PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v4i3.2201ArticleThe Impact of Property Tax on the Development of Real Estate Industry https://artdesignp.com/journal/PBES/4/3/10.26689/pbes.v4i3.2201HuRuoke,LiFangke2021432021-06-18In recent years, due to the rapid development of the real estate industry in China, land speculation has begun in addition to the significant growth in economy. However, this rapid development has led to an extreme rise in housing prices, largely owing to high property tax. This article analyzed the impact of property tax on the development of real estate industry and provided countermeasures.

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