The Impact of Property Tax on the Development of Real Estate Industry
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Keywords

Real estate industry
Economic growth
Property tax
House prices

DOI

10.26689/pbes.v4i3.2201

Submitted : 2021-05-19
Accepted : 2021-06-03
Published : 2021-06-18

Abstract

In recent years, due to the rapid development of the real estate industry in China, land speculation has begun in addition to the significant growth in economy. However, this rapid development has led to an extreme rise in housing prices, largely owing to high property tax. This article analyzed the impact of property tax on the development of real estate industry and provided countermeasures.

References

Zhang R, 2020, Research on the impact of real estate tax on the real estate Industry. To Pay Taxes, 31.

Li F, 2020, Research on levying real estate tax. Shanghai Commerce, 05.

Fu X, 2020, Analysis of the impact of real estate tax reform on the real estate market. China’s Collective Economy, 16.