China Financial Daily

The introduction of property tax you will not help reduce the heat caused prices to reach consensus
On the 25th, the State Council officially announced “on the deepening of economic reform in 2009 the views of the work”, which referred to “deepen the real estate tax reform to study the introduction of property tax” is quite interesting. Experts said the heat that the recent years is expected to accelerate the introduction of taxes, but property tax aimed at curbing real estate speculation, improve the utilization of land resources, their prices are not necessarily a causal relationship.
 

Grams and the China Information Technology Co., Ltd. Rui付琦analysts, at present, because possession of virtually no real estate tax burden, so the purchase of personal investment in real estate a high expected return. As long as investors do not transfer, you can zero-tax cost to holders of real estate and land resources. Great for wide greedy psychological, but also caused the land idle and waste of resources. Thus, for the taxation of social resources play a secondary role in the allocation and regulation, the introduction of property tax is imperative.

The property tax can help reduce development costs, thereby inhibiting said house prices, most interviewed said they can not agree. Experts said that real estate prices are determined by supply and demand, development costs are only one of the factors considered in pricing. When the market is in short supply, developers may avoid the cost of pricing, price adjustment directly on the basis of need.

Related posts:

1. Property tax analysis, said at least three to five years after the introduction of
   Property tax analysis, said at least three to five years after the introduction of25, the...
2. Property tax to support the introduction of the law is not subject to overnight
   Property tax to support the introduction of the law is not subject to overnightProperty tax...
3. Experts said the property tax on the legislative agenda to stabilize housing prices can keep the dispute
   Experts said the property tax on the legislative agenda to stabilize housing prices can keep...