Property tax pilot in Shanghai and Chongqing: increase or stabilized the selling price in china’s real estate market

Date

2018-12-01

Journal Title

Journal ISSN

Volume Title

Publisher

Abstract

This paper aims to examine the effect of property taxes on selling prices in China’s real estate market. I collect the data in China’s 35 major cities before and after the property tax has been implemented, and estimate the effects of property taxes using the Differences-in-Differences method. I find that the effect of property taxes in Shanghai and Chongqing does not lead to lower house prices in these two cities.

Description

Keywords

Real estate market, Property tax, China's real estate market, Economics

Graduation Month

December

Degree

Master of Arts

Department

Department of Economics

Major Professor

LeiLei Shen

Date

2018

Type

Report

Citation