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Yiwu Real Estate market rebound

Source: Yiwu sourcing agent    Author:       Date: 2009-04-04

April 1, Ms. Yiwu busy floor, the selection of members of the public house, prepare purchase orders. This reporter learned that, since the introduction of Yiwu buy real estate can enjoy special subsidies policy, real estate sales pick up beginning. Some real estate developers also feel that the people buying houses grown significantly. However, the real estate reporter from Yiwu management that because of policies introduced less than one weeks time, on turnover has not been fully reflected.

     By the end of March, Yiwu aims to stimulate the property market, introduced a policy of warmer: March 25 2009 to December 31, in the Yiwu city and buy an ordinary commercial trade of ordinary second-hand housing to individuals, if the housing area of 144 square meters at the following will be eligible for special subsidies. Specific subsidies are as follows: individual real estate purchase will be eligible for tax deed tax actually paid 80% of the subsidies; second-hand housing transactions beneficiaries of special subsidies are buyers and sellers are personal. Specific subsidy standard is: people can enjoy the purchase deed tax to pay for the actual amount of subsidies for the 80% tax deed; people to sell second-hand housing in the amount of taxes and subsidies on include business tax and personal income tax, business tax subsidies to pay for the actual amount of business tax section 80% of the amount of personal income tax subsidies to pay for the actual personal income tax 32%.

     Apply for as long as the object to provide relevant information, audited by the Finance Bureau Yiwu Center Yiwu collection agencies financial management accounting center to apply for subsidies to the amount of people into the personal bank account.

     Lot of preparation or prepare the transfer of real estate buyers of Yiwu public that the policy issued on the activation of the local real estate market are good. The industry also believes that this policy of and second-hand housing transactions were actively promote the role of second-hand housing market will be larger. But there are also some people worry that this policy will push prices higher Yiwu.



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