| Abstract: | 影響房地產的成交量與價格因素非常多，例如：總體經濟、個體經濟(景氣面)、銀行貸款利率比物價指數低、供需需求(自住)、稅制，尤其以台灣為例，有土斯有財的觀念，以及每個人對於擁有一個自己的「家」的憧憬，所以房地產在台灣變成一個重要的標的。雖然政府在過去針對房地產行業為了抑制房價進行了幾次稅制和政策改革，但是成效不彰。造成近十年房價仍不斷上揚，成交量下跌的狀況，從投資的角度來看，低利率鼓勵投資者在房地產投資更多的資本，加上台灣人民有土地私有財的觀念，造成房地產近十年房價不斷提高，再加上政府有意在稅制上調高，藉而想減緩房地產投資的速度，但由於房地產對於台灣文化來說，買房算是個必要的購入性資產，而以長期性投資角度來說又是投資報酬率較高的投資，然而，稅制調高的情況下，例如：原有土公告現值為市價的20%，103年實價登錄後，以五大縣市台中市為例，台中市土地公告現值調漲至市價的60～70%，然而，建商實務上也並不會因此而負擔額外新增的稅，建商們會將這些稅轉嫁到消費者身上，而又因為台灣文化使然，消費者依舊會持續購買，如此惡性循環下，造成台灣房地產市場的泡沫化。因此，本文的研究目的是分析台灣不同類型的政府房地產政策、稅收政策、房地產的發展趨勢、總體因素以及交易透明度。我們亦會研究政府稅收政策對房地產投資的影響。本研究首先確定好研究背景、研究動機與目的，針對台灣近年來三大稅法做文獻探討，分別是「奢侈稅」、「實價登錄」及「房地合一稅」，透過系統動態研究方法，在研究發現與分析中，將文獻解構成稅法對市場供求、房地產價格以及投資與產出三方面的影響，接著透過系統動態模型的建構（因果環路圖），分析出台灣稅法對房地產市場的影響以及利害相關人在這過程中的想法與做法，最後總結本研究的結論：政府應如何改善政策。
There are many factors affecting the volume and price of real estate, such as: the overall economy, the individual economy (smooth face),The bank loan interest rate is lower than the price index, The supply and demand demand (self-occupation), The tax system. Especially in Taiwan, for example, there are Tusi The concept of wealth and the embarrassment of everyone who owns a "home", so real estate has become an important target in Taiwan.Although the government has carried out several tax systems and policy reforms in the past for the real estate industry in order to curb housing prices. The results have not been effective. In the past ten years, housing prices have continued to rise, and the volume of transactions has fallen. From the perspective of investment, low interest rates encourage investors to invest more capital in real estate, and the Taiwanese people have the idea of land private wealth, resulting in nearly ten real estate. The annual housing prices continue to increase, coupled with the government's intention to increase the tax system, so as to slow down the pace of real estate investment. But because real estate for Taiwanese culture, buying a house is a necessary purchase of assets, and in terms of long-term investment.It is also an investment with a high return on investment. However, in the case of a higher tax system. For example, the current value of the original land announcement is 20% of the market price. After the 103-year real price registration, the Taichung City of the five major counties is used as an example. The current value of the city land announcement has been raised to 60-70% of the market price. However, the construction business will not be burdened with additional taxes. The builders will pass these taxes on to consumers. And as a result of Taiwanese culture, consumers will continue to buy.This is a vicious circle, causing a bubble in the Taiwan real estate market. Therefore, the purpose of this paper is to analyze the different types of government real estate policies, tax policies, real estate development trends, overall factors and transaction transparency. We will also study the impact of government taxation policies on real estate investment.This study first determines the research background, research motivation and purpose, and discusses the three major tax laws of Taiwan in recent years. They are “luxury tax”, “real price registration” and “real estate tax”. In the research findings and analysis, the literature is deconstructed into the impact of tax law on market supply and demand, real estate prices, and investment and output. Then, through the construction of the system dynamic model (causal loop diagram), the Taiwan tax law is analyzed for the real estate market. The impact and the thoughts and practices of stakeholders in the process, and finally summarize the conclusions of this study: how the government should improve its policies. |
