양도소득세제가 주택시장에 미치는 영향분석

양도소득세제가 주택시장에 미치는 영향을 분석했다.

This study is intended to analyze the effect of the general taxation of capital gains on housing and the heavy taxation of capital gains on multi-housing holders on housing market, such as the flow of housing, housing price, the transfer of tax burden, alternative investment market and unsold housing market. Through this, It attempts to analyze the positive and negative effects on the capital gains tax system and presented the direction for the capital gains tax system to pursue and its reasonable improvements. For the purpose of this analysis, it confine the scope of time to the period between the period of participant government to June, 2009.

And it confine the scope of space to the metropolitan area and limited the scope of content to the transfer capital gains tax system related to housing. For the purpose of efficient progress, it conduct the descriptive study and employed the statistical analysis method using SAS 9.1 to test the study hypotheses as follows: First, frequency and percentage were calculated to investigate the present situation of home ownership and income as well as the characteristics of demographic background.

Second, correlation analysis was conducted to investigate the effect of independent variables such as the capital gains tax rate and the system on dependent variables such as housing sales, housing price, alternative market, unsold housing market, and anomalous tax transfer. Third, the linear form between independent variable and dependent variable was calculated to investigate the effect of the independent variable on the dependent variable and linear regression analysis was conducted to measure the effect of the independent variable on the dependent variable. To test the linear regression analysis, this study set the study hypotheses and they were tested for empirical analysis.

As a result, the following findings is obtained: First, an attempt is make to investigate the effect of the capital gains tax on the housing market. As the capital gains tax rate is perceive to be high, the housing price rose because the reduction of housing sales. And as the capital gains tax rate is perceive to be high, alternative investment in stores and unfair tax transfer is active, and the drop of the capital gains tax rate reduce the volume of unsold housing.

Second, an attempt is make to investigate the effect of the capital gains tax system on the housing market, the frequent amendment of the capital gains tax system and the non-deduction of interests on a loan reduce housing sales, which raise the housing price. And non-taxation on one house per household and the exclusion of special deduction for long-term held housing of more than two houses per household reduce housing sales and raise the housing price, and the reduction of the capital gains tax rate increase housing sales. The results of this analysis indicate that it is necessary to take advantage of the capital gains tax system as the tax policy to stabilize the housing market.

It can be find that being faithful to the original function of the capital gains tax can improve people's consciousness of tax payment and guarantee predictability and legal stability. And this study is its significance in that it the position of the capital gains tax system can be locate in the actual housing market by analyzing the questionnaire for taxpayers as well as tax specialists. Furthermore, it is expected that the results of this study will contribute to the stability of the housing market and be used as the important material for policy that the capital gains tax system should pursue.