The impact of real estate tax on the time limit is not so important

(By Ma Yuecheng)

This year, the issue of property tax was completely defeated. It is no longer meaningful to argue about whether the property tax should be collected. However, we can settle that in recent years, who has repeatedly said that the property tax is suspected of being illegal and who has said that the property tax will not be collected within 20 years. They said that one of the main problems of levying property tax is that there is no private ownership of land, which is their real purpose.

Now that the big goal has been set, it is no longer important to say when the levy will begin, because China's property market is mainly a policy market, and people's expectations of the future property market determine the trend of house prices. Now that the issue of property tax has been decided, its impact is safe and predictable. If there are people who have to wait until they see the coffin and shed no tears, or die until they reach the Yellow River, let them wait.

It should be said that this period of time before the official levy is to give investors and owners of many houses the opportunity to deal with the houses. The property tax must be levied. If there are many houses, it must be more taxed, and how much more taxed, then it must make you feel distressed to quit the house, because, Our main purpose in formulating the property tax is to regulate the property market and reduce the housing price. This is very clear. Don't doubt whether it has the effect of restraining the housing price. Because this is a long-term mechanism to regulate the property market. If there is no function, what should be regulated?

Recently, Su Peike of the University of International Business and Economics pointed out that some people said that the real estate tax could not only not drive up the house price, but also drive up the house price. First of all, it should be clear that there is no inevitable relationship between the real estate tax and the rise of the house price. That is to say, the real estate tax does not necessarily lead to the rise of the house price. The collection of the real estate tax can only promote the improvement of the supply and demand relationship in the housing market to a certain extent, Because the real estate tax is aimed at the stock market, it will have a great psychological impact on the owners of multiple suites, and may also bring some stock supply to some markets. From the perspective of supply and demand in the market, the increase of supply in the housing trading market will ease the contradiction between supply and demand and stabilize the house price.

In addition, we already know that the detailed rules for the collection of property tax are determined by the local legislature, that is to say, different collection methods and tax rates are adopted in different regions. Of course, it may not be the same day that the property tax is collected at the same time. Where it is ready, it may be collected first. This is also the principle of seeking truth from facts, because there is a big gap in economic development among different regions, people's income is also different, and the housing standards and standards are different in different regions. However, the goal and function of the property tax on the regulation of the property market are the same. Therefore, we would like to see the first city to levy property tax, and we are interested in observing the effect of the tax. [This article was released by the "Ma Yuecheng" account 20190312]