Real Estate Oct 24, 2021 06:29 PM (GMT+8) · EqualOcean
Financial Associated Press, October 24, Ren Zeping's team issued a document saying that since the real estate tax is mainly levied on a pilot basis, the tax intensity may not be too large at the beginning, step by step. In the short term, the current real estate market has light sales and the land market has a large flow. Therefore, the introduction of real estate tax at this time point has great pressure on the market, and the specific impact depends on the tax intensity. In the long run, the impact of real estate tax on specific regions still depends on the relationship between supply and demand.

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