{"id":122862,"date":"2021-10-28T09:40:29","date_gmt":"2021-10-28T02:40:29","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-and-chongqing-offer-hints-of-how-chinas-property-tax-would-work-and-be-ignored-by-runaway-home-prices\/"},"modified":"2021-10-28T10:21:01","modified_gmt":"2021-10-28T03:21:01","slug":"shanghai-and-chongqing-offer-hints-of-how-chinas-property-tax-would-work-and-be-ignored-by-runaway-home-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-and-chongqing-offer-hints-of-how-chinas-property-tax-would-work-and-be-ignored-by-runaway-home-prices\/","title":{"rendered":"Shanghai and Chongqing offer hints of how China\u2019s property tax would work, and be ignored by runaway home prices"},"content":{"rendered":"


\nShanghai and Chongqing, two of China\u2019s biggest urban centres, offer a hint of what a property tax would look like as the Chinese legislature gave its nod last week to kick off the tariff after a decade of stop-go measures to rein in runaway home prices.The two municipalities, with a combined population of almost 60 million residents, were the test beds in 2011 for a tax that still remains, although its nationwide roll out was deferred two years later when Xi Jinping took over as president,\u2026
\n
\nSource : South China Morning Post
\nRead more…Shanghai and Chongqing offer hints of how China\u2019s property tax would work, and be ignored by runaway home prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shanghai and Chongqing, two of China\u2019s biggest urban centres, offer a hint of what a...<\/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-122862","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-vXE","jetpack-related-posts":[{"id":124114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-may-delay-its-much-feared-property-tax-amid-price-slump-in-nations-real-estate-industry\/","url_meta":{"origin":122862,"position":0},"title":"China may delay its much-feared property tax amid price slump in nation\u2019s real estate industry","date":"January 6, 2022","format":false,"excerpt":"\r China\u2019s property tax could be another casualty of the slump in the housing market, with analysts expecting the government to hold off on expanding trials of the levy because of a real estate-led economic slowdown.In October last year, China\u2019s parliament authorised the limited property tax in Shanghai and Chongqing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105895,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-sales-rise-by-64-3-per-cent-in-chongqing-the-barometer-of-chinas-national-market\/","url_meta":{"origin":122862,"position":1},"title":"Home sales rise by 64.3 per cent in Chongqing, the barometer of China\u2019s national market","date":"April 9, 2019","format":false,"excerpt":"\r The sales of new homes in the megacity of Chongqing in southwest China jumped by 64.3 per cent in March to 2.12 million square metres, according to consultancy Cric. It had recorded a cooling in its property market in the second half of 2018.The city, with an area 74\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-longfor-subsidiary-first-to-seek-nod-for-china-rental-housing-bonds\/","url_meta":{"origin":122862,"position":2},"title":"Hong Kong-listed Longfor subsidiary first to seek nod for China rental housing bonds","date":"December 11, 2017","format":false,"excerpt":"\r China\u2019s push to develop the rental housing sector is offering cash-strapped developers a way back to the onshore bond market after more than a year of issuance restrictions aimed at cooling down property prices. Longfor Chongqing Enterprise Development, a domestic subsidiary of Hong Kong-listed Longfor Properties, last week filed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-megacity-chongqing-joins-dongguan-foshan-in-easing-homebuying-restrictions-to-revive-pillar-of-the-economy\/","url_meta":{"origin":122862,"position":3},"title":"China\u2019s megacity Chongqing joins Dongguan, Foshan in easing homebuying restrictions to revive \u2018pillar of the economy\u2019","date":"December 29, 2022","format":false,"excerpt":"\r Authorities in Chongqing said families can now own more than one home provided one of them is rented out while also allowing non-locals to enjoy the same mortgage policy as the locals.\r \r Source : South China Morning Post\r Read more...China\u2019s megacity Chongqing joins Dongguan, Foshan in easing homebuying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-multiple-home-owners-look-to-offload-units-as-threat-of-higher-property-tax-looms\/","url_meta":{"origin":122862,"position":4},"title":"Shanghai\u2019s multiple-home owners look to offload units as threat of higher property tax looms","date":"November 2, 2021","format":false,"excerpt":"\r Lui Huali, whose family owns three apartments in Shanghai, is planning to sell one in case the city decides to raise the tax it imposes on residential properties as part of efforts to cool the market.Her decision, like that of many besides her, comes as the central government prepares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-to-sell-assets-to-pare-debt-explore-new-revenue-sources\/","url_meta":{"origin":122862,"position":5},"title":"Shui On to sell assets to pare debt, explore new revenue sources","date":"March 7, 2017","format":false,"excerpt":"\r Shui On Land Ltd, the pioneer developer of China\u2019s heritage landmarks, said it will continue to sell commercial assets and explore new revenue sources like its property management service to pay down debt. The developer of the Shanghai Xintiandi, which is already replicating the heritage enclaves in Wuhan and\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\/122862"}],"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=122862"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122862\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}