ABSTRACT
Socioeconomic development and urbanization process is escalated while being led by China’s reform and open-up policy, as well as the hyper-density development and population flocking in the downtown badly increases the traffic flow. In addition, economic radiation of the center area to the outer city stimulates the demand to long-distance transport as well. Urban Rail Transit System, as one kind of fast, effective, safe, and unpolluted public transport, possesses great significance to ease the transportation pressure and initiate a new developmental pattern. As one way among them, the subway has incomparable advantages. Nevertheless, the high cost and strict geological conditions demanded make the metro to not be as common as cars. Viewing the development history of metros, the exterior benefits brought by the metro development have not been converted and employed efficiently. Put it in another way, most metro operations do not realize positive profits. Actually, as far as I have known, only Hong Kong metro firms can get operating profits so far in the world. They make joint development of metros and the real estate and earn money through appreciation of the property caused by the metros. Consequently, the metro is closely associated with the real-estate development. This article researches the regulations between the metro development and the real estate, and it is very meaningful to adjust the transportation plans and municipal function structures, as well as the real-estate market bloom.
