Perspective America ordinary workers to work for 5 years to buy 300 square meters of houses
Author:Liu Zhirong

(People.com.cn Xinhuanet.comEtc.Thousands of media reprint this articleUSA) from the perspective of the history of the real estate market, it should be said, American prices are stable in most of the time, the increase in house prices lower than the bank interest rate. In this paper, through the perspective of America real truth, to reveal the secret America prices stable.

1Ordinary workers a year salary to buy 60Square metres of housing

We first have a look American latest prices. According to the USA Bureau of statistics and the Department of housing and urban development, released the latest report, 2010 November American sold a total of 290000 sets of new houses, new home sales price between $213000 (including the land price, the same below). America each set of housing construction area in the middle value of 303 square meters, the middle value of the property area is 1416 square meters (America housing to the independent villa). In 2009, America national per capita wages of employees is $43460, that is to say, American ordinary workers with less than 5 years of wages can buy a set of over 300 square metres of the new premises, a year of wages to purchase 60 square metres.

Prices below $150000 for 17%, 150000 - $199999 - $299999 accounted for 27%, 200000 accounted for 27%, 300000 - $399999 - $499999 accounted for 15%, 400000 accounted for 6%, 500000, $749999 for 6%, $750000 more than accounted for 2%.

In 2010 November, 20 large USA city house prices fell by 1.32% compared with the previous month, compared to 2010 decreased by 2.39% in August, compared to 2009 decreased by 0.80% in November, down 8.08% from 2008 November, down 24.70% from 2007 November. Las Vegas house 3 years fell 51.61%, Losangeles, Tampa, Miami, Phoenix, Detroit also fell more than 30%.

Below, we then have a look America changes over the past few decades prices.

2 The rate of increase in housing prices lower than the bank interest rate

America in 2008 a total of 128203000 sets of permanent housing (in addition to 4402000 sets of seasonal housing), 80406000 sets of independent housing, independent housing accounted for all types of housing 63%. America population is 304059724, every 2.37 person has a permanent housing, 2008 America average household (life of the people live in a house a households, and households have not) 2.55 people, that is to say, USA now housing has been saturated. USA housing owned rate is 68.3%, the rental rate of 31.7%.

American prices in 1940 the average cost of $30600, $44600 in 1950, to $58600 in 1960, to $65300 in 1970, to $93400 in 1980, to $101100 in 1990, to $119600 in 2000, an average annual increase of 2.3%, lower than the bank interest rate.

However, the 8 years of the George W. Bush administration's prices rose the most American history period. Because of the George W. Bush tax cuts, and in his first year put $237000000000 fiscal surplus Clinton leaving behind a drop to $127000000000, or second years in the fiscal deficit, that is to say, George W. Bush within two years of the Clinton left $237000000000 to have dissipated. George W. Bush leaves office, to USA left a deficit of $1750000000000, a record budget deficit American history. The tax cuts, the citizens have the extra money for real estate investments, house prices were pushed up to the highest point in history, the real estate bubble burst triggered by the financial crisis, disastrous for America and the world economy.

Below, I through the purchase of American friend of Jessica, have a look the Americans buy a house and keep housing what are the costs.

3 Used in the house tax

The summer of 2009, Jessica bought a independent housing in America Blaine Minnesota city spent $280000. The house was built in 2000, a total of three layers, the indoor area of over 500 square meters, office 2, 5, 4, and 2 who lie garage (one of which is a 2 parking spaces around the house), is green, land area of 2500 square meters. The house sits on a golf course, beautiful scenery, quiet environment, the world's number one golfer Woods also came here to play.

There is a need to explain, when more than 500 square meters of the use of the area to buy only 400 square meters, 100 square meters basement although floor heating, but no decoration, so the area is not. Buying a house, she renovated the basement, if sell now, even if the basement area, have written more than 500 square meters. Independent housing American basement unlike basement, our complete darkness, their basement is at most half underground, beneath the living, entertainment, fitness, Party no problem. Jessica spent $40000 on a house renovation, paint, and the replacement of the central air conditioning.

Real estate transaction, in addition to a payment or Shoufu, also need to pay the inspection fee (about $200), the loan application fees, fees, transfer of registration fees, measuring the attorney's fees, transaction tax, fuel tax, property tax and other heating costs, all of these taxes are added together, price was 3% ~ 8%. If you hire a real estate agent to purchase housing (real estate brokers typically employ by the seller), still need to pay the broker a fee, the cost price is 5% ~ 7%.

The house each year to pay real estate taxes of $8000, about 2.86% of the purchase price. Property tax can be half a turn, can also be a year. Real estate trading day before the payment of real estate taxes, buy a house who from the beginning of the trading day, pay the real estate tax. If the house is mortgage purchase, but also the stamp tax on loan amount of levy of 0.35%, plus 0.002% tax credits (intangible tax). On the mortgage property buyers, real estate tax paid by the bank.

