Research On Impact Of Rail Transit To Value Of Property

Along with the unceasing enhancement of our country's urbanization level and motorization level, the transportation gradually becomes the bottleneck restraining the urban development, therefore it need to develop the public transportation powerfully, particularly the urban rail transit system which has mass transit and quick speed. The urban rail transit while brings the convenient communication, has the huge external economy benefit. It can obviously improve the accessibility of the neighbourhood property and convenience of the resident's journey, changing the nature of land utilization, enhancing the intensity of land development, promoting the development of social economy. Thus it can promote the value of the neighbourhood real estate.How qualitatively and quantitatively analyse the impact of urban rail transit to the neighbourhood real estate value, it becomes the hot spot of the academic study in recent years. The studies about the impact of urban rail transit to the neighbourhood real estate value, mainly divide into three aspects: the impact scope of urban rail transit to the neighbourhood real estate value, the influence effectiveness of urban rail transit to the neighbourhood real estate value, the quantitative analysis about impact of urban rail transit to the neighbourhood real estate value.However, to different cities, as a result of its different economy, urban planning and city infrastructure, therefore the urban rail transit brings different increment benefit to the real estate in the different cities, not only the impact scope of urban rail transit to the neighbourhood real estate value, and the effectiveness and the degree about the impact of urban rail transit to the neighbourhood real estate value. The quantitative analysis about impact of urban rail transit to the neighbourhood real estate value becomes the anxiously soluting problem to each city government, the control section of real estate market, urban rail transit companies, and property developers. In view of this, this thesis collected and reorganized the massive domestic and foreign research literatures, through analysing the impact of Chongqing rail transit 2nd line to the real estate value along the route, to discover the impact scope of each Chongqing rail transit station, finding the effectiveness about the impact of Chongqing rail transit to the real estate value along the route, establishing the quantitative investigation model about the impact of urban rail transit to the real estate value, to advantageously realize the integration development of rail transit with the neighbourhood real estate, and providing the measurement basis for the government formulating the related policy, for the urban rail transit companies and the property developers taking each measure. So the research significance is richer.The study about the impact scope of Chongqing rail transit 2nd line to the neighbourhood real estate value indicated that: The impact scope of urban rail transit to the real estate value along the route is not the sole value, but changing along with the accessibility to the city center. Generally speaking, the impact scope of urban rail transit to the real estate value assumes the increasing tendency along with the distance to the rail transit station in city center becoming more farther. But it is not monotonely increasing along with the distance to the rail transit station in city center, when the transportation cost changes, the impact scope also correspondingly change.The study of the effectiveness about the impact of Chongqing rail transit 2nd line to the real estate indicated that: After the rail transit beginning to construct, the house price will have certain increase scope, when the project comprehensively start it will present the peak point of the first increase scope, afterward it will present certain receding, but it still maintains certain level, after rail transit line communicating clear it will present another peak point of the second increase scope, and this peak point of the increase scope is bigger than that of the first peak point. The increase scope of house price will recede gradually along with the trial operation of the rail transit.The quantitative analysis about the impact of Chongqing rail transit 2nd line to the neighbourhood real estate value indicated that: Along with the distance from the sample land center to the rail transit station enlargeing, the impact of rail transit to the house price assumes decreasing tendency; Along with the distance from the neighbourhood rail transit of sample land to the city center enlargeing, the impact of rail transit to the house price is even more remarkable; as the distance from the neighbourhood rail transit of sample land to the region center enlargeing, the impact of rail transit to the house price assumes the increasing tendency.Through the calculation about the impact of the Yangjiaping rail transit station to the neighbourhood real estate value, it discovers that the impact of Chongqing rail transit 2nd line to the real estate value along the route is very huge, if can return the increased value according to the certain proportion, such as 30%, then the urban rail transit enterprises may obtain billions Yuan even tens of billions Yuan incomes, it will become one very important sources of fund to construct and operate the urban rail transit.