Real estate tax

Taxing real estate based on ownership period can regulate speculative behavior, but real house prices still have the potential to increase. Photo: Cao Nguyen.

House prices unlikely to fall with annual sales tax

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According to experts, taxing real estate transfers based on years of ownership can reduce speculation and surfing, but it is difficult to help lower house prices.

China is planning to cut taxes on home purchases as the property market struggles. Photo: AFP

China plans to cut home purchase tax

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In an effort to support its struggling real estate sector, China is considering cutting taxes on home purchases.

Some opinions say that imposing a second real estate tax at this time is not appropriate and could freeze the market. Photo: Cao Nguyen

Fear of market "crash" when taxing second real estate

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A second real estate tax could lead to panic selling, market freeze, reduced budget revenue, and economic crisis.

List of countries that do not tax real estate

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There are some countries in the world that do not tax or tax at very low levels for individuals who own real estate.