In addition to the property tax, but also pay a garbage disposal fee. Waste disposal fees according to the number of bins for each bin, to pay a $10 monthly. There are two trash Jessica home, one for the placement of the ordinary garbage, one for the placement of Recyclable garbage, garbage disposal fee per month to $20.

American retains the main cost housing is the real estate tax, generally speaking, America real estate tax rate is 1% of a home's value to 3%. The real estate tax vary widely among regions, and even different parts of a city tax is not the same, the rich area, community environment is good neighborhood real estate tax rate is relatively high. This can be understood, but also high prices high area real estate tax rate, because the house near the public investment, schools, hospitals, parks, banks, bus, stadiums, theaters have everything that one expects to find, which brings great convenience to the life and work, should also pay more taxes.

According to the American Bureau of statistics data, in 2009 America since housing valuation was $185200, the family real estate tax amount was $1917. Real estate tax, tax is the highest state of New Jersey, the real estate tax a median of $6579, the tax rate is 1.89%, the real estate value was $348300, the median household income of $88343. Real estate tax tax is the lowest in the Luis Anna S, the real estate tax a median of $243, the tax rate is 0.18%, the real estate value was $135400, the median household income of $54216.

USA law passed in 1798 on the property tax, the property is divided into three categories: (1) the value of more than $100 housing. (2) 12 years old to 50 years old slave. (3) land. As can be seen, in the early days American began to levy real estate tax, and property tax and land tax levied separately. When the real estate tax and estate tax rate is the same, is called the single rate; when the property tax and property tax rates are not the same, called split rate. USA some states a single tax rate, some in a split rate. A single tax rate of real estate tax is simple, first assessed property value and property values, then the two together, the total value of the real estate, multiplied by the real estate tax rate, it shall pay the real estate tax. Cleavage rates of real estate tax omitted some trouble, first assessed property value and property value, and then, with the value of real estate property tax rate multiplied by the property tax, taxes, and real estate value multiplied by the estate tax rate that estate tax tax, the property tax tax and estate tax amount of additive, the total Na the tax on the real estate tax.

Speaking of real estate, the reader is sure to ask USA problem, land ownership, below we have a look USA have a real piece of private land.

4 Private land as Chinese public free

Many people in China think, in America bought the house, the house belongs to own, because the private ownership of land.

This understanding is wrong. First of all, the house is life, design life Chinese houses in general for 50-70 years, the design life of the house, if not I can't live, because that would become a dangerous. So, whether the land is public or private, they always have this house is not possible.

America law permits private land, but the private land area is accounted for about half of the land area, the remaining half owned by the federal government, state government, county government and town government.

In USA, you have a piece of private land, absolutely not in Chinese a public land more free use of your land. For example, you buy a piece of land to build a house, but the house height, style, building materials, even the thickness of the glass, color the house must pass through the local planning department approval, you do not have any right in your land as a house.

If you buy a belt estate independent housing, in addition to general cleaning, painting and coating color according to requirements, you may not change any wall, increase a tub are submitted for approval to the municipal department.

Do you have a villa, like flowers, flowers, don't you, must be in accordance with the kinds of government regulations. The yard can not keep pets, large animal and crow dog, chicken, sheep, pigs and other animal can't breed. Also, the clothesline are not allowed to pull the yard, do not set up the television antenna, the national flag is not hanging in the tall pole.

You see, you are China house without estate ownership, just do these things for you, nobody tube you. In American although the land all to himself, but the government does not allow you to do this or that, actually is rented, because every year to pay land tax.

Not but the housing land management of the city so strict, so farmers farm. If you bought a farm in the USA, do not you think what kind of is what, for any crop needs a government license, so you kind of corn, you can't grow soybeans, but can not change the nature of farmland.

Some people say, American private ownership of land, the discovery of oil in the land below, but also their. This is wrong. In his own land. The discovery of oil, to mining, still need to license, to pay a hefty fee. In fact, American underground storage a lot of coal and oil, but the government will not allow mining, but for future generations to use.

Many people know the slogan of bourgeois revolution is "the inviolability of private property", but it was just a slogan, in American various laws, could not find any law said "the inviolability of private property", American constitution still provides government in the public eye, fair compensation for the private property to requisition.

You see, in a strictly real sense, in America couldn't find a piece of land is private, it is exclusive, disposal. In fact, those that have their own land, is essentially from the government to pay rent, land tax is the rent, if the government needs this land, according to the law to requisition.

We'll come back to the house and the land property rights.

5 Building residents have no land property rights

In USA, if independent housing, also is the villa, we say that good, you can buy a piece of land to build their own, because the cover only the land of your own house, the property of land and house property can be integrated. So buy independent housing.

