25/5/2018-7

New Building Vacant Tax

A young friend called “The Romance of the Three Kingdoms” and asked me what was the east wind that Zhou Yu repeatedly mentioned before the battle of the Red Cliff. It was necessary to have an east wind to burn the red cliff. In fact, when Zhou Yu Cao Cao was in front of the Red Army, the army of the next runner-up was in front of the river. Zhou Yu was on the east side of the Yangtze River. Cao Cao was in the west. Zhou Yu wanted to use the fire to attack Cao Jun on the west. He naturally had to wait until the east wind was blowing.

If modern interpretation is very simple, Dongfeng is the catalyst. There are so-called all-embracing provisions. It only owes the east wind. I say that we may not believe that the Hong Kong property market is also prepared for everything. It only owes its east wind, and what is the east-west of the property market? I think the new building is vacant.

It is the people who are not realtors who contribute to the warehouse.

When CY was the chief executive, I believed he had no intention of not being re-elected, so even if he introduced BSD, DSD, etc., he was still very enthusiastic about using the difficulties of the tablets to describe the difficulties, and honestly speaking, He also did his job. Not to mention the new Chief Executive Lin Zheng, he has exhausted his way, but property prices are still soaring. The key point is that real estate developers are reluctant to launch new flats to the market, no matter how much the government provides, Real estate developers will only sell in limited quantities. Without sufficient supply, property prices will certainly continue to rise. The government is also not able to say that property developers are reluctant to sell. It is wrong to do business. It is necessary to talk about making money while doing business, and it is necessary to make more and better profits. Some people say that the government does not We dare to offend real estate developers because real estate developers have made tremendous contributions to the warehouses. In fact, they are absolutely wrong. It is the general public who have made tremendous contributions. The fact that they borrow money to buy a flat actually indirectly supports the government. Real estate developers only pay the fees. Taxes payable, if property developers are money-losing, they are not required to pay tax at all.

The government must seize the opportunity to act as a scapegoat

In addition to sufficient supply in the long-term, the property market has to use some catalysts in the short-term to make the property market healthy. The catalyst to be used this time should be the vacant tax of the new building. If it is launched now, the Government will only force less property developers to make more money. Moreover, with the property price index hitting a record high every week, the introduction of vacant tax on new buildings can only make property prices no longer soar, but if the government misses the opportunity, when interest rates continue to rise, property developers accumulate new flats. It has already become a virus in the property market. They have to expedite the launch of the market. At that time, the Government has only pushed the new building to be vacant. The property price will fall sharply and the government will again become a scapegoat. In fact, we should not regard the new building vacant as a scourge. It should be regarded as a catalyst for the property market. What the government has done for the property market in the past has a reasonable result. Property prices are no longer soaring, and it is easier for the residents to buy property. If there is no east wind, the winner of the battle against Chibi is Cao Cao.