How much do You Know about Vacancy Rate? (I)

Time passed quickly. It has been in the third month since 2019, and the real estate tax fever has risen again, becoming a topic of public concern. Real estate tax is not a new topic, but every time there is a rush, it will touch the sensitive nerves of the real estate market. This is mainly because the real estate tax involves the interests of thousands of households. In the aspects of levying standards and collecting objects, it is necessary to solicit opinions and repeatedly demonstrate. The process has been slow. Therefore, in addition to the impact on housing prices, the focus of public opinion is to introduce time.galvanized steel tubing suppliers However, since the establishment of the principle of ”legislation first, full authorization, and step-by-step advancement” in 2017, the real estate tax has been accelerating, and it has released a clear signal of the implementation of the real estate tax law in 2019, and the context has been further clarified. . When it comes to real estate taxes, people can’t help but think of vacant taxes. As two of the two most demanding taxes, there are also many voices in the industry that vacant taxes will have an immediate effect in controlling housing prices, especially in balancing housing demand. Nowadays, the real estate tax is getting closer and closer, so is the possibility of levy tax collection? How far can the levy tax collection be?

Vacancy rate has long been concerned

  1. Authoritative departments pay attention.square steel tubing for sale There is no authoritative statistical data on housing vacancy rates, and official documents are rarely mentioned. In October last year, the former deputy minister of the Ministry of Housing and Construction, Qiu Baoxing, said in an interview that China’s housing vacancy rate was relatively high, and it was suggested that some problems in the real estate market be tempered by levying vacant taxes. This means that the problem of vacancy rate has begun to receive attention from authoritative departments.
  2. Relevant data statistics. According to international conventions, the reasonable range of vacancy rate is 5%-10%, and the vacancy rate risk zone is 10%-20%. In 2015, the China Real Estate News had a research report, and the overall level of housing vacancy rate in China was between 22% and 26%. In 2018, the China Household Finance Research and Research Center of Southwestern University of Finance and Economics also made a research report. The current vacancy rate in the second and third tier cities is 22.2% and 21.8%, respectively, higher than the vacancy rate of 16.8% in the first-tier cities. In addition, the report also shows that there are about 65 million vacant houses in urban areas in China in 2017.
  3. There are precedents at home and abroad. Like real estate taxes, vacant taxes have already set precedents at home and abroad. The Dutch and Swedish regulations are basically similar, and if the house is permanently vacant, it is required to be rented to others at a low price.steel coil manufacturers In Hong Kong, China has also started to levy vacant taxes on new houses last year. For more than one year or more, vacant taxes are imposed based on 5% of house prices. The author believes that the levy tax collection for the incremental market is obviously to combat the developers’ reluctance to sell, thus avoiding the rise in housing prices caused by insufficient supply.

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