If it is said that before the introduction of the property tax, then the property market will certainly appear a lot of second-hand houses, because now a lot of people have money, they don't buy, more than one set of houses or said to buy a few sets of houses used for investment, but if it is said that there is a property tax, then the tax paid by each of their houses is really much higher than the rent they charge, so that a large number of second-hand houses will also continue to appear.
In fact, the house is really used to live, not for investment, this is not many years ago, because now people's mindset drink some consumer concepts are also slowly changing, the main thing is to have a set of houses for living on it, they can be used for some of the children's education and health care but also on their own investment above. The actual property tax, if any, will result in a situation where a lot of rich people will sell their houses in a big way.
In fact, even if the property tax did not come out before, now a lot of people have no one, when things will also be excess house sold out, because they know that the annual property tax is a lot of money, if you can rent it out in a good location, if the location is not very good, then it is a waste of resources to be idle. This sometimes, we are faced with these situations, but also based on your local city all the listings a geographic location to decide.
Even though people are now slowly realizing that a house is only what you need to buy, and if you don't need it, you might as well just rent a house to live in, it's also based on your local habits, such as young people getting married and possibly buying a house. If the property tax appears, then young people as long as there is a house in the hands of this is not taxed at all, but if you have more than two sets of hands, you may have to pay the tax. So that the property tax before the arrival of the words, there should be a large number of second-hand houses appeared it.