House price concerns

6294316

House price concerns [Copy link]

Property tax is expected to be officially piloted next year, and housing prices will drop significantly focus

The property tax collection, which has been a slog but not a success, has finally made some new moves. Liu Huan, vice dean of the School of Finance and Public Administration at the Central University of Finance and Economics, revealed at the "New Era Tax Service Theory and Practice Seminar" in Guangzhou last weekend: "my country may select some small and medium-sized cities to pilot the collection of property tax next year." However, the list of these six pilot cities has not yet been determined. Liu Huan said that the country has started to pilot the collection of property tax, but the pilot is still in the "idle" stage, that is, through simulated collection to explore the collection and management system. If the research and preparation work is sufficient, it is expected to be "actually implemented" in one or two cities next year, and after the pilot is mature, it will be promoted nationwide. It is estimated that in the current housing price structure, taxes and real estate developers' profits account for 60%, and construction costs account for only 40%. Of the money that home buyers spend on buying a house, 30%-40% is used to pay various taxes and fees. After the property tax is levied, the taxes and fees originally collected by home buyers in the transaction link will be diluted to the ownership link, and the development cost of real estate can be greatly reduced, and housing prices will also drop significantly. According to an analysis by a real estate research institution, theoretically, since the land price and related taxes and fees are paid in 70 years, it means that the land price and related taxes and fees, which account for nearly 40% of the cost of the house, only need to pay 1/70 at the time of sale, and the rest will be paid in the remaining 69 years.

rain

When will Tianla be able to buy a house?

gaoyanmei

Maybe one day, we will feel that we can afford to buy a car but cannot afford to maintain it, just like the cars we have now. The price of oil and fixed parking spaces are not only very expensive, but we often see well-mannered university professors fighting over parking spaces! !

gaoyanmei

Good news Wen Jiabao pointed out that at present, we should focus on doing well in nine key tasks. In terms of controlling and curbing the excessive growth of fixed asset investment, the key is to effectively control the land gate, credit gate, and market access threshold. Strictly manage the approval of land use and increase the intensity of investigation and punishment of illegal and irregular land use. Strengthen the land acquisition compensation system and standardize the management of land transfer income and expenditure. Reasonably regulate the growth of monetary credit, take comprehensive measures to recover the liquidity of the banking system, and strive to optimize the loan structure. Strengthen the review and supervision of market access, comprehensively clean up new projects, strictly review all types of planned projects, and improve the industry market access standards. Wen Jiabao said that we must continue to strengthen the regulation of the real estate market. Promote housing construction and consumption patterns that are in line with national conditions, focus on adjusting the housing supply structure, continue to rectify and standardize the order of the real estate market, and resolutely curb the excessive rise in housing prices in some cities.

gaoyanmei

The State Administration of Taxation recently issued a notice to collect personal income tax on second-hand housing sales starting from August 1. The personal income tax is collected at 20% of "transfer income - original value of the house - taxes and related reasonable expenses paid during the transfer of the house". In the case of incomplete vouchers, the tax authorities have the right to collect personal income tax within the range of 1%-3% of the housing transfer income. The notice also stipulates that "reasonable expenses" are exempt from taxes and fees, including actual housing decoration expenses, housing loan interest, handling fees, notarization fees and other expenses.

gaoyanmei

Yesterday, the five-day "tax avoidance war" finally came to an end. On the first day of the forced taxation, the second-hand property markets in Beijing, Shanghai, Hangzhou and other places almost all became deserted in an instant.

gaoyanmei

Many homebuyers hold their hard-earned money in their hands, and the money has become warm. How strong is the desire to buy a house here? Perhaps only the homebuyers themselves know. However, facing the ruthless rise in housing prices, they can only sigh and look at the house. How dare they joke with their lives? The money they hold day and night can only depreciate day by day due to the crazy rising housing prices.

gaoyanmei

Unlike the calm capital market at the time, the Chinese people were particularly sensitive to the interest rate hike. The third quarter urban survey released by the central bank yesterday showed that the willingness of domestic residents to buy houses hit a new low, with only 17.5% of residents intending to buy houses in the next three months; while the willingness of residents to save ended the downward trend for two consecutive quarters and soared by 2.2 percentage points to 36.8%.