Influence of Integrating Housing and Land Income Taxes on House Pricing--The Case of Taipei City

• Main Authors: Ching-Mei Wong, 翁靜美
• Other Authors: Jui-Chen Chang
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/579php

碩士 === 南華大學 === 財務金融學系財務管理碩士班 === 104 === 　　Previous researches showed that the policy of rising house prices by government did not have much suppressing effect on the housing price in Taiwan. This study applied hedonic price function regression model to analyze the difference of housing prices in different residential and business zonings of twelve administrative districts in Taipei City and the effect of high price and the low price on the difference of housing prices. The empirical results showed that the housing prices of commercial area are significantly higher than those of residential area in Shilin, Da-an, Zhongshan, Zhongzheng, Neihu, Beitou, and Songshan Districts. The larger total land area transferred, the higher the housing prices. The larger total building area transferred, the higher the housing prices. The older the house was, the lower the housing prices. High-priced and low-priced housing prices also have significant differences. After announcing policy of integrating housing and land income taxes, the housing prices were decreased significantly in these districts. However, the housing prices showed no significant difference in Datong, Wenshan, Xinyi, Nangang, and Wanhua Districts before and after announcing policy of integrating housing and land income taxes.