USEUROPEAFRICAASIA 中文双语Français
Home / Comment

Aiming at fairer realty market

By Wu Yixue | China Daily | Updated: 2013-02-06 07:41

Aiming at fairer realty market

A well-targeted property tax can become the government's best weapon in the battle to curb rising housing prices

A fresh rise in domestic housing prices is testing the tolerance of the government and public, and highlights the need to expedite a new round of fiercer regulations to rein in the intractable housing market.

According to the data from the China Index Academy, the average price of new homes in China's 100 major cities rose to 9,812 yuan ($1,577) per square meter in January, an increase of 1 percent from December and the eighth consecutive increase month-on-month. It is also 1.2 percent higher than a year earlier.

Aiming at fairer realty market

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US