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My understanding is that there's no property tax in China [1] which makes holding empty property a lot more attractive than it is here. [1] I lived in China fo
by ultrasaurus 16y ago
My understanding is that there's no property tax in China [1] which makes holding empty property a lot more attractive than it is here.
[1] I lived in China for years, but I learnt that here: http://yglesias.thinkprogress.org/2010/06/china-eyes-property-tax-to-combat-speculation/ http://yglesias.thinkprogress.org/2010/06/china-eyes-propert...