2015-05-15

Fear Of Economic, Personal Impact, Bureaucratic Turf Battles Slow Property Registration System

Department of Homeland aspects of real estate registration office data show that as of the end of March, more than 300 cities of the state union, more than 2,800 counties flag, only 50 cities, 101 counties completed the integration of real estate registration duties, accounting ratios of less than 16% and 4%.

City and county levels to advance the causes of slow, Shanghai E-House Real Estate Institute researcher Yan leap forward in the "China Sankei Shimbun" reporter, said, "Many local governments do not have much incentive to promote such a system, because basically from local development to consider, so there is such a 'retreat'. And do not place for such practices, too, and the economic interests of the local governments concerned. Once released, may involve local debt, land finance and other issues, not Some local governments do not want to rule out exposure family property. "

Only Guangdong province may be finished by June.

"Real estate registration system to promote the process, will face the following problems," Yan Yuejin said: "First, because the real estate registration system to promote unity, involving the relevant government departments to adjust the agencies, so the relevant government officials are holding a conflict Psychology. Second, since the real estate needs of the caliber unified registration system for unified resources of various types of real estate, especially in all types of property attributes currently a gap between the second and third tier cities big, so the future conduct of this registration process, will require make a standardized process that will delay the process of promoting such a national network. "
The irony of slowing the registration process for economic reasons, if that is the case, is that property taxes will replace land finance.

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