An Empirical Study On The Impact Of Property Tax On Housing Prices

Property tax pilot implementation of the policy has been three years, the current policies remain stagnant. Then whether property tax can have an impact on prices, if they can, why not reached satisfactory results.Or real estate tax itself simply can’t competent for suppression of the burden of housing prices, fluctuations in prices impacted by other factors. Solve these problems help to sum up experience, to further specify the direction of the real estate tax policy and housing policy.This paper uses the combined method of theoretical analysis and empirical analysis. First summarizes the origin, function and property tax in the tax law system status. Another chapter of theoretical basis of the impact of property tax on housing prices. Under the guidance of the theory, model building, choose the appropriate variables, using time series vector auto regression model (VAR) method, to study the long-run equilibrium relationship and Granger causality relationship between house prices and property taxes and other factors.