The Rationality of Chinas Real Estate Tax Levy: An Analysis from the Perspective of Monogamy
According to the data from China Statistical Yearbooks, we can calculate the average annual house price increase rate, and get such results: in the 21st century the average annual house price increase rate of China, Beijing City, Shanghai City, and Shenzhen City are 7.89%, 11.7%, 11.23%, and 13.96% respectively. A small part of people is happy this situation, but most people are not. This situation has led to a substantial increase in housing prices, which has severely eroded the housing demand and well-being of the middle and low classes, then interest conflicts emerge.
