Housing market trap and live upside down representative suggested business building transfer reference ordinary residential tax

Source: Internet
Author: User
Keywords Price tax office building residential
Tags analysis business cost development direct economy enterprises enterprises can
Recently, the Municipal People's Congress representative Tibao wrote a written opinion and will be held next week in Shanghai "two sessions" on the submission.  In his written comments, he analyzed the most direct reason of "Shang and Zhu Upside down", and proposed "the transfer of commercial building reference ordinary residential tax" to reduce the cost of office transfer. On one side is the housing market "high fever", while the vacancy rate of office buildings and shops remain stubbornly persistent--the property market is trapped in the imbalance of "Shang hang upside down".  The dominant result of the abnormal development is that more and more enterprises, especially the private enterprises can not afford to buy office room. Tibao analysis, "Shang Hang upside down" shows that the housing bubble has accumulated trend, but also shows that the real economy has not yet completely warm, demand atrophy. It is reported that a healthy real estate market, similar lot of commercial real estate projects prices than residential projects more than 30%. When the house price is higher than the office prices, it is known as the industry "price upside down." According to statistics, from 2006 onwards, the Shanghai housing market price increases gradually accelerated, gradually exceeding the surrounding office prices.  Since 2006, the price of office building transactions has generally risen by only about 15% to 20%. At present, Shanghai "Shang hang upside down" phenomenon abounds in all regions. For example, the Putuo Long March plate, Pudong Jinqiao plate and other relatively superior areas of office buildings, residential prices upside down obvious: Jinqiao sales office in the international sales price of 13000-17000 yuan/square meters, while the same area of the Golden Bridge, the net reference price is 28000 yuan/square meters  , located in the Suzhou Riverside, the prime location of the commercial plaza, Watson Business Square is now priced at 20,000 yuan per square metre, located in its vicinity of Kerry Night City Zhuo Yue (west), the same as near the Suzhou River, so far the highest price has reached 28,000 yuan/square meters. Tibao that the root cause of "Shang-hang upside down" lies in the defect of "commercial and residential" transfer tax system design. The tax on residential transfers is low, and the tax on the transfer of commercial housing is surprisingly high. In the case of a comprehensive collection rate, the tax on the transfer of housing = the transfer income x (6.5% or 6.4% or 6.2%), the tax on the transfer of commercial or non-housing = transfer income X (7.5% or 7.4% or 7.2%). That is to say, the actual tax paid on the investment is about 50.5% of the total value added, and half of the investment profit is paid for the tax. In addition, housing investment, such as for rent, still involves a lot of taxes, such as rental income should be paid business tax, urban construction tax, education fees additional, real estate tax and personal income tax. In addition, commercial buildings are affected by the real economy and, in the global economy as a whole, investors will not easily invest.  For some of the investors, pay attention to or immediate, short-term returns, often will go to invest more can reflect the performance of the housing, the market is fiery, can receive "immediate" effect; compared to business, investment in residential property than investment in commercial real estate risk is much smaller, and the cycle is much longer. "Residential is the means of subsistence, Office is the means of production." Such high taxes inhibit the transfer of commercial buildings, which is not conducive to the real economyExhibition。  "Tibao that reducing the transfer of commercial office space is imminent. In his written comments, he suggested that Shanghai is transforming its economic approach and vigorously developing its private economy. Enterprises should be encouraged to buy office space, promote enterprises to increase investment in fixed assets, encourage enterprises to establish research and development institutions, increase investment in research and development, so that enterprises improve product technology, enhance the core competitiveness of products.  At the same time, the company has perseverance, to increase the confidence of sustainable business, reduce the lack of fixed operating venues, bankruptcy after the insolvency of debts can not deal with the social phenomenon. He said that further reduce the cost of office transfer, conducive to enterprises to expand or reduce the development area or office area according to the operating conditions, but also conducive to encouraging private investment, encourage private capital into the third industry, service trade scope.
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