Even If Property Tax Is Introduced, It Will Not Spread Across The Country.

Concerned

Property tax will be promoted in batches.

Recently, the real estate tax pilot scheme will be introduced, first in Shanghai and Chongqing pilot, and then spread across the country.

A few days ago, more authoritative figures predicted that the central economic work conference might launch a pilot scheme for property tax.

However, the central economic work conference closed on the 12 day did not mention the real estate tax pilot scheme.

When the property tax pilot starts, it is still a suspense.

Wang Juelin said at the forum that the introduction of the real estate tax will not lead to a nationwide situation, because it can not be done.

Only when a city's conditions are ripe can it be applied and approved by the State Council.

But he also poured cold water on the property tax, saying that it was not property taxes that could solve the housing problem.

"We see the property tax is too high, the problem of the property market is not a tax issue, nor is the market itself able to solve it."

He said that China's real estate market is an incomplete and immature market, which is greatly affected by various factors, and there are many problems in the development of the market.

Therefore, it is normal to adopt some policies to adjust the market from the stage.

But if the real estate market wants to develop in a sustainable and healthy way, it must involve management measures and means, that is, legal system management.

Forecast that prices will stabilize next year.

Wang Juelin also said that China's property market regulation has achieved a phased effect.

First, housing prices have risen from high to stagnation, and then to loosening.

Secondly, land competition has slowed down and land supply has increased significantly.

This year, the state land supply is 160 thousand hectares, and last year it was 90 thousand hectares.

This year's land supply is actually equivalent to two times more than the average supply in previous years.

Third, the proportion of investment buying houses has dropped significantly, because speculative investment targets have been restricted.

Fourth, the construction of affordable housing has entered the fast lane.

Judging by the trend of the development of the real estate market in 2011, Wang Juelin thinks there are four key factors.

First, the policy anticipation has extended the market's waiting period. As time goes on, the sales volume of housing will increase.

Two, with the increase of land supply, the tightening of loan policy, the restriction of consumption policy, the fluctuation of house price and land price will also stabilize, and there will not be a big rise or fall.

The three is the tilt of consumption policy. Rigid investment demand will become the main body of consumer market and speculation will also decrease.

Four is economic stability, the real estate industry development environment is optimistic, real estate investment, land development momentum is not reduced.