The short-term purchase policy has a significant impact on the volume of real estate transactions, japan property agency but it also leads to social problems such as “fake divorce”. lower cumulative tax rate setting, difficulty in statistics and confirmation of a large number of properties, and low real urbanization rate, even if the personal housing property tax is levied, in the short term It is also difficult to replace land sales income. Under the influence of factors such as currency over-spending, land finance, separation of people and land, japan property agency and small and medium-sized urbanization strategies, China’s housing prices, especially the first- and second-tier housing prices, have shown a declining trend from the fundamentals. The real estate bubble has a very negative effect: housing prices have risen sharply. japan property agency Income distribution increases the social speculative atmosphere and inhibits the enthusiasm of enterprise innovation; real estate has non-productive attributes, 3 Whether it is from foreign countries or Chongqing and Shanghai pilot projects, property tax is not an effective means to stabilize housing prices. From the practical experience of foreign real estate tax, property tax can be an important source of local fiscal revenue, japan property agency And if the purchase is cancelled, the house price will rise rapidly and the fundamental problem will not be solved. 3) Reflections on real estate regulation and control: heavy short-term regulation and control, light establishment of long-term mechanism, so the effect of regulation is often repeated; heavy suppression of demand, which is the foundation for alleviating all the winds. light increase of supply; frequent use of administrative means, market mechanism is not perfect; currency over-the-counter makes real estate come The more the currency is financialized, and it is separated from the residential property and the basic income of the residents; japan property agency the land income is the guarantee of local finance, and it has also become the driving force of high housing prices. The Great Depression is known as the holy grail of macroeconomic research. Bernanke concluded during the Great Depression that “monetary tightening is an important cause of the Great Depression, and monetary easing is the dominant factor in economic recovery.” When the US implemented large-scale QE and China implemented the 4 trillion stimulus plan in 2009, Quan Zang declared that “we have found a way to avoid the Great Depression!” It seems too optimistic now, although the entire economy has gradually stepped out of the trough, japan property agency but The price of asset prices such as the housing market and the stock market and the deterioration of income distribution are very heavy. In the context of this era, the rise of Keynesianism suggests that the government’s “tangible hand” intervene through active fiscal and monetary policies to compensate for insufficient effective demand. The “severe stagflation” in the 1970s was the second division of macroeconomic thinking. The economic shackles swept the stagflation due to excessive government intervention rather than cost shocks. Keynesianism faced challenges, monetarism, neoliberalism, and newness.
