Rumors swirling in empty game house prices do not call up property taxes or accelerate

Source: Internet
Author: User
Keywords Property tax Callback
South reporters Sinling Central announced the gradual promotion of real estate tax, Shanghai, Hubei, Hunan, Chongqing, a few days ago will be the pilot levy of real estate taxes news. At the same time, the market rumors Vanke will start in June to reduce prices nationwide. It is said that Vanke in Beijing, Suzhou, Guangzhou and other parts of the real estate has been a disguised price adjustment, and the next will be "more large-scale price adjustment."  But Vanke has not confirmed. Rumors, the government and developers you come to me, the empty game, the market mood with the tension. I don't know when the rumors will be confirmed or when the boots should be landed. Will the property tax be levied or not in this year? Is the house price falling or not?  Maybe it's time to look at the game's kung Fu and the results. Rumours swirling in the empty game at the beginning of the year to the end of the dense regulation of April seemed to come to a close, May 31, the central announced the push of the property tax.  In the last three days, the news that Shanghai, Hubei, Hunan and Chongqing will be used as a pilot city of real estate tax has been reported. April 8 This year, Shanghai is ready to introduce a housing tenure tax, and "the basic plan has been determined."  According to the contents of the draft disclosed, the starting point in the per capita housing area of more than 70 square meters, the tax rate is 0.8%. June 1, Hubei Province, the tax bureau revealed that Hubei is currently simulating commercial property, will originally be based on the original value of the property to the value of the assessment, that is, the market value of the tax. Sources said that Hubei and Hunan provinces will carry out the first pilot reform of property tax, the Hubei provincial development and Reform Commission in the reform plan submitted to the Ministry of Finance, to be in the Wuhan comprehensive reform test area to implement the property tax reform, the relevant taxes and fees will be merged.  It is reported that from 2003 onwards, the Ministry of Finance and the State administration of taxation in a number of provinces and cities to carry out real estate simulation assessment pilot work. June 2, Hunan Province confirmed that the study on commercial real estate first pilot Levy property tax, the relevant City pilot property tax applications are awaiting approval. On the same day, Chongqing Financial Secretary Liu Wei said Zhongqing has put the housing tax reform plan reported to the central government, is currently awaiting approval.  Liu Wei described the levy of a property tax "everything is all right, only the East Wind", the programme once approved by the central government will be released at the first time. For a time, the local property tax seems to be the storm. Yesterday, the Shanghai municipal Government News Office held a "public rental room ventilation meeting" notice, but also attracted public opinion, thought will disclose property tax rules, but the result is not mentioned.  Including the above mentioned property tax pilot rumors, at most also in the reporting stage, the approval of the implementation or not, is unknown. and sensitive situation, developers also smoke bombs, for house prices suddenly say "drop", a word "not down", great Ann can identify my potential. According to media reports, because of the market volume of the downturn, "leading brother" Vanke will start in June to reduce prices nationwide. Moreover, Vanke in Beijing, Suzhou, Guangzhou and other parts of the real estate has been a disguised price adjustment, and this time the adjustment will be "more large-scale price adjustment."  But Vanke has not confirmed. Rumor that the government and developers you come to meTo, the empty game, the market mood with tension unceasingly. I don't know when the rumors will be confirmed or when the boots should be landed. Property tax, is it levy or not? Is the house price falling or not?  Maybe it's time to look at the game's kung Fu and the results. House prices do not back up the property tax or accelerate the "real estate tax" may start in the second half of this year pilot.  Li Wenjiang, chief market analyst, said that the current property market has not been stable, and it is expected to have more than half a year to control the real place. Li Wenjiang Analysis, the central meaning is very clear, that is, the property tax should be gradually pushed forward, that is, will not soon be a large-scale levy; but at the same time, as a step forward, will choose some pilot cities to start. At present, Chongqing, Shanghai and other sites of the pilot program has been reported.  