Source: Hong Kong 01

Author: Yan Zehang

Pangu was opened at the beginning. In fact, the original meaning of the "spicy recruitment" policy of the property market was originally based on the concept of the sunset bill.It is not a constant policy.However, the launch of "spicy tricks" has been launched for more than 12 years. Today's economic background is different from that year, and the property market has also entered a new situation and new stage.Therefore, the "very means" such as "spicy tricks" is no longer inconsistent, and the new environment of the property market and the entire economy is separated, which directly affects the economic recovery and should re -examine the necessity of its existence.

What is the sunset bill

During the formulation of public policy, the SunsetLegislation is a legislative mechanism, which aims to conduct regular evaluation and re -examination of existing regulations or government agencies to determine its effectiveness and necessity.This bill requires automatic revocation or abolition of regulations after a certain time, unless re -examination and reorganization of legislative procedures.The main purpose of the Sunset Act is to ensure that regulations and government agencies continue to adapt to changes in social, economic and political environment.It helps reduce outdated and invalid regulations, while reducing the burden on government agencies and improving administrative efficiency.Through the operation of the Sunset Act, it can ensure the needs of the continuous adaptation of regulations and government agencies, and provide more effective, responsible and public services in accordance with public interests.

The current "spicy tricks" in the property market are mainly divided into 3 categories:

One is an additional stamp duty (SSD), that is, if it is sold for sale 6 months or within 6 months after purchasing a residential property, it is necessary to pay the tax of 20%of the property price;The tax rate is 15%in 12 months or within 12 months; if it is more than 12 months after purchasing, it is sold for more than 36 months or within or within a 10%tax rate.The second is that the buyer's printing tax (BSD), that is, all non -Hong Kong permanent residents and companies in the name of the company, regardless of whether to buy residential properties for the first time, also need to pay 15%of the property price.Third, the new residential printed stamp duty (NRSD), that is, all non -Hong Kong permanent residents and companies buyers, and buyers who are permanent residents in Hong Kong, but they hold property, all need to pay at the 15%tax ratePrinting duty.

The main reason to revoke the "spicy trick" of the property market

Due to the deterioration of the economic environment, the real estate market has transitioned from the state of "overheating" to "over -cold" state.The foundation of supporting "spicy tricks" has failed, which directly affects the economic recovery.Recently, the economic situation in Hong Kong has faced severe challenges, which directly leads to the transformation of the real estate market from overheating to the current over -cold state.Therefore, the revocation of these measures can help restore the normal operation of the real estate market while avoiding further hindering to the progress of economic recovery.

In addition, the "spicy trick" distorted the property market, exacerbating the "get on the car" increase, which seriously hindered second -hand trading, and was often urgent.In the past, the "spicy tricks" measures have distorted the normal operation of the property market, especially for the rise in the price of "on the car".This makes second -hand transactions difficult. For those who want to sell or buy second -hand real estate, it has formed a serious obstacle.Therefore, the revocation of these "spicy tricks" measures has become urgent to restore the normal operation of the property market.

"Spicy Admissions" seriously obstructs foreign talents to come to Hong Kong to desire, which is not good for Hong Kong to attract foreign talents.Under the current "spicy tricks", all non -Hong Kong permanent residents and companies in the name of the company, regardless of whether or not, should pay 15%of buyers' printing duty in Hong Kong, but also pay 15%of them to pay 15%The new house stamp duty must be paid by 30%of the heavy tax.Such policies are not conducive to attracting foreign talents in Hong Kong and have adversely impact the long -term development of the economy.Therefore, the revocation of these measures can improve the environment of foreign talents to come to Hong Kong.

"Withdrawal" is just to make the property market recur. The purpose is to promote economic recovery, not to provide preferential policies.The purpose of revoking the "spicy tricks" is to allow the property market to restore the normal operation and promote the recovery of the overall economy, rather than provide preferential policies or artificial intervention in the market.This is to ensure that the price of the property market can be freely formed according to the relationship between supply and demand and the market mechanism, rather than being affected by policies.Therefore, the revocation of these measures will not lead to rising property prices, but to restore the market to normal operation.

Order "withdraw"

The

The government's policy report in the next year should consider "withdraw" as early as possible to promote the circulation of second -hand property and increase the rent, provide more choices for citizens interested in home, and make the property market healthy.The first step of "withdrawal": immediately cancel the buyer's printing duty; the second is to directly exempt from qualified foreign talent buyers' printing duty and new house printed duty to cancel the "first levy and then retreat" arrangement; the third is to cancel the additional stamp duty;New houses are printed on price, and people changing people can "free up and replenish" within 2 years.Step 2 "Removal": Cancel the priced stamp duty from the price of a new residence, which will cause a comprehensive "withdrawal".

Even if the government keeps watching the attitude of "withdrawal" in the end, the government should announce to the citizens as soon as possible under the environment, conditions, and indicators of the citizens.It changes.A policy may be effective during a certain period, but it may not be applicable during different periods.Policies should be elastic and can make adjustments and changes according to the new situation."Spicy Admissions" has completed a phased task for the Hong Kong property market.

The author Yan Zehang is a master's degree in public policy, a British franchise accountant, vice chairman of the South Branch of the Pakatan Rakyard HKMA