Inequality of tax rebates

Tax rebates for house buyers severely harm the order of China's property market and cause social inequality, says an article on the website of Xinhua News Agency. The following is an excerpt:

The policy adopted by Chongqing municipality to give tax rebates to house buyers has been banned by the central government.

Different regions have laid out various real estate policies, with Beijing and Shanghai opposing the measures to save the property market and prop up the high prices.