In particular, Shanghai, speculators gathered, almost on average have 3 suites, very suitable for levying property tax. After the early intensive regulation, the Government also considered levying property tax, because the current property market regulation is not in place, but also to prevent the rebound after regulation. Li Wenjiang Analysis, the property market speculative capital surges, if not from the fundamental evacuation of these speculative funds, even if a temporary regulation of housing prices, will still rebound, and even more crazy, as in 2007.  And the introduction of property tax, as well as the corresponding opening of other areas of investment, to a certain extent, private capital can be directed to other industries, but no longer focus on the property market. Whether the Prophase regulation will achieve obvious effect will directly affect whether the government will speed up the introduction of property tax. Fu Be, a real estate rating analyst, said in an interview with South China News agency, although in the past one months, the major cities in the market volume has dropped significantly, Beijing fell 60%, Guangzhou fell 30%, but the decline in house prices is not obvious. In the view of the S & P, housing prices turn downward and clear the direction of correction, should be the primary indicator of the effect of regulation. "The government will wait for the early regulatory policy to come into effect," Fu Be said, "but if house prices are to be delayed, especially in the case of developers feuds, the government will continue to regulate and possibly speed up the tax on property."  "Fu Be said. Developers can withstand the housing price drop 15% in fact, since the beginning of this year's property market control policy is not harsh, and even has been evaluated as the most severe, but developers have been reluctant to reduce prices.  What is the reason for its strength? First, compared with the 2007-2008, developers have relatively abundant funds, and have the experience of coping. Fu Be, a ratings analyst, told South reporters that, according to the S & P observation, compared with 2007-2008, developers ' current business strategy is generally stable and less radical.  From the current point of view, most developers capital chain is not a nervous. Second, the real estate tax mainly affects investors, the first home purchase and improve the impact of housing, developers are aware of this.  Li Wenjiang, chief market analyst, told the south reporters, regardless of when the real estate tax levy, developers are looking forward to early determination, policy early clarity, so as to eliminate the market wait and see expectations, accelerate the pace of rigid demand purchase. However, developers may not be able to survive long,The price will be reduced sooner or later. Li Wenjiang said, although the developer is not yet the time to spend money, but next unless the developers do not buy land, do not start, it is bound to reduce sales, the withdrawal of funds. According to the brilliant calculation of the rich, developers adhere to the maximum three months, Guangzhou house prices will be cut.  And the drop is at least 10%. According to the glorious statistics, flowers and other regions due to large turnover and light, thereby pulling down the overall average price, is expected to May Guangzhou 10 district average price from April 11500 yuan/square meters down to 10,000 yuan/square meters, down about 10%. But Li Wenjiang stressed that this is not really a downward adjustment, because prices in other regions have not been lowered. He predicted that the next non-central city of Panyu and other urban housing prices will be lowered, so as to achieve a structural decline in housing prices more than 10%. Only then can the turnover be promoted.  And developers want to change the light of the situation, not to reduce prices. Published sales figures show that the Guangzhou Fuli real Estate May contract sales of 1.253 billion yuan, sales area of 106,000 square meters, the monthly decline of 49% and 42%, Longhu real Estate sales contract in May is expected to be 1.5 billion yuan, the chain down about 40%  Shimao Real estate completed about 1.55 billion yuan sales in May, down 38% on the chain. According to the estimates of the S & P, house prices were cut by 10% to 15%, all within the affordability of the developers. In addition, according to the report of the Real Estate Research Center, if 2010 sales fall 30% than the predetermined level, Greentown real estate, Poly Real Estate will be the largest capital shortfall of enterprises, the average capital gap will reach 13.6 billion yuan, Greentown real estate, Cofco real estate, etc. will be the worst compressive capacity. According to Citi analysts, the listed real estate companies, Hengsheng Real Estate, Sino-Ocean Real estate will face greater challenges. Obviously, for developers, it is a more cost-effective option to lower prices in a tolerable range than a sharp drop in sales.
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