The Research On The Finance And Taxation Policies Of Affordable Housing In China

Land to the tiller and home owner has the housing, this is Chinese good desire sincethe ancient times. According to Maslow’s hierarchy of needs, housing is the most basic andthe most primitive requirement of human existence. Housing is the basic, along with thevigorous development of the real estate market in recent years, the rapid rise ofcommercial housing prices, housing has become a happy life affect people one of theimportant factors, especially in low income stratum, house prices rise much faster than theincome of urban and rural residents growth. According to China’s academy of the2011issued by the economic blue book of Chinese, China’s current85%of families do not havethe ability to buy a home. For low-income groups, especially for the poor community,housing consumption ability is insufficient, no government intervention, pure dependingon market, not only cannot solve the housing market long-term supply problems, capitalfor profit by the negative effects of the housing market disorder. Face of constructingsocialist harmonious society historical mission, the government must guarantee of thelow-income in housing. Therefore, establish and perfect the system of the low-incomeaffordable housing, is to the market mechanism of necessary supplement, and it is also thenational important part of social security system。Finance and tax policy is the country’s participation in the national income, anddistribution of a kind of important means, affordable housing financing depend mainly onfinancial and tax work, solutions of the low-income housing problem, finance and taxpolicy is must consider one of the problems. This paper anlyse the affordable house fromthe theory. From the current research status of the implementation of affordable housing,affordable housing analysis of China’s problems in the system, and analyzes the reasons.Reference typical countries and regions of the practice experience, summarizes the to ourcountry to establish and perfect the system of affordable housing significance and putsforward the perfect our country’s system of affordable housing fiscal and taxation policySuggestions. Full text is divided into five parts:Part1: introduction. This paper introduces the background and significance, domesticand foreign literature review topic selection, this paper studies the thoughts, research methods and main innovation points.Part2: the related theory of affordable housing. Mainly introduces the relatedconcepts and affordable housing for affordable housing construction theory basis, such asthe market failure and government intervention theory, public goods theory and welfareeconomics theory, and so on.Part3: China urban affordable housing system present situation and problem analysis.Looking for affordable housing in the development history of the system was introducedon the basis of our country affordable housing system present situation, and refers to theexisting problems, and the affordable housing development system caused by not perfectanalysis of the causes.Part4: experience for reference. The article respectively on the Hong Kong andSingapore’s affordable housing system implementation and development have beenintroduced with analysis of the place for reference.Part5: policy Suggestions. This article from the perfect financial policy, give full playto the leverage of tax policy, reasonable definition of the central and local governmentpowers and property, perfect the land grant fee system, and improve the relevantsupervision mechanism and so on affordable housing put forward some Suggestions.