SHANGHAI, CHINA - DECEMBER 12:  Visitors look at housing models during the 24th Shanghai Real Estate Exhibition and Trade Fair on December 12, 2008 in Shanghai, China. Following the recommendation by the recent Central Economic Work Conference to construct more low-cost houses and reduce tax burden for individual home purchases, China's central government is working on a policy to cut the business and income tax imposed on property transactions to further stimulate the country's sluggish real estate market. Getty Images logo Getty Images 21 months ago

SHANGHAI, CHINA - DECEMBER 12: Visitors look at housing models during the 24th Shanghai Real Estate Exhibition and Trade Fair on December 12, 2008 in Shanghai, China. Following the recommendation by the recent Central Economic Work Conference to construct more low-cost houses and reduce tax burden for individual home purchases, China's central government is working on a policy to cut the business and income tax imposed on property transactions to further stimulate the country's sluggish real estate market.