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Chapter 737 Property Tax

"Today, Guangxi Province held a seminar on the property tax collection plan. The countdown to property tax collection in Guangxi Province has entered..."

"Curb real estate speculation and follow the principle that houses are for living. Exemptions will be made for those who just need it, and punitive cumulative taxes will be imposed on those who own multiple houses..."

"To speed up the process of real estate networking in Guangxi Province, it is better to ban transactions by netizens..."

The craze for the new real estate policy has not yet subsided, and a bigger announcement came out. Guangxi Province will levy a real estate tax and use tax to balance leverage.

The principle of taxation is that those who are in immediate need are exempted from the tax, those with multiple houses are taxed more, and affordable housing is subsidized. To put it simply, those who have money are taxed more, those who have no money are not taxed, and those who are short of money are not only not taxed, but also given

subsidy.

At the same time, punitive real estate tax policies are implemented. For example, for those with five or more houses, the real estate tax rate increases with the number of houses.

For example, if you own five houses, then maybe only one percent of the property tax is levied on each house. But if you have one hundred houses, then after excluding these five houses, the tax rate on the remaining ninety-five houses will gradually increase. Maybe

The tax on your 100th house may be 40% or more.

As for how to collect taxes, how much money should be collected, etc., they are still being discussed in detail. But this discussion is like a bomb that has been thrown into the real estate industry in Guangxi Province.

Especially the last news, Guangxi Province has fully implemented the real estate registration network. All real estate must be registered online, so that Guangxi Province will know exactly how many houses you have under your name.

Sales are not allowed without the Internet. At the same time, Guangxi Province conducts real estate registration inspections across the province. Inspections and registrations are conducted community by community.

Because this is directly related to the issue of property tax collection, local governments are now very active. Selling land cannot be counted on. With so many liabilities, they can only rely on property taxes, so they are very active in real estate registration.

The main purpose of this property tax collection is to change the revenue status of the government's finances. From the original land sales to the current taxation. Selling land can make money quickly, but it is a vicious cycle.

Taxation is a little slower, but it is stable. Not only will property taxes be levied, but house rentals will also be levied. At the same time, the house rental market will also be strictly rectified. In a word, fiscal revenue will be increased within a reasonable range.

.

After the news came out, no one thought that Guangxi Province’s crackdown on real estate this time was a joke. This time Guizhou Province was determined to suppress housing prices.

Li Yunwei's resume has also attracted the attention of many people, and everyone swallowed their saliva after paying attention. Li Yunwei has always been known for being vigorous and resolute.

He is also a reformist, and now Li Yunwei is the leader. Now real estate has become the focus of reform, and the trigger of this incident was the departure of Longteng Group.

Control real estate, develop industry, and tourism. This time, Guangxi Province's step is really ruined. How can they not know the impact of real estate on economic growth.

There are disadvantages in the short term, but if you look at it in the long term, no one can say for sure about the future of Guizhou Province.

As soon as the New Deal came out, the real estate speculators were completely panicked. And people who were hoarding a lot of houses were also panicked. Many people had bank loans for their houses.

Now that the New Deal has come out, house prices have fallen, but bank loans have become more and more expensive. Things like houses are worth how much they are worth, but they only count if they are bought.

If it is not sold, it is just a house. You cannot eat or drink it, and you have to spend money to maintain it. When the property tax is released in the future, you will have to pay a lot of money for these houses every year.

Real estate agencies in Guangxi Province suddenly became busy, with a large number of second-hand houses flooding into the market. Moreover, many landlords demanded that they be sold as soon as possible to repay the money.

Especially those real estate speculators. They want to get out now. If they don't get out, it will be too late.

A large number of houses appeared, and house prices began to fall, but there were almost no buyers. Especially in Lanhai City, some houses dropped by 2,000 yuan per square meter compared to the previous few days, but no one bought them.

Only when the tide recedes can you see who was swimming naked. The same is true for real estate in Guangxi Province. With a policy, the real estate boom in Guangxi Province began to recede. In the end, who was swimming naked was slowly revealed.

Things have changed, Gui Province has really changed. The eyes of all people across the country are on Gui Province.

"Hey, I'm stuck. I bought three houses in Guizhou Province before, and I just handed over the house today. I'm not allowed to trade within five years, I can't live in it, and I can't sell it, hey..."

"Two houses in Lanhai City were bought a year ago, but they can't be sold now..."

"I work for an agency in Lanhai City. It's so miserable. I haven't sold a house in the past few days..."

"The real estate speculators in Lanhai City are in trouble. The houses can't be sold at all..."

"Whoever buys a house in Lanhai City is a fool. Even Long Teng has left, who will buy it..."

"House prices in Lanhai City are too high. The location is not good, and it is not suitable for winter..."

On the Internet, a piece of news began to spread. Everyone was talking about the new real estate policy in Guangxi Province. From these discussions, it can be seen that the price of houses in many places has really dropped.

Housing prices have dropped, so has the volume of transactions. Coupled with the overwhelming publicity on the Internet, real estate speculators in Guangxi Province have been shut down and beaten.

The funds are locked in and cannot be released, and no one buys them when the price drops. Many real estate developers are also in trouble, especially the recently opened properties. In the past, some new properties were opened and all were snapped up.

Nowadays, no one is buying it. Many properties that have not yet been launched have postponed their opening date, just to take a look.

But after the postponement, they were also troubled. If it was really after May 1st, they would have to sell the existing house, and then they would be under greater financial pressure.

Due to the New Deal, banks have also adjusted their policies in Guangxi Province. Banks have tightened, and it is difficult to even get mortgage loans, let alone real estate companies, especially some small real estate companies. All of a sudden, funds are tight.

While Guizhou Province was busy, a meeting was being held within Longteng Group. The content of this meeting was related to real estate.

Longteng short-term rental, this is the purpose of this meeting. Utilize the vacant houses, Longteng Group will conduct unified management, and then share a certain proportion of the rent with the landlord. This is the business philosophy of Longteng short-term rental network.

There are a lot of empty houses lying idle now. If these restricted houses are utilized, resources can be greatly saved.

The unified management of Longteng Group also reassures consumers and landlords. After all, the reputation of Longteng Group is here. Everyone is still very relieved about Longteng Group. This plan was planned a long time ago, and now it has finally arrived.

The stage is ready for implementation.


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