Core Viewpoint - The article outlines the optimization and adjustment of personal housing property tax policies in Shanghai to better meet residents' housing needs and promote stable development in the real estate market [2][3]. Group 1: Eligibility for Tax Exemption - Eligible non-local residents include high-level talents and urgently needed talents in key industries who hold a Shanghai residence permit and work in the city, as well as homebuyers who have held a residence permit for over three years and work in Shanghai [4]. - For first-time homebuyers in Shanghai, property tax will be temporarily exempted if the new home is the family's first property [4]. - For second or additional homes, if the average housing area per family member does not exceed 60 square meters, the new home will also be exempt from property tax; if it exceeds 60 square meters, tax will be calculated on the excess area according to existing regulations [2][4]. Group 2: Tax Refunds for New Homebuyers - Homebuyers who hold a Shanghai residence permit for less than three years will initially pay property tax according to existing regulations, but can receive refunds for taxes paid on eligible properties once they meet the three-year requirement [3][4]. - The tax refund applies to both the first home and the portion of the second home that meets the area requirement during the residence permit holding period [4]. Group 3: Implementation Timeline - The new policies will take effect from January 1, 2025, and homebuyers can apply for tax refunds for any overpaid taxes after this date [5].

来源：市场资讯 （来源：楼市经典） 上海核心城区的旧改进程正以惊人速度推进。 其实，之前链家的挂牌量就从4月份开始连续下降了5个月了。 但是很多人反映是他们在盘客，如果价格不太适合的、没法成交的就主动下架了。 而这次网上房地产的数据下降，难道是说明市场在同频共振了吗？ 我们一直说，二手房是市场的"先行指标"，关注二手行情变化，就是"剧透"市场走向。 但最近我们发现，在过去一周时间内（9月11日至14日），上海二手房市场发生了一场令人瞠目的"大瘦身"! 整整3.54万套二手房源从网上房地产平台悄然消失！ 这一数字令人震惊！ 要知道，许多二三线城市整个市的挂牌量都达不到这个数量级! 如果你正好是正在看房的购房者，可能会突然发现自己收藏的好几套房子竟然不约而同地"已下架"。 这到底是怎么回事？是房东们集体决定不卖了吗？ 具体日期来看，是9月11日-12日大幅下架了2万多套房源，13、14号继续下降近1万套。 4天时间集中清理房源。 | 9月挂牌 | 星期一 | 星期二 | 星期三 | 星期四 | 星期五 | 星期六 | 星期日 | | --- | --- | --- | --- | --- | --- | --- ...

文/李贝贝 9月19日下午，据上海市人民政府官网，为更好满足居民刚性住房需求和多样化改善性住房需求，促进 本市房地产市场平稳健康发展，根据《上海市人民政府关于印发〈上海市开展对部分个人住房征收房产 税试点的暂行办法〉的通知》《关于优化调整本市房地产政策措施的通知》的有关规定，上海市财政 局、国家税务总局上海市税务局对本市个人住房房产税试点有关政策进行优化调整。 其中，对于持有本市居住证并在本市工作生活的符合国家和本市有关规定引进的高层次人才、重点产业 紧缺急需人才，和持有本市居住证满3年并在本市工作生活的购房人，政策规定，在本市新购住房，且 该住房属于家庭第一套住房的，暂免征收房产税；在本市新购且属于家庭第二套及以上住房的，合并计 算的家庭全部住房面积（指住房建筑面积，下同）人均不超过60平米（即免税住房面积，含60平米） 的，新购的住房暂免征收房产税；人均超过60平米的，对属新购住房超出部分的面积，按暂行办法的规 定计算征收房产税。 据悉，上海今日发布的房产税执行新政，主要是对"8.25"楼市新政提供执行细则。 此前，8月25日，上海市住建委等六部门联合印发《关于优化调整本市房地产政策措施的通知》（下称 《 ...

Core Viewpoint - Shenzhen has regained its position as the "foreign trade capital" of China after ten years, with a total import and export scale of 2.96 trillion yuan in the first eight months of this year, reflecting a year-on-year growth of 0.3% [1][2]. Trade Performance - In the first eight months, Shenzhen's exports reached 1.79 trillion yuan, while imports totaled 1.17 trillion yuan, marking a 9% increase in imports [1]. - General trade accounted for 54.6% of Shenzhen's total import and export value, with a total of 1.62 trillion yuan [1]. - The import and export value of bonded logistics grew by 12.6%, reaching 800.78 billion yuan, representing 27% of the total [1]. Trade Partners - Shenzhen's trade with its top ten partners amounted to 2.31 trillion yuan, a growth of 2.8%, increasing its share to 78.1% compared to the previous year [1]. - Notable growth was observed in trade with Hong Kong (8.1%), Taiwan (20.8%), and Japan (14.8%) [1]. Business Composition - Private enterprises in Shenzhen played a crucial role, accounting for nearly 70% of the total trade, with imports and exports reaching 2.06 trillion yuan [8]. - Foreign-invested enterprises contributed 788 billion yuan, showing an 11.6% year-on-year increase [8]. Product Categories - Mechanical and electrical products dominated Shenzhen's foreign trade, with exports of 1.35 trillion yuan, a 4.6% increase, making up 75% of total exports [8]. - Significant growth was noted in the export of integrated circuits (40.2%) and computers and components (10.5%) [8]. - Imports of mechanical and electrical products reached 949.16 billion yuan, a 12.5% increase, with integrated circuits accounting for 519.68 billion yuan, up 18.8% [8]. Economic Context - Shenzhen's foreign trade has faced challenges this year, with initial negative growth in the first half, but has since shown a positive growth rate of 0.3% in the first eight months [5][9]. - The competition for the title of "foreign trade capital" remains tight, with Shanghai also showing resilience in its trade performance [9].

