The Effect Of Housing Transaction Taxes On Housing Price

With the rapid development of economy in our country, the demand of society is increasing, at the same time under the influence of inflation, the price level increased year by year, it makes the great influence on all aspects of people’s life, such as clothing, food, housing and transportation. One of the most serious is the housing price growing too fast and the industry of real estate excessive prosperity, under the push of developers and speculators of real estate, in many places there is a phenomenon that you can’t buy a house. It makes a bad influence on people’s life, so our country needs to solve the problem urgently.In recent years, In order to stable the real estate market, avoid the price of real estate growing too fast, our government published several regulation policies, such as increase the loan interest rate of the second house, limit to buy the second house, increase the payment of the first time, resident transfer the house must pay the individual income tax of20%and so on. The implementation of these policies has made a good effect on stabling the housing price, but can’t fundamentally solve the problem that the housing price always on the high level. An important reason that housing price is too high is that the real estate industry under the burden of higher taxes, especially in the part of transaction, many taxes transfer to the consumer. Based on the above reasons the price is increasing constantly. So, we need to change the tax system of real estate fundamentally, only in this way, can we solve the problem of high housing prices in a long time.This paper mainly includes the following content:The first part:Analyzes the background of this research, explain the research significance of this paper from the perspective of theory and reality, analyzes the present research of domestic and overseas, introduces the research contents and research methods of this paper, at last proposed the innovation and deficiencies. The second part:explain the house and housing transactions, state the current situation of tax about housing transactions, Analysis the kind of tax we need to pay in our country’s current housing transaction from the aspects of sellers and buyers and the taxpayer, taxation basis and tax rate of each tax, and give the summarize of the policy of tax preference in recent years. The third part:collect the data from Statistical Yearbook of China and several databases, analysis the graph of the change of the housing transactions’ total tax based on the process of the data and explain the reasons of every turning point. The fourth part:make the further process for the data of the third part, establish the model of housing price and the tax, use the linear regression, panel data and the VAR model to analysis respectively. Then make the empirical analysis to the data use the software of Eviews6.0, thus we can determine the direction and degree of the effect which the tax of the housing transaction influences on the housing price. The fifth part:According to the result of the empirical analysis, this paper put forward the problem of the tax on housing transactions combine the current situation of tax system of real estate industry in our country. The sixth part:Aiming at the problems of the tax on housing transactions, summarizes the advanced experiences of other countries and reference this experiences, from the aspect of optimizing the tax system, narrowing the differences of tax system in different region, consummating the real estate property registration to put forward the corresponding suggestions about consummate the tax on housing transactions.Because this paper needs to the amount of data, and It is difficult to collect the data, what’s more, the real estate property registration system and management system of our country are not very consummate, so, we have to make the relevant process about some original data, all of these could lead to the decline of the accuracy of this results.