, trade logistics, business exhibition and other industries. The high-speed railway stations in small and medium-sized cities should rationally arrange the surrounding industries and steadily develop the functions of commercial retail, hotel, catering and other industries. Avoid the situation of disorderly competition and mutual restraint along the adjacent stations along the line.

6. Do your best and do your best. It is strictly forbidden to blindly engage in urban expansion in the name of development and construction around the high-speed railway station. In the early stage of a large city, it is necessary to focus on the development of a new high-speed railway station within 2 km of the area. The long-term development space can be appropriately controlled to avoid over-expansion and extensive and inefficient development. Small and medium-sized cities should not overestimate the role of high-speed rail, avoid copying and copying the experience of big city development, hard-working features, and blindly building cities. For the implementation of comprehensive land development in new railway stations, the boundary and scale requirements for comprehensive land development shall be strictly implemented. After deducting the site use, the total amount of comprehensive development land for the same railway construction project shall be controlled by an average size of not more than 50 hectares per site. The scale of comprehensive development of a small number of stations is not more than 100 hectares.

7. Fully understand the importance and urgency of preventing and defusing local government debt risks, firmly hold the bottom line of systemic financial risks, and effectively prevent local government debt risks arising from the development and construction of high-speed rail stations. Prevent the actual development of the local financial resources.

8. The competent departments of natural resources and housing urban and rural construction shall strictly manage the development and construction of high-speed railway stations in accordance with the law, organize assessments in a timely manner, strictly control the scale and time series of construction, strengthen the monitoring of land use, and seriously investigate and punish illegal land use and construction behavior. And further improve the supervision and management of the real estate market.

Above: As early as 2014, the media began to reflect on the high-speed rail new city model.

It can be seen that the “guidance opinion” has the nature of hard constraints, and the Ministry of Natural Resources and the Ministry of Housing and Urban-Rural Development will be involved in the planning and supervision of the high-speed railway station. For small and medium-sized cities, the new high-speed railway station should be “as far as possible in the central city or close to the urban built-up area”, and it is necessary to control the scale and control real estate development.

This means that some unpredictable sites previously planned by some cities may undergo major changes. Once the planning changes, it means that the “speaking high-speed railway station” has been removed, and the land price and house price in the corresponding area will probably plummet!

Which cities are the most dangerous? Of course, cities with low levels, weak economy, poor finances, small population, and slow growth are mainly prefecture-level cities, counties, and counties in the central and western regions. Of course, the premise is that the high-speed rail station has not yet started construction, and the planning is far from the city center. If you are preparing to buy a house in the above area, be careful.

Why do I always advise everyone to buy a house (mainly a house) in a "high-level city with a significant population increase?" From the case of high-speed rail, everyone will realize it.

In China, resources, population, and opportunities all follow power, and cities with high levels are always cheap. Some time ago, the media reported that the National Development and Reform Commission had tightened the approval of the new subway line, and cities with a permanent population of less than 3 million would suspend the construction of new subway lines. This time, the planning and construction of the high-speed railway station has been tightened. From this point of view, the central idea is the same: pursue the high-quality development of the economy, make the large infrastructure more efficient, and avoid the risk of bankruptcy of local governments.

For ordinary small and medium-sized cities, not only are opportunities less and fewer, the opportunities for the realization of the original “higher” plan are also reduced. Large cities can prevent the internal interests of the city from solidifying by developing new areas; small and medium-sized cities will gradually lose such opportunities. In other words: in big cities, there are more opportunities to buy a house in the new district; in small and medium-sized cities, it is more risky to buy a house in the new district. Deciding the root of all this is still the opportunity and attraction of the city.

I hope readers can understand the general trend of China's urbanization from the new subway regulations and high-speed rail regulations introduced this year, and don't let their investment be inefficient or drowning.

The higher the interest rate, the more debt, don't let the mortgage bond your life. Pay attention to the public number of “Focus 360” (fangdai123) and easily grasp the minimum bank loan interest rate. Less interest, get rid of it earlier.

    You may need these loans

    Room loan

    Loan with mortgage record

    500000

    Maximum amount

    0.89%

    Minimum monthly interest rate

    1 day

    Fastest loan time

    apply immediately

    Redemption

    Debt mortgage

    6.5 million

    Maximum amount

    2.20%

    Minimum monthly interest rate

    30 days

    Fastest loan time

    apply immediately

    Home loan

    Home mortgage, good capital turnover

    10 million

    Maximum amount

    1.20%

    Minimum monthly interest rate

    7 days

    Fastest loan time

    apply immediately

    Decoration loan

    Buying a house renovation loan

    500000

    Maximum amount

    0.37%

    Minimum monthly interest rate

    1 day

    Fastest loan time

    apply immediately
    Save this article to my mailbox
    Subscribe to mortgage, property news

    Sweep and make buying a home easier!

    Welcome to pay attention to Rong 360 mortgage
    Official WeChat (Fangdai123)

    [Exclusive Manuscript and Disclaimer] Any work, such as "360 Original", without the written authorization of 360, may not be reproduced, extracted or otherwise used by any unit, organization or individual. If you have been authorized in writing, please indicate the source of 360. Anyone who violates the above statement and infringes on the legal rights and interests of Rong 360 shall be investigated for legal responsibility according to law. The materials and conclusions in the works are for user's reference only and do not constitute operational recommendations. To obtain written authorization, please send an email to: academy@rong360.com

    Comment list (user comments are only for users to express their personal views, does not mean that the site agrees with its views or confirms its description)
    you may also like

    Buying a house loan

    Room loan

    Loan with mortgage record

    Redemption

    Debt mortgage

    Home loan

    Home mortgage, good capital turnover

    Decoration loan

    Buying a house renovation loan