值得注意的是，该政策自2025年1月1日起执行。购房人已购应税住房符合上述暂免征收规定的，可向应 税住房所在地税务机关申报，并重新办理房产税纳税信息的申报、认定，对所属期在2025年1月1日以后 多征收的税款可予退还。 上海中原地产分析师卢文曦向上海证券报记者表示，此次上海出台的个人住房房产税试点有关政策属 于"825上海楼市新政"的配套政策，是楼市新政在住房税收领域的细化落地。政策优化调整后，非沪籍 居民家庭与沪籍居民家庭在个人住房房产税缴纳上实现"拉平"，调整后可有效降低非沪籍居民在上海购 房的持有成本。 今年8月25日，上海市住房城乡建设管理委等六部门发布《关于优化调整本市房地产政策措施的通 知》，在完善个人住房房产税政策方面明确提出，对符合条件的非上海市户籍居民家庭购买的第一套住 房暂免征收房产税，购买的第二套及以上住房在合并计算家庭全部住房面积后，给予人均60平方米的免 税面积扣除。 上海易居房地产研究院副院长严跃进告诉上海证券报记者，上海此次优化调整个人住房房产税试点有关 政策进一步体现对"825上海楼市新政"的落实，也充分说明对合理住房消费需求的支持。近期上海房地 产市场积极向好，包括外环外等市 ...

Core Viewpoint - The real estate market is undergoing a significant shift, with families owning multiple properties facing unprecedented operational challenges, moving away from the previous era where buying property was a guaranteed profit [2] Group 1: Liquidity and Market Conditions - The liquidity of real estate is inherently weak, and the current sluggish second-hand housing market exacerbates this issue, leading to properties remaining unsold for months [3] - In first-tier cities, while prime properties may still sell quickly, areas like Shijingshan and Daxing in Beijing have seen average transaction cycles extend to around 40 days [3] - In lower-tier cities, the situation is more severe, with properties taking significant time to sell even after price reductions, indicating a cautious buyer sentiment [3] Group 2: Holding Costs and Financial Burdens - Holding costs for properties, including maintenance fees and heating costs, remain a burden even when properties are vacant, and not all families benefit from recent mortgage rate adjustments [4] - Some regions are beginning to pilot property taxes, which could further increase the holding costs for families with multiple properties [5] Group 3: Rental Market Challenges - The rental market is facing oversupply, particularly in cities experiencing population outflow, leading to high vacancy rates and declining rental prices [7] - Even when properties are rented, the rental yield is often insufficient to cover mortgage interest, leading to financial strain for families relying on rental income [7] Group 4: Management and Operational Issues - Managing multiple properties can lead to increased operational challenges, including dealing with tenant issues and property maintenance [8] Group 5: Value Differentiation in Real Estate - Not all properties are capable of maintaining their value; older or poorly located properties may face depreciation risks [9] - Buyers are increasingly favoring high-quality properties with good management and amenities, while older buildings with inadequate facilities struggle in the market [9] Group 6: Strategic Asset Management - Families with multiple properties should consider asset optimization strategies, such as replacing lower-quality properties with higher-quality ones or reducing leverage to mitigate financial pressure [10] - The current low-interest environment may seem manageable, but potential risks could arise if income decreases or interest rates rise [10]

