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Levying House Property Tax And Lowering House Price

2010/11/8 9:44:00 30

Property Tax Foundation Economy

Reporters learned from the China Development Research Foundation today.

fund

The newly released "China Development Report 2010" suggests that due to the fact that the land urbanization process is faster than the speed of migrant workers entering cities, migrant workers who voluntarily settle in cities should be included in the housing security system and assistance scope.


The China Development Research Foundation is a non-profit Think Tank Foundation sponsored by the State Council Development Research Center.


The theme of the report recently released is "China's new urbanization strategy to promote human development".

Yang Weimin, Secretary General of the national development and Reform Commission, is one of the main points of the report. He disclosed that at present, the urbanization process in China is very fast, which surpasses the speed of migrant workers entering the city.


Urban development and expanding population need to expand urban space to rural collective land.

According to the report, China's urbanization rate will reach 65% by 2030.


This means that 20 million migrant workers enter the city every year. By 2030, 400 million migrant workers and their families will be settled in cities and settled down, so that these people can enjoy the same public services and rights as the original inhabitants of the city.


Migrant workers in cities are at a disadvantage in housing, medical care, education and so on.


The report suggests that the relevant government departments should expand the supply of urban residential land, reduce land prices and levy taxes.

Property tax

And many other measures, in general, reduce the price of urban commercial housing, expand the supply scale of low rent housing and public rental housing substantially, and integrate migrant workers who voluntarily settle in cities into the housing security system and the scope of assistance.


The eligible migrant workers should be included in the scope of low rent housing assistance.


Exploration by collective

Economics

The organization uses rural construction land to build apartment for migrant workers, which is targeted to lease migrant workers and other settled population.


For the settled migrant workers who buy affordable housing and limited price housing in the city, the government should give support to the commercial banks by way of reducing the proportion of the first payment, extending the repayment period, paying taxes and interest rates.

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