ARTICLE
Volume 9,Issue 8
18 June 2021
The Impact of Property Tax on the Development of Real Estate Industry
Ruoke Hu ,
Fangke Li
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1
Wuhan Institute of Technology, China ,
2
Xi’an University of Posts and Telecommunications, China ,
PBES 2021 , 4(3), 73–75;
https://doi.org/10.26689/pbes.v4i3.2201
© 2021 by the Authors. Licensee Whioce Publishing, Singapore. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution 4.0 International License ( https://creativecommons.org/licenses/by/4.0/ )
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.
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