Starting from the gradual rise in house prices and the fact that speculators have become the beneficiaries of the property market, many buyers are looking forward to the implementation of the property tax, believing that the implementation of the property tax can inhibit the behavior of speculation, and will also increase the cost of holding the house, so that the vacant house flows to the market. The real estate tax pilot was mentioned in the Decision on Authorizing the State Council to Carry Out Pilot Work on Real Estate Tax Reform in Some Regions at the Standing Committee of the National People's Congress on October 13, 2021. The pilot promotion of real estate tax will cause these 4 types of people to suffer, and one of them is still encouraged.
First, speculate on tenants
Shanghai has long begun the pilot of real estate tax, although it is different from real estate tax, but the purpose is the same, that is, housing is not speculation. The collection method in Shanghai is to give a deduction of 60 square meters of tax-free housing area per capita to Shanghai residents, and the excess area is subject to real estate tax. According to the implementation plan of the real estate tax pilot implemented in Shanghai, the housing area in the hands of speculators far exceeds the per capita tax-free housing area, once the real estate tax is levied, the cost of holding the house of the speculators will increase again, the original house price fell, the sales decreased, it has begun to let some speculators lose money, the implementation of the real estate tax will make all the speculators face losses.
Second, housing enterprises
The scope of the real estate tax pilot will be wider, including all kinds of real estate such as residential and non-residential use, and the taxpayers of real estate tax also include land use rights holders and house owners. This makes home buyers and housing companies the target of real estate tax. Before the house was sold, the land use right and the ownership of the house were owned by the housing enterprise. In the past year or so, in order to cope with the "three red lines", many housing enterprises have repaid their debts with cash reserves, and sales have become the most important source of cash, but the sales in 2021 have been cold, making the repayment task of housing enterprises unable to be completed, and the implementation of real estate taxes has reduced the reserve funds of housing enterprises again, and the repayment pressure has increased sharply.
Third, people with mansions
Like Shanghai, Chongqing has long begun the pilot of real estate tax, which is collected differently from Shanghai, which increases the real estate tax on single-family commercial houses owned by individuals or newly purchased high-end houses. High-end housing refers to housing with a floor area transaction unit price of more than 2 times the average construction area of newly built commercial housing in the nine districts of Chongqing's main city in the past two years. The mansion belongs to the category of high-end housing, and the construction area of the mansion is also large, so the mansion is in line with both Shanghai's expropriation method and Chongqing's expropriation method. No matter which way the real estate tax is levied, people with luxury homes cannot escape.
Fourth, people without rooms
People without housing are encouraged to implement real estate taxes, but in fact, after the implementation of real estate taxes, they will also be hurt, which involves the transfer of losses. People without a house always need a place to live, that is nothing more than renting, and if the landlord has multiple properties, it will become the object of real estate tax, which will become the cost of the house, the landlord does not want to bear, can only pass on the cost to the tenant. Therefore, after the real estate tax is levied, people who do not have a house will face the risk of rising rental prices.