Real Estate Tax, Land Prices And Housing Prices Based On Chinese Provincial Panel Data Empirical Analysis

Since 1998, China began to implement the reform of the housing system since, on the one hand, due to the long-term implementation of housing benefits in kind distribution system, more serious housing shortage appears. On the other hand, our society and is under the background of accelerating urbanization, potential demand for housing is in the expanding gradually, while increasing in income and bank credit support of consumers to buy housing case, potential housing demand is inevitably into effective demand for housing, which effectively brought rates continue to rise is pulling. Especially in the last few years, the rapid surge in prices of asset prices has become an important livelihood issues of social concern, and how to suppress the price of real estate and promote the healthy and orderly development of China’s real estate market is to become of our government to solve imperative, but also a key priority of our government to solve the problem. In order to make real estate prices in a more stable state, and the real estate industry be healthy and orderly, relevant departments take a series of measures from different angles, but relatively speaking, the relevant government departments start point is still the land and real estate taxes in two ways.Through empirical research on how to land and real estate taxes affect real estate prices, and provide a theoretical basis for the relevant government departments to take measures to control prices. By the text of logical reasoning and final empirical analysis, we can conclude, under the estate tax into real estate transactions and real estate holding tax tax case,the correlation between the real estate transaction taxes and real estate prices vague, and it is unable to determine whether it is positive or negative correlation, however, the correlation between relevant and real estate holding tax rates is negative, moreover, the real estate transactions and real estate holding tax taxes combined have a negative impact on the price effect. Land relations with real estate prices is more clear, and the correlation is positive, that is, the rising land prices can promote real estate prices.