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Ren Zhiqiang: Property Tax Can Not Solve The Housing Problem.

2011/1/13 9:53:00 46

Ren Zhiqiang Property Tax And Housing Price

"I personally feel that China does not exist at all. Property tax The foundation of property tax can not be solved at all. housing price Problem. " In view of the current hot property tax issue, in January 12th, President of Huayuan Group Ren Zhiqiang These views are expressed.

Ren Zhiqiang believes that property tax is a short-lived tax policy. There is no basis for collecting property tax in China. "Because China's inclusive system determines that the housing problem of residents has not been solved, and that property should not be taxed at all stages of development." If property tax is used to solve the housing problem, it is logical and practically wrong.

He said that the property tax can affect people's consumption behavior, that is, when the holding cost increases, if the supply is in short supply, people will continue to buy; if the supply and demand are basically balanced and the holding cost is high, people will not over invest. Then indirectly regulate the supply and demand of the market indirectly through consumption behavior, and affect the price with the change of supply and demand. In the case of supply and demand at present, property tax can not restrain house prices.

In January 9th, Huang Qifan, mayor of Chongqing, said at the "two sessions" in Chongqing that during the "12th Five-Year" period, Chongqing will strengthen fiscal and tax adjustment and levy high-grade property tax. It is reported that the Ministry of finance has agreed in principle to levy commercial housing property tax in Chongqing. At present, Chongqing is stepping up efforts to improve relevant programmes, and is expected to issue documents in the first quarter of this year to levy high-grade commercial housing property tax. At the same time, Shanghai real estate tax reform pilot is also actively promoting.

In addition, Dong Fan, director of the real estate research center of Beijing Normal University, also expressed objection to the Levy of property tax. "Property tax has never made any effect on housing prices. Even if the policy is out, it can not be effectively operated."