| The first or second-tier cities housing prices rose too fast,the three or four lines of urbans had stock high,these had become the most prominent problems in Chinese real estate market.The reasons for these problems were caused by the mismatch between supply and demand in the real estate market,but this mismatch was owning to the supply and demand of the land market had also been wrong.Chinese land market was dominated by local governments,they supplied lands in a planned way through the Chinese land system,this planned supply didn't completely follow the laws of the market,but was based on their current financial needs,which formed the Land Finance.Under the condition that the local government continued to maintain the Land Finance,the development mode of land and land allocation wasn't conducive to the development of real estate,so it was the primary task of maintaining the healthy development of the real estate industry to seek new ways of allocation factors.This paper will study the real estate infrastructure costs through the way of OAS to raise funds for urban construction.This will make the value of urban land,the price of commercial housing and economic development get Marx rent effect,Economic externality,Solow economic growth effect.And then it will achieve the purpose of optimizing the Land Finance,but also will give other incomes in the Land Finance to provide an exemplary role in OAS.And along with the RMB joined to the SDR,it began to be recognized by more countries and regions,and had become one of the world's mainstream currency.This meant that countries around the world had begun to accept it,so that our country could obtain seigniorage revenues and other interests.However,there was no perfect mechanism for the return of RMB in China and the overseas financial products which were denominated in RMB hadn't formed the scale,the development of RMB internationalization was severely restricted.Therefore,in order to solve the problem of internationalization of RMB,this paper will study how to support offshore bonds,which are denominated in RMB and supported by real estate infrastructure costs.This paper in the first introduces the research of the urban infrastructure costs and the OAS.Then combing the basic theory of real estate and OAS.And then the paper shows that there is a great positive impetus to the development of real estate infrastructure costs OAS from Marx's rent theory,externality theory,new classical growth theory.Then this paper analyzes China mainland real estate market,and the issue of RMB internationalization,provides ideas for the case analysis and uses to determine the effect of real estate related costs of OAS.And then analyzes the necessity and feasibility of the OAS of the real estate infrastructure costs,in order to explain the function and basis of the issue of offshore asset backed bonds.Then the paper will suggest that the central government sets up a special platform for real estate infrastructure costs for two guarantees.This paper constructs the driving force index system of real estate land demand from the three perspectives of society,economy and real estate,and uses the correlation relation and principal component analysis method,GM(1,1)gray forecasting model and multiple linear regression model to find the forecast of real estate land demand equation.Then,using the previous methods to calculate the 2017-2026 Harbin real estate infrastructure cost income,the income as the basic assets of OAS,and designs OAS program.And then the paper analyzes the effect of Harbin's real estate infrastructure costs on the OAS of Harbin and the RMB internationalization.Finally,according to the purpose of the real estate infrastructure costs OAS,the related issues are put forward. |
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