City Guide
Answers
Login
Home
/
Community
/
Forums
/ Post a Reply
Post a Reply
Thread: Can property tax ease the high housing prices?
Title:
(100 characters at most)
Content: ( 3,000 characters at most, please )
You can add emoticons below to your post by clicking them.
[quote=CARLOS,418871]I think Kevin is right, it may only cayse increasing rents. I would say China is still far away from the real housing market bubble, but when the bubble explodes, we all around the world are again in deep trouble. The only way to prevent the housing market problem is to increase saving, to demand that people who buy house must save a significant part of house price before can have loan from bank. I have understood that in China is very common to loan from relatives, so the percent of own money should be big, perhaps 50 - 60%. I know it is not very nice thing but it would prevent housing prices to increase. Carlos[/quote]
characters left
Name:
Get a new code