China's housing prices have been rising? Cost of the first house is the land price

Some people say that China's housing prices have their own particularity, which country's house price is not special? However, the price is ultimately economic theory can explain, and ultimately by the supply and demand decision.

Demand: only buy a house to preserve and increase the value?!

Beijing City, is defined as within the five rings, in this area, to have party and government organs, units, institutions, large and medium primary school, green fire Park and so on, can be used to build residential land is limited. Huge supply and demand. When local people and outsiders, and even the world's people, are competing to come to Beijing to buy a house, the rise in housing prices is inevitable. What Wenzhou real mission, Shanxi coal bosses and real story, can bring out, not without a reason.

From 1998 to the present, it can be said, who bought a house, no regret, if there is regret, regret late to buy, buy less, who do not have to buy, regret. The power of example is infinite, the facts speak louder than words, only to buy a house to preserve and increase the value, is the rich people's consensus.

In May 2009, Beijing city of Victoria within the house, only about 15000 yuan, to the second half of the year, will double the. 15000 only in the Changping suburb to buy. In the first half of 2009 to buy a house and buy a house without the person, is Rainbow Night life, almost is the differences between urban and rural areas.

Of course, even if the money is not enough people, as long as the opportunity to seize the opportunity, with bank mortgage loans, but also to achieve housing dream. In early 2009, the first to buy a house as long as 20%, interest rates can also play 30 percent off. This part of the people, known as slaves, because most of the subsequent income, have to pay to the bank loans, but they are pain and happiness. House prices, the appreciation of the house, their total assets can also increase.

, of course, that the rich are keen to buy landmark and cultural reasons, homebody, live and work in peace and contentment, home ownership housing, farming ethnic cultural gene. This, Westerners is like migration, America is a British New England into the results.

Supply: both developers, but also the government

Prices in the short term, depending on the demand, in the long-term, it is the trend, depending on the supply, because in the long run, the competition is more full, if a certain industry to make more money, will cause a rush into, and lost, will cause developers to withdraw. Therefore, the long-term response is the cost of housing.

The cost of the house consists of three parts: land prices, developers get to the cost; Chienan costs, spending on construction and installation, etc.; taxes and fees, the government department in charge of tax and other expenses.

From the supply point of view, under normal circumstances, the price is more than three costs, plus the profit developers. The profit rate of the developers, is the volatility, is generally 10%, high time is 20% or more.

If the long-term rise in prices, it must be caused by high cost.

The cost of the first is the land price

Land price is the land premium. Before the housing reform, the house is covered by the government, the land is obtained through free allocation. After the reform, the developers are under the auspices of the Department of land resources, through the trick shot, that is, tender, auction, listing the way to obtain land use development. The auction of funds, also known as the "land of gold", in the local government fiscal accounts.

Although the law is the urban land is state-owned, but its actual owner, is the local government. It is said that local governments rely on to sell to raise funds is influenced by the local government of Hong Kong, land transfer income is main part of government revenue. Urban land, with the scarcity of. With the process of urbanization, rural population to flow into the city, small city moving to the big cities, will eventually appear large cities, at present, China's mega cities is not much, future will appear real super metropolis. Urbanization and population flow, is the basic factor causing the price of land prices high.

The cost of the second is the construction fee

This includes seven on one level, labor costs, material costs, machinery use fees, construction management fees, equipment purchase and installation of the use of fees, residential public services and construction fees, residential public facilities construction fees, etc.. This part of the cost, in general, is normal. This part of the cost is about the total cost.

The cost of the third is the government departments to collect taxes and fees

Tax revenue has business tax, urban maintenance and construction tax, education surcharge (business tax surcharge), taxes, stamp duty, farmland occupation tax, land tax, etc..

The government collects fees, all have the difference, all kinds of fees, such as eyesight, muck fees, fees, additional air defense school fees, the transformation of the old city public construction fees, fees, wall environmental protection supervision fees, city green fees, supervision fees, quality inspection fees, assessment fees, audit fees, the price of bulk cement bags, limit fee the quality of the project supervision fees, project cost management fees, safety supervision fees, labor quota determination of fees, management fees, the provincial project construction drawings, construction fee, examination fee budget noise management fees, expert evaluation fee, health fees, training fees, industry management departments, public security, city Jiantong fund-raising fee fees, management fees of street newspapers family planning, management fees and so on.

According to the famous economist Lang Xianping estimates, there are about 12 taxes, 56 charges. Almost every government department, there is a charge, the house became Tang Seng meat. Government taxes and fees accounted for house prices (non cost, because most of the taxes and fees are charged, such as business tax of about 70%.

Summary

Understand the housing