| Summary: | 碩士 === 國立高雄師範大學 === 人力與知識管理研究所 === 107 === In order to cease the popular grievance, the government try to keep reducing the price of real estate market from further rising. Firstly, by the end of 2011, the Minister of Finance initiated the policy of the Specially Selected Goods and Services Tax. After that, the Central Bank promoted a series policy to restrict the mortgage coverage through credit control. Later on, the Minister of Finance brought out the tax policy of luxury residences to attack those of house investors. However, the series of policies to intervene the real estate market could only achieve the quantitative control, but are unable to prevent rising price of the real estate market. The voice of tax collection on transaction of real estate based on actual selling prices has been getting more powerful because of the high housing prices in recent years. Due to the growing pressure from the public, the government then proposed a new policy “Housing and Land Transactions Income Tax” in the end. This revolution policy attempted to cool down the soaring price of the real estate market eventually. However, according to the official data from “Actual Price Registration”, during the discussion period for the new policy, people had already been expecting that the cost of real estate transaction will rise significantly, they decide to wait rather than entering the housing market. The result led to the rapid decrease of the transaction quantity. Nevertheless, even at the downturn of the real estate market, the price remains stable without significantly going down.
This study targets on Boai Road of Kaohsiung City as research subject. Research data of house transactions in Kaohsiung city since 2012 to 2018 are from the real estate transaction query website, the Ministry of the Interior and select transaction data of residential buildings for empirical analysis.
The evidences show that trading volume declined distinctly with the implement of Specifically Selected Goods and Services Tax and Housing and Land Transactions Income Tax. While the housing price didn’t go down significantly, the new tax has effectively reduced the overheating phenomenon of housing market. As to the analysis of Kaohsiung City, the study expected that due to the high housing prices, large-area houses are more vulnerable to the implementation of the new tax than small-area houses. However, the empirical results show that the fluctuation on the trading volume of new large-area housing is not significantly with the Housing and Land Transactions Income Tax.
Keywords： Housing and Land Transactions Income Tax, The Analysis of Housing Price and Quantity, Actual Price Registration, Kaohsiung City.
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