City building is different, a building dozens of floors, just below the point of land, how the land allocated to the hundreds of families? Any person on that land, are unable to identify which square meters belong to him. The homestead unable to divide the boundary, no matter how distribution, all do not have the property required clear boundary and exclusive, that is to say, the building residents, the owners of private land ownership person from a legal perspective is not possible. So, American relevant legal provisions, apartment property is just the space property (ownership of only the air space), not including land property rights.

That building the land below is who? And the United Kingdom, as the building's homestead cannot be private, so, the law allows the same building owners if more than 2/3 of people agree, can a company, established the first all paid, that building houses and courtyards and access roads to buy down, then, of land has the right to the company the shareholders of the company, that is common to all. If a building owner not most people more than 2/3 to purchase the land, the ownership of land in the hands of developers holding, if he bought it, of course, perhaps he rented, at this time, the ownership of land in the third party.

One solution to this building land ownership is treated, USA building tenants have various forms of selection, and the housing cooperative building, it is equivalent to China of housing, we buy the land levy, and distribution, but this need by the owners of capital employed special personnel to pay various taxes and fees, property management, because land ownership is not in private hands, still need to pay land tax, real estate tax in the name of unit.

A city USA partition system, where is the business district, where is a residential area, where is the industrial zone, has a clear division, can not cross the use. Therefore, the residential land rarely have the opportunity to change the use, so, land appreciation of space is very small. We can see from the statistical data, America real estate prices, in fact, is the price of the house. In 2009, the average price of new home sales America independent housing for about $270900, $838.9 / square meters, but the year USA independent housing construction contract price was 860.2 U. S. dollars / sq m, an average of 936.9 U. S. dollars / sq m. Seen from the figures, new home sales price even America construction costs are not enough, that is to say the land a don't, gratis.

We Chinese seems to really care about homestead in 70 years time, but we must first understand a premise, that is China constitution land may not be private, land sale is illegal, is to go to jail. Housing property permits to write clearly, land use for many years, what time from the beginning, to what end. Also, our housing design life of not more than 70 years, the land has not resumed by the government, on the back of the house, considering the problems in 70 years didn't have the necessary.

The Americans know how this problem?

6 Americans on the land ownership is indifferent

American while allowing private ownership of land, in the USA, people on the Homestead Land Ownership look very pale. The time of writing this article, I give my friend Jessica call, ask her to buy that house land property rights? She was puzzled, never on the issue fee had thoughts, for a few years do not know that they have no land ownership.

Americans living in a house with an average of 7 years, 7 years to move again, the map house live comfortable, who also care about land ownership is who.

The reader may say, the land ownership, and can be used as a heritage for future generations. American legacy tax of progressive tax rate, the higher the value of the house, the percentage of the tax increases, up to 55%. In USA, inheritance property is quite complex, to fill in the tax return forms have 60 pages, it is said that it takes a month to complete the. So, Americans do not want land value added to the house, or inheritance tax is very high, borrow or difficulty. In America, inheritance tax is not over, house will be confiscated.

In American, 96% of the people in a year can inherit the property sold, because of their own house, empty the house and real estate tax, uneconomical. If the inheritance is the old house, but also often repair, not only costly, bother, do not need to maintain, as cash benefits, pocket money, think of where to spend on where to spend. Even those who build it strong house, can a few generations, one hundred or two hundred years later, that don't know who is the USA, because there is such a law, the government can use private property identified as monuments, from the original private property, only the right to use, also responsible for the maintenance, any time may change the face of the historic property reverted to the government, property.

Pennsylvania central station in New York city is private property, a hundred years of history, the New York city government be prompted by a sudden impulse, decided to turn it into monuments protected, while the station master ready to put the old station extension. The station master felt that it was his own house, how to rebuild on how reconstruction, the New York municipal government on the court, the lawsuit has been hit by the Federal Supreme Court didn't win.

USA history had a brief period of the abolition of estate duty, can American millionaire is lobbying Congress he's really not letting this go, every day, to resume the collection of inheritance tax. As of 2001, 120 America millionaire joint statement on "New York Times", urged the government not to abolish estate duty. These include Bill Gate's father, William and Buffett, Soros, Rockefeller etc.. Old William wrote in the petition, the elimination of the estate tax will make USA millionaire, billionaire children something for nothing, the rich always rich, the poor always poor, which will hurt the poor families.

To sum up, America prices are stable in history basically. Chinese house investment for many families, the labor remuneration is not a generation of labor remuneration, but generations. Yes, the price is decided by supply and demand relations, but China present house needs most to the real, the real housing needs of the people cannot afford to buy a house. Real not speculation in the stock market, the stock is a digital, building must possess a large amount of capital, consumption of natural resources and labor, causing serious environmental pollution. Therefore, the government should as soon as possible in the urban area of housing levy property tax on real estate tax to curb prices, only this took the reins. (this article"A weekly" financing in January 28, 2011 138th Originally entitled "USA a 500 square meters villa to spend how many taxes and fees"The author's blog:Http://blog.sina.com.cn/zhirong)
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