在中国中西部地区,县级地方政府为了土地财政,大搞房地产开发,但房子却卖不出去,使得土地财政成了垃圾财政,进而导致严重的金融风险。笔者认为,这一问题已十分严重。对中西部地区而言,政府能否获得土地财政,根本问题是要有房地产的有效需求。一般来讲,在中西部地区的县一级,房地产的有效需求并不大。因为当地经济不发达,缺少工商业的充分发展。而从事农业生产的农民,即使愿意买也买不起,就是买得起,也住不下来,因为农业生产必须就近,住在县城务农,显然不靠谱。在这种情况下,要获得土地财政收入,几乎唯一的办法就是打农民工的主意,因为农民工前往沿海地区和 In the central and western regions of China, the county-level local governments, in order to finance the land and engage in real estate development, can not sell their houses, making the land finance a rubbish and financial situation, which in turn leads to serious financial risks. The author believes that this issue has been very serious. For the central and western regions, the government can obtain land finance, the fundamental problem is to have effective demand for real estate. In general, at the county level in the central and western regions, the effective demand for real estate is not large. Because the local economy is underdeveloped, it lacks adequate development of business and industry. The peasants engaged in agricultural production, even if they are willing to buy, can not afford it. They can afford it and live it. Because the agricultural production must be nearby and the peasants living in the county seat are obviously not reliable. Under such circumstances, the only way to obtain financial income from land is to wage migrant workers’ ideas because migrant workers go to the coastal areas and