{"id":122784,"date":"2021-10-23T20:30:04","date_gmt":"2021-10-23T13:30:04","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-will-set-up-a-property-tax-pilot-plan-taking-small-steps-after-years-of-dithering-to-tame-home-prices-for-common-prosperity\/"},"modified":"2021-10-23T21:03:38","modified_gmt":"2021-10-23T14:03:38","slug":"china-will-set-up-a-property-tax-pilot-plan-taking-small-steps-after-years-of-dithering-to-tame-home-prices-for-common-prosperity","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-will-set-up-a-property-tax-pilot-plan-taking-small-steps-after-years-of-dithering-to-tame-home-prices-for-common-prosperity\/","title":{"rendered":"China will set up a property tax pilot plan, taking small steps after years of dithering to tame home prices for common prosperity"},"content":{"rendered":"


\nChina\u2019s legislature will enact a property tax in selected regions across the country, rolling out the pilot plan as part of a wider \u201ccommon prosperity\u201d programme to enhance housing affordability and tame runaway prices.The State Council, as the government\u2019s Cabinet is known, will select the first regions and the timing for implementing the dutiable tariff on land, as well as owners of residential and commercial real estate, according to the state news agency Xinhua.Legally owned rural homes\u2026
\n
\nSource : South China Morning Post
\nRead more…China will set up a property tax pilot plan, taking small steps after years of dithering to tame home prices for common prosperity<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s legislature will enact a property tax in selected regions across the country, rolling out...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122784","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vWo","jetpack-related-posts":[{"id":123422,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-chinas-property-tax-rob-from-the-rich-and-give-to-the-poor-aiding-common-prosperity-drive\/","url_meta":{"origin":122784,"position":0},"title":"Will China\u2019s property tax rob from the rich and give to the poor, aiding common prosperity drive?","date":"November 25, 2021","format":false,"excerpt":"\r This is the second in a three-part series looking at the potential impact of China\u2019s proposed property tax law.On the fourth Friday of every month, 30-year-old Ding Xunan makes a nearly 20-hour train journey of over 1,700km from Shenzhen in southern China to Pingdingshan, a prefecture-level city in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-tax-concerns-for-chinas-homeowners-buyers-amid-xi-jinpings-common-prosperity-drive\/","url_meta":{"origin":122784,"position":1},"title":"Property tax concerns for China\u2019s homeowners, buyers amid Xi Jinping\u2019s common prosperity drive","date":"November 23, 2021","format":false,"excerpt":"\r This is the first in a three part series looking at the potential impact of China\u2019s proposed property tax law.Timing, we are told, is everything. The success of something is often related to when it happens.And after China announced plans to roll out a nationwide property tax to help\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-to-build-220000-rental-homes-in-next-five-years-to-meet-surging-demand-from-young-professionals-tame-soaring-house-prices\/","url_meta":{"origin":122784,"position":2},"title":"Shanghai to build 220,000 rental homes in next five years to meet surging demand from young professionals, tame soaring house prices","date":"August 13, 2021","format":false,"excerpt":"\r Shanghai, the commercial and financial capital of mainland China, plans to build 220,000 rental homes by 2025 as city officials go all out to meet burgeoning demand and tame soaring house prices.The figure represents an increase of more than 45 per cent from the number of rental units built\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-bull-run-in-smaller-cities-may-be-tiring-out-as-curbs-to-tame-home-prices-bite\/","url_meta":{"origin":122784,"position":3},"title":"China\u2019s property bull run in smaller cities may be tiring out as curbs to tame home prices bite","date":"October 3, 2018","format":false,"excerpt":"\r The red-hot property bull run seen across China\u2019s smaller cities may be tiring out, as government curbs intended to tame runaway prices rattle the housing sector, one of the economy\u2019s most important drivers. In second-tier cities, transaction volume of second-hand homes has plunged over the past two months. Frenetic\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-the-worlds-factory-dongguan-tame-its-runaway-land-prices-by-changing-auction-rules\/","url_meta":{"origin":122784,"position":4},"title":"Can the \u2018world\u2019s factory\u2019, Dongguan, tame its runaway land prices by changing auction rules?","date":"June 12, 2019","format":false,"excerpt":"\r Authorities in Dongguan, a major manufacturing hub near Shenzhen, have changed the way land auctions are carried out in a bid to cool the sizzling market.It comes after a flurry of aggressive bidding wars involving developers desperate to get a foothold in the Greater Bay Area drove Dongguan\u2019s land\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-stamp-duty-leaves-a-gaping-loophole\/","url_meta":{"origin":122784,"position":5},"title":"Hong Kong\u2019s property stamp duty leaves a gaping loophole","date":"November 7, 2016","format":false,"excerpt":"\r Hong Kong\u2019s government, which more than doubled a stamp duty over the weekend to tame runaway real estate prices, has left a gaping loophole in the tax regime, allowing first-time buyers of multiple properties to get away with not paying the levy. The tax ordinance collects stamp duty based\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122784"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122784"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122784\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}