Shanghai's real estate tax rate of only 0.6%, compared to foreign tax rate, the tax rate is still relatively low. Even the need to buy two suites Shanghai family, if it is a three person, just to house a total area of 180m2 or less in control do not need to pay tax. Even investors in residential, rental is also required to pay a greater than its real estate tax, for example, Xuhui District, a 150m2 housing, the total price of 500 million, the monthly rent is 7,000 yuan, thereby calculate an annual payment of real estate tax is 500 * 0.7 * 0.6% = 2.1 million, while rental income could reach 84,000, so there is no other more suitable investment channels, invest in real estate is still a good choice. But at the same property tax increases the cost of investment, after all, which for some small investors still reached a certain crackdown.
Chongqing, the starting point is a collection of single-family commercial housing, high-end residential and non-working without household registration in Chongqing enterprises outsiders without buying second homes, and the Chongqing government's philosophy is "low-end secure, end market, high energy containment "It can be seen mainly in Chongqing rich class and in the field against real estate speculators, for the ordinary people did not cause a greater impact.
From property taxes have also been enacted in the past more than one month, and now Shanghai after the promulgation of the rules identified within one month of the taxable property has 133 units, of which there are 129 sets of compliance rate of 0.4%, Chongqing also identified 17 sets of taxable property. By the trading volume can be found after the promulgation of the property tax, the Shanghai luxury residential market impact is relatively large, the whole month of February, only 29 sets price above $ 50,000 mansion sold, and the inner volume also fell sharply .