The Housing Ladder, Taxation, and Borrowing Constraints

Topics:
Taxes
Tags:
Capital Structures,
Erasmus University Rotterdam,
Finance,
Financial Planning,
Free Trade,
Income,
Mortgages,
Operational Accounting,
Taxes
Source:
Erasmus University Rotterdam

FREE Registration is required

Overview: Using a multi-tier model of the housing market, this paper shows that both starters and movers benefit from mortgage interest deduction for higher income groups. However, such tax favoring also tends to facilitate house price explosions, especially when interest rates and down-payment ratios are low. More in general, the efficiency of implicit tax subsidies to homeowners depends critically on the price responsiveness of new construction, which is found to differ strongly from country to country.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 590KB | Date: Jun 2003 | Pages: 27

Top results from Taxes

Case Study Doosan Heavy Industries America Corporation Equips to Win More Business with Microsoft Dynamics CRM Online
White Paper Rule Enabling Applications With Oracle Business Rules
White Paper Is your data at risk?: Why physical security is insufficient for laptop computers
White Paper Physical Security in Mission Critical Facilities
White Paper State Capital Taxes and the Location of Investment: Empirical Lessons from Theoretical Models of Tax Competition

» View all Taxes listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).