The Impact of Residential Real Estate Market by Property Tax
Property tax levying will make a huge impact on residential demand, residential supply, even the whole residential property market. It plays a vital role to the healthy and stable development of the residential property market. Although levying the property tax is very difficulty, it is the inevitable trend of development. In the long run, levying the property tax not only conform to the national interest, but also conducive to development of the real estate and the interests of residence buyer.
Hui Li, Yan Feng Liu, Ming Guo, Rui Zhang and Jing Du
Z. S. Yang and J. Shan, "The Impact of Residential Real Estate Market by Property Tax", Advanced Materials Research, Vols. 374-377, pp. 2452-2455, 2012