Many land media reports, before the legislation, the new round of real estate tax is expected to expand the pilot in cities with high pressure of rising prices, Shenzhen and Hainan were named as possible first pilot.
The Ministry of Finance, the Ministry of Housing and Urban-Rural Development and other units recently held a forum on the pilot real estate tax reform to listen to the views of the pilot real estate tax reform work. The Securities Times quoted experts as saying that the symposium released the signal that the real estate tax pilot will be carried out before the legislation.
As early as January 2011, Shanghai and Chongqing were the first two cities to pilot a real estate tax on individual houses, and it has been ten years since then.
Ding Zuyu, chief executive officer of E-House Enterprise Group, said that the recent housing prices seem to be caught in the strange phenomenon of the more control the more they rise, and it may become a better time to promote real estate tax legislation and reform at this time.
According to Li Yujia, chief researcher of Guangdong Housing Policy Research Center, there is still no timetable for real estate tax legislation this year in terms of the legislative process. However, from the perspective of the real estate evolution situation after the epidemic, it is imperative to accelerate the introduction of real estate tax to regulate the income gap widened because of property, stabilize the social situation and solidify the demand base.
Jia Kang, president of the Huaxia Institute of New Supply Economics, believes that Shenzhen and Hainan should actively launch a pilot real estate tax reform. This is due to the overheating situation in Shenzhen real estate, Hainan to promote the construction of a free trade port, resource allocation should also be highly market-oriented.
Yan Yuejin, research director of the think tank center of the E-House Research Institute, also agrees that the real estate tax in Shenzhen and Hainan early and pilot. He believes that as the real estate tax reform pilot work advances, it will inevitably affect both primary and secondary house prices.
Xu Xiaole, chief market analyst of Shell Research Institute, said that the real estate tax will first expand the pilot cities, summarize the pilot experience of Shanghai and Chongqing, further optimize the collection method, and is expected to expand the pilot in cities with high pressure of rising house prices.
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