Based on the data of real estate tax and house price during 1988-2006,this paper studies the relationship between real estate tax and house price by cointegration analysis,ECM and Granger causality test.The results shows that:there exists a long-term stable equilibrium relationship between real estate tax and house price,and they are positively correlative,and the increase of real estate tax would cause the growth of house prices;without considering the impact of local public expenditure on house price,the ...