speculative investment and housing needs FoundationExtrusion

Beijing commercial housing standards relaxed, purchase sale two sides reduced tax burden up to $ 100,000 more than the evening of November 25, Beijing Municipal Commission of housing and urban-rural construction together with the municipal Bureau of local taxes, preferential treatment of commodity housing in General, introduced the new standard. What sets new standards at this time? This will give buyers what are the effects? Regulation process will affect the property market? Very closeNote. Different regions, purchase sale two sides over tax relief more than more than 70,000 dollars to more than 120,000 Yuan last revised general housing standard is in Beijing in November 2008. In accordance with prevailing standards, in addition to "community of plot ratio and 1 (inclusive) or more, single cover an area of 140 (including) square following" two fixed things, as far as the price, the actual transaction price, respectively at the top of the threeRing up $ 2.58 million, three-ring between the four ring $ 2.1 million, four-ring between the five rings $ 1.98 million, outside of the five rings of $ 1.2 million. As the last 3 years the capital rise in house prices, unchanged in standards led to some medium and small apartment houses located in four or five ring "Mansion", do not enjoy a normal housing contract concessions, causing home buyer dissatisfaction. If people in the fiveRing purchased a complex of Daxing District, an area of 88.08 square meters, the sum of the $ two-bedroom, because beyond the upper limit of $ 1.2 million, according to a rate of 3% to pay taxes. While his colleague within the five-ring area, not far from purchase price similar properties, because the upper limit of less than $ 1.98 million, deed tax concessions can enjoy the 1%. In this context,Beijing construction Committee this year in conjunction with the related departments in a large number of research and demonstration many times, forming standard adjustment programmes. New standards in terms of price, no longer ad price, but by contract price found. Standards by the city's average trading price of housing in different regions with location adjustment coefficient. Factors of the adjustment coefficient, apart from considering the link, also considered South and North are case sensitive. IndustryPeople think that, in accordance with the Beijing property market realities. Because of historical reasons, no small price difference between South and North. Numerous real estate transactions in the past price exceeded only, under the new standards, buyers will be able to enjoy preferential or 1.5% the deed tax, House for sale would be exempt from sales tax. According to the calculation chain real estate market research department, in different regions, purchase sale twoDeed tax and business tax cuts range of more than 70,000 yuan to more than more than 120,000 yuan. For example, referred to above, $ 1.54 million the total price of the property, in the past should pay the deed tax, that is, $ 3% to $, you only need to pay $ 1% per cent under the new standards, reducing the tax burden of $ 30,800. If more than 5 years of second-hand housing, coupled with the exemption of business tax,Total tax relief will be more than $ 70,000. Such buyers in Daxing, Fangshan district, and other "just needs" people first-time home buyers focus area, are a great group. Implementation of the new standard will greatly increase their purchases of chips. To improve and some "one-step" rigid buying demand, according to old standards in the past, six housing area within the loop once over 90 squareMeters, are classified as "non-home". Under the new standards, as long as not more regional price cap star wars the old republic, you can select the 90 square metres to 140 square metres of housing, taxes reduce the amount over $ 100,000. But at the same time, industry analysts say, because the new standard ad unit price determination, in the hotspot area or areas of scarce housing, some in price termsIs a "common house" of small apartment, because of the high price, exceeds the new standard, will not be able to enjoy the deed tax benefits after new rules execution. Adjusting standards of ordinary residence, contact Beijing sets new standards and regulation goals do not necessarily notice stated "as a reasonable guide housing consumption". For the adjustment, Beijing construction Committee officials said the new programmes take full account of recentBeijing urban development and housing changes in recent decades, more reasonable, consistent with normal housing standards coverage will have a certain degree of improvement, more families will enjoy corresponding preferential taxation of the purchase, to the maximum support of ordinary households in owner-occupied housing demand. Has not previously adjusted cause, industry analysts said it was meant to stabilize housing prices, inhibit investment in speculativeHome buyer demand. But as three years is not stressed, ordinary housing standards do exist found is too low, the market does not match the facts swtor power leveling, and other issues, increased the real estate pressures of some middle-and low-income populations, the impact of the demand, it is necessary to adjust. At present, Beijing real estate regulation have achieved some positive results, an opportunity to become the general housing standard adjustments. First, speculative investment and housing needs FoundationExtrusion, household share of first-time buyer close to 90%, 14% increase in April compared with last year before the new deal. Second, the link has stopped rising for 4 consecutive months of house price indices; selling prices generally stable; as price control targets of the new common housing, January-October contract price lower than that of $ 14,847 for the whole of last year 5.1%. Secretary of the Association of Beijing real estateLong Chen Zhi believes that the standard adjustment is implementing regulatory policies Act, regulation policy in mind. "Regulation aims to solve the housing problems of low-income groups. We must rely on the Government to protect, but also through the market. "Reducing the tax burden is to raise people's housing capacity to pay, reduced prices over and, secondly, encouraging support accounts for first time homebuyers about 90%Home buyers. Whether it is affecting the implementation of the Beijing objectives set price controls in early? Chen Zhi believes that tax criteria reflect when the tax, and regulation goals not necessarily linked. In other words, strict restriction of Beijing's ongoing policies and adjustment of the general housing standard, at different stages of the purchase, within their respective scope of implementation and found that "bridge to bridge, Road to disperse. "Gold-line statement: Gold-line reproduced above, does not indicate that confirm the description for investor use only and does not constitute investment advice. Investor actions accordingly, and at your own risk.