政府打房政策之執行與營建股股價變動趨勢分析

近幾年，由於供需失衡與投機作為，台灣的房價逐漸高漲，在這種情況下，政府為了平穩房市，打擊短期炒作的行為，政府各部會積極出招，相繼祭出打房政策、課徵奢侈稅、一戶一屋、豪宅交易大查稅、積極查核預售屋炒作等各項相關政策，希望藉此能夠改善房價高漲問題。隨著政府因應房地產市場供需所推出的打房政策，接連帶動影響營建股成長趨勢，未來營建股股價發展是否會因為政府政策而受到重挫影響。本研究結果顯示：政府打房政策對營建股股價有負向影響；房地產市況與奢侈稅課徵會負向影響營建股股價變動；奢侈稅課徵會有負向影響房屋市場行情。

關鍵字

政府政策；營建類股；房地產業；房價

並列摘要

In recent years, due to imbalances in supply and demand and speculation, house prices in Taiwan have been gradually rising. Under such circumstances, in order to stabilize the housing market and crack down on short-term speculation, the government ministries will actively make moves and resort to house-building policies and classes. Luxury tax, one-family-one-house, tax-checking of luxury housing transactions, active checking of pre-sale housing speculations, etc., are all related policies that hopefully will help improve housing prices. With the government’s housing policy introduced in response to the supply and demand of the real estate market, the growth trend of construction stocks has been affected in succession, and whether the development of the stock construction price of the construction stocks will be adversely affected by government policies. The results of this study show：that the government's housing policy has a negative impact on the construction stock price；real estate market conditions and luxury taxation will negatively affect the stock price changes；the luxury tax levy will negatively affect the housing market.