Shenzhen Oriental Morning Post,

 Shenzhen

Source: October 15, 2009,

analysts say prices could rise in some cities particularly the introduction of significant

sites emerged, supply, investment hot, inflation expectations and other factors, the prices almost do not see the downside. Face of high prices, buyers have to hope non-traditional control policies - property tax.

recently, investment-driven property transactions, several sets of investors holding property in the hands not for sale. This area resulted in soaring prices, on the other hand increasing the residential vacancy rate.

property tax is growing, all parties hope that real estate investors through property tax increases the cost of store room and force it to cut prices to sell. Experts suggest that, taking into account people's basic needs for self-occupation and regional differences, the second suite from the holders of property tax.

investment

from the beginning to now, several rounds of the property market has experienced significant changes, including a substantial increase in the proportion of investment demand has become a prominent feature of the property market this year.

terms of the objectives from the home, from the beginning of rigid demand suddenly released into the continuous rise of demand for investment purposes. This directly led to the popular high-end luxury residential market, turnover in the property market get the most obvious manifestation.

Fang Fang Ling Xiaojie studio analyst told the Post real estate reporter, to Shanghai, for example, a quarter of the property market from low order to the rapid warming in the second quarter, to reach the market in June highs, real estate transactions reached 3.26 million square meters, the price climbing higher and higher, especially in high-end apartments (price of 3 yuan / square meters) and villas selling products significantly.

to reach as many as 13, is rarely seen in history.

view from the purchase of the crowd, investors as a strong supporter of these high-end residential. From in the short term to create a staggering sales record can see reflected Star River in Pudong. Star River opened on August 8 will be traded after the 6 hours 40 billion yuan, It is understood that the main buyers to investors outside of the main.

such investors mainly from Jiangsu and Zhejiang provinces, Hong Kong and other overseas locations such persons. In addition, the recent influx of investors around Shanghai to buy luxury are common occurrences, Tomson Riviera, Lakeville, Bund and many other luxury they have become a foregone conclusion.

investment demand to pick up directly promote the recovery of the property market, property market turnover and prices for the soaring property market transactions for the purposes of credit. However, this also led to the general heard the grumbling of its buyers.

E-House Analysts 薛建雄 pointed out that investors in different places in the city after the purchase is neither live nor work there, the house placed there as a stored value,UGG shoes, hedging tools, waiting for price appreciation, reluctant to enter the market, which not only resulted in a higher vacancy rate, and the artificially created tension between the real estate supply and demand, thus further pushing up prices.

renewed calls the property market by the investment promotion

rise in the performance of first-tier cities have been obvious, triggered calls for even more property tax levy continued.

property tax, also known as increased. Recently, the world's most mature market economies are levying property tax on real estate, and the holder of the property tax as prerequisite to the value of property tax basis.

In China, proposed to levy a property tax has been 6 years. China began in 2003 proposed property tax, in May 2009 the State Council published

薛建雄 that the introduction of property tax, although it is difficult to change the size of the status of property investment, but can play a certain effect, because of the increased cost of ownership, the mean return on investment will decline, and risk rise.

Shanghai real estate analyst, a famous Chinese brand marketing experts, well-known real estate experts said Chen in good faith, now is the time opportunity to levy property tax, it is best to combat high prices, dampen investment buyers, real estate One effective means, and some tax relief in the near future the pressure quickly. Is currently promoting the introduction of property tax revenue based on fiscal sector point of view, but the pressure from the local government is not small.

presenters Yuan Yuezhuan Man Financial, said market conditions in the real estate firm in the situation, the pressure of public criticism for the housing prices will be significantly increased,UGG bailey button, and the rapid rise in the real estate asset bubble, the real estate market to take control policy of non-traditional public pressure will surge, so house prices rising faster introduction of property tax will be the direct driving force. Consider the social affordability, house prices may be rising in some cities particularly significant property tax the first public introduction of the pilot.

well-known economist Zhang Wuchang in his blog, suggested that China's capital gains tax can be revoked under the premise, consider the annual property tax of 5% pumping, pumping floor, do not smoke, the government estimated that the properties is to depend, in order to avoid arguments should make a valuation discount for each purchase.

Shenzhen

in 10 pilot provinces and cities, Shenzhen is expected to be the first to put on the official property tax schedule. It is understood that after Beijing, Liaoning, Jiangsu, Shenzhen, Ningxia, Chongqing, Henan, Anhui, Fujian, 10 provinces and cities of Dalian which simulated the real estate tax assessment pilot.

5 月份 the same property tax levy is also It said:

6 month, the Shenzhen Municipal Government investment projects to obtain the annual Municipal People's Congress for approval. The plan includes new projects for this year's

Insiders pointed out that Shenzhen, as the lead in the introduction of property tax, Shenzhen is expected to test next year, property tax levy. However, Local Taxation Bureau of Shenzhen, said the leaders to the media, Shenzhen does have the idea of property tax levy, the current course of study and consideration. Ideas from the existing level,UGG boots, the personal self-occupied residential property tax levy is possible to receive tax benefits.

is worth noting that, comparatively speaking, the other nine pilot provinces and cities in property tax assessment, so far, it is understood, there is no clear statement about the property tax. Nationwide, property tax be launched, still no specific timetable.

tax burden of the

inevitable property tax levy is the tax rate, also cause concern.

It is understood that national authorities have the time for the property tax levy and the levy basis points in the academics and the industry to seek their views. Experts said that with the current economic situation is expected in about 1% threshold is not too high. Another scholar noted that there may be lower than 1%, but that far.

experience in foreign property tax levy may have some reference. It is understood that each of the foreign exchange rates are generally (Housing Valuation) of about 1%. If one million yuan to set prices of real estate, for example, will pay 10,000 yuan a year, would pay 700,000 yuan for 70 years.

Financial Research Institute, Shenzhen University, World Peace, said the country, property tax collection methods may be on a per capita living space, more than a certain size to collect taxes. At present, there are two views, 30 square meters per person and 50 square meters per capita as the threshold. The standard property tax levy will be between 0.6% to 6%.

Chen proposed in good faith, taking into account people's basic needs for self-occupation and regional differences,bailey UGG boots, the second suite from the holders of property tax. For size, price level and so on, through price and tax rate to adjust. For the land shall have been paid, you can find the history of land files shall be calculated to the total tax deduction, the higher the premium charged more. (Oriental Morning Post Qin Mingming)