The Hong Kong Ming Pao reported that some mainland scholars believe that the land rental and auction system of that year was a breakthrough, and the separation of land ownership and right to use has an bypassing ideological obstacles, but it has led to the core of various issues today.It is still because the local government has to sell land to ensure fiscal revenue. The road to land finance has reached the end today.However, when the real estate tax system is still difficult to produce and the guarantee housing is not mature, how to realize the long -term mechanism of real estate regulation and control required by the Central Committee since the 18th National Congress of the Communist Party of China, there is still no clear direction.

The land price of the public bidding for corruption is only rising

Han Shiquan, executive chairman of the Guangdong Real Estate Research Association, accepted an interview with Ming Pao that in the early days, mainland houses were unit welfare, society did not have the concept of property rights, and ordinary people's wages were very low. Even buying their own unit welfare houses is difficult.EssenceHe believes that since the former Prime Minister Zhu Rongji's reform of the tax system in 1994, most of the taxation has been taken away by the central government's taxation, and the local government is a balanced revenue and expenditure, and it is necessary to take the land transfer fund and real estate dealer's tax supplementary income.EssenceThe government can cooperate with the developer with the development model with the agreement, which leads to serious corruption issues, so that the central government will be transferred in the end of 2004. All land use rights must be bidded publicly. This has another problem.The land price will not rise.

It is very, very wrong to use real estate as a pillar industry. All walks of life need land. Taking real estate as a pillar industry will lead to economic instability.Construction of schools and other.Han Shitong said that countries have controlled the financial attributes of real estate, and the reason why Hong Kong and Singapore do not interfere with the private building market is to develop to high prices because the guarantee system has done a good job, but the Mainland has not learned well in this regard.

Han Shitong said that to this day, no cheap agricultural land around the city can be collected, and the high land price has also made developers cautiously bid, leading to many land bids.The 18th National Congress of the Communist Party of China requires the establishment of a long -term mechanism for real estate regulation and establishing a multi -channel supply system and a multi -level guarantee system. HoweverTo solve the problem of local governments' income, it is worth continuing to observe.