The Analysis Of The Impact Mechanism Of Real Estate Tax To Housing Price

The sustainable development of the real estate market has the balance of powerin Chinese society. While as a measure of the major indexes of the real estate market,house prices stay the foundation of system of status the price system. In recent years,house prices keep rising all the way in our country, which goes against the fairdistribution of wealth and the development of social economy. So the governmentattaches great importance to the regulation of real estate, and takes a series of fiscaland monetary policy. Among them, the implementation of the real estate tax is animportant measure which focuses on abnormal fluctuations of house prices. Theadvanced experience from foreign countries shows that real estate tax can be effectivein regulating the real estate market. However, Chinese real estate tax system is notperfect, so that the control effect is not obvious. Therefore, the research of real estatetax to the house of the influence mechanism and putting forward the suggestionsconforming to actual real estate tax system play an important role on the real estatemarket regulation which is of great significance for realizing the sustainabledevelopment of society and economy.On account of western economics, finance, econometrics and other moderneconomic theory, this paper bases on the actual situation of the real estate tax and theprice of the house. At the same time, it explores the theoretical basis and policymeasures that perfect real estate tax system, optimize the real estate market regulationin view of quantitative and qualitative analysis of the effect to the real estate tax to thehouse on the basis of the mechanism, which strengthens the effect of regulating realestate tax to the house. Firstly, this paper defines related concept of real estate taxesand house prices, and analyzes positive and negative effect to the influential theorymechanism of real estate tax and the house and real estate taxes. Secondly, itexpounds the present situation of real estate tax and house prices in our country, andproposes the effects of house prices to real estate tax. And then on the basis of the testof the relationship from real estate taxes and house prices in China, it uses panel dataon the point of view of the public expenditure for the empirical analysis of themechanism of China’s real estate tax to the house. At last, it analyzed theeffectiveness of monetary policy and price policy to control prices, according to theactual conditions of our country, it puts forward the policy suggestions about perfecting estate tax system in order to adjust housing prices.By studying the related research results, this paper mainly tries and explorationsfrom the following aspects. First, through the qualitative analysis and quantitativeanalysis and contrast analysis, it fully discusses the influence of real estate tax tohousing prices. Second, through carried on the real diagnosis analysis, which makesuse of panel data, it does a more reliable conclusion. Third, it analyzes the measureson perfecting real estate tax system, and puts forward the specific policy measures。...