Core Insights - Shenzhen has regained its position as the "foreign trade capital" of China, surpassing Shanghai for the first time in ten years, with a total import and export volume of 2.96 trillion yuan in the first eight months of the year, reflecting a year-on-year growth of 0.3% [1][2][6] - The export value reached 1.79 trillion yuan, while imports totaled 1.17 trillion yuan, showing a significant increase of 9% [1] - The trade structure indicates that general trade accounted for 54.6% of Shenzhen's total trade, with a notable growth in bonded logistics and processing trade [1][9] Trade Partners and Growth - Shenzhen's trade with its top ten partners amounted to 2.31 trillion yuan, marking a growth of 2.8% and increasing its share of total trade to 78.1% [1] - Significant growth was observed in trade with Hong Kong (8.1%), Taiwan (20.8%), and Japan (14.8%) [1] Trade Composition - Private enterprises played a crucial role in Shenzhen's foreign trade, accounting for 69.6% of the total import and export value, with a total of 2.06 trillion yuan [9] - Foreign-invested enterprises also showed robust performance, with imports and exports reaching 788 billion yuan, a year-on-year increase of 11.6% [9] Product Categories - Mechanical and electrical products remain the backbone of Shenzhen's exports, totaling 1.35 trillion yuan, which is 75% of the total export value [9] - Notable growth was seen in the export of integrated circuits (40.2%) and lithium batteries (35.9%) [9] Import Dynamics - The import of mechanical and electrical products reached 949.16 billion yuan, growing by 12.5% and constituting 81.4% of total imports [9] - The import of integrated circuits alone was 519.68 billion yuan, reflecting an 18.8% increase [9] Comparative Analysis - Both Shenzhen and Shanghai have shown resilience in their foreign trade, with Shanghai's imports and exports growing by 4.5% in the same period [10] - The competition for the title of "foreign trade capital" remains uncertain as both cities adapt to changing external environments [10]

Core Viewpoint - The recent notification from Shanghai's financial and tax authorities optimizes the personal housing property tax policy, effective from January 1, 2025, providing tax exemptions for certain qualified individuals and families [1][2]. Group 1: Policy Details - The notification exempts property tax for high-level talents and key industry professionals with a residence permit who purchase their first home in Shanghai [1]. - For families purchasing a second home or more, if the combined housing area per person does not exceed 60 square meters, the new property is also exempt from property tax; otherwise, tax will be levied on the excess area [1][2]. Group 2: Context and Implications - The new policy is a detailed implementation of the "Six Policies" released in August, which aimed to refine the property tax framework and support reasonable housing consumption [2]. - The policy is expected to benefit non-local families purchasing multiple homes, aligning their tax treatment with local families, thus reducing holding costs and stimulating market demand [4]. - Since the introduction of the property tax pilot in 2011, the tax exemption was previously limited to local residents, but recent adjustments have allowed non-local families to purchase multiple homes, enhancing market activity [3][4].

9月19日，上海发布了《关于优化调整本市个人住房房产税试点有关政策的通知》，规定了"沪六条"中涉及房产税征收和退税的各项优化调整细则。 具体来看，此次政策明确，对于持居住证的人才和在持有上海居住证满3年的购房者，可享受两项利好政策：其一，购买首套房免征房产税；其二，购买第 二套及以上住房时，合并计算家庭全部住房面积后，按超过人均60平方米的增量部分征收房产税。 中指研究院指出，在此前执行的《上海市人民政府关于印发〈上海市开展对部分个人住房征收房产税试点的暂行办法〉的通知》中，二套及以上住房的房产 税税收减免政策仅针对上海市本地居民家庭；而近几年随着限购政策的持续优化调整，非沪籍家庭已可购买多套住房，但二套及以上房产税仍需全额缴纳， 增加了非沪籍家庭购买多套住房的持有成本，一定程度影响了购房需求释放。 据上海中原地产数据，9月8日—14日的一周内，上海新建商品住宅成交面积9.28万平方米，环比增加83.76%，成交快速反弹，其中外环外的项目去化有明显 好转，政策效应逐渐体现在交易层面。 "上周一些外环外开盘认筹效果继续保持理想数据，个别楼盘也能全部认筹一空。市场的交易情绪有明显好转。"上海中原地产表示，近期上海 ...

第一财经梳理发现，此次《政策》是8月25日发布的《关于优化调整本市房地产政策措施的通知》（下称"沪六条"）房地产新政的细化版，且内容符 合"沪六条"政策的具体口径。 优化后的上海个人住房房产税政策将对哪些人群产生影响？ 今日（19日），上海出台《关于优化调整本市个人住房房产税试点有关政策的通知》（下称《政策》）文件，由于《政策》涉及了免税条件、退税条 款，因而也受到业内人士关注。 其中，《政策》明确，对于持居住证的人才，以及居住证满3年的居民家庭，可享受两项利好政策，第一是"首套房免税"，第二是"人均60平方米以内的 二套房免税"。 为此，上海易居房地产研究院严跃进对记者解读表示，《政策》明确的免税条件体现了三个特点。第一、免税内容和本地户籍居民家庭口径一致，体现 了政策宽松的导向。第二、设定了人才标准或"居住证满3年"的要求，说明对人才及在上海稳定就业的居民家庭给予购房支持，体现了职住平衡和支持 住房消费的导向。第三、各类购房需求都得到较好支持。比如说对于三口之家而言，若置换为180平方米及以下的二套住房，是可以免税的，更好支持 了改善性住房需求。 对于《政策》提到的退税条款，严跃进则称，根据《政策》，对于 ...