Taxing residential housing capital

Urban Studies

Volumn 40, Issue 5-6, 2003, Pages 937-952

  Englund, Peter ^a  

^a STOCKHOLM SCHOOL OF ECONOMICS   (Sweden)

Author keywords

[No Author keywords available]

Indexed keywords

CAPITAL MARKET; HOUSING MARKET; INTEREST RATE; TAX SYSTEM;

SWEDEN;

EID: 0037799496     PISSN: 00420980     EISSN: None     Source Type: Journal    
DOI: 10.1080/0042098032000074254     Document Type: Article

References (57)

1. ARNOTT, R. (2002) Neutral property taxation. Unpublished manuscript, Boston College.
2. ARNOTT, R. and PETROVA, P. (2002) The property tax as a tax on value: deadweight loss. Unpublished manuscript, Boston College.
3. ATKINSON, A. B. and STIGLITZ, J. E. (1980) Lectures on Public Economics. London: McGraw-Hill.
4. BERG, L. and BERGSTRÖM, R. (1995) Housing and financial wealth, financial deregulation and consumption-the Swedish case, Scandinavian Journal of Economics, 97, pp. 421-439.
5. BERGER, T. and BOIJE, R. (2000) En statistisk utvärdering av småhusens taxeringsvärden, in: Fastighetsbeskattning-precision, påverkansmöjligheter, individuella bedömningar, annex 2. Report of the government Committee on Property Assessment, SOU 2000:10. Stockholm.
6. BROWNSTONE, D. and ENGLUND, P. (1991) The demand for housing in Sweden: equilibrium choice of tenure and type of dwelling, Journal of Urban Economics, 29, pp. 267-281.
7. BROWNSTONE, D., ENGLUND, P. and PERSSON, M. (1985) Effects of tax reform on the demand for owner-occupied homes, Scandinavian Journal of Economics, 87, pp. 625-646.
8. BROWNSTONE, D., ENGLUND, P. and PERSSON, M. (1988) A microsimulation model of Swedish housing demand, Journal of Urban Economics, 23, pp. 179-198.
9. BRUCE, D. and HOLTZ-EAKIN, D. (1999) Fundamental tax reform and residential housing, Journal of Housing Economics, 8, pp. 249-271.
10. CAPOZZA, D., GREEN, R. and HENDERSHOTT, P. H. (1999) Tax reform and house prices: large or small effect?, in: NTA Proceedings of the 91st Annual Conference, pp. 19-24.
11. CASE, K., QUIGLEY, J. M. and SHILLER, R. S. (2001) Comparing wealth effects: the stock market versus the housing market. Working Paper No. 8606, NBER.
12. CASE, K., SHILLER, R. S. and WEISS, A. (1993) Index-based futures and options markets in real estate, Journal of Portfolio Management, 19(2), pp. 83-92.
13. CNOSSEN, S. (1999) Taxing capital income in the Nordic countries: a model for the European Union?, Finanz Archiv, 56, pp. 18-50.
14. DIAMOND, P. A. and MIRRLEES, J. A. (1971) Optimal taxation and public production I: Production efficiency; II: Tax rules, American Economic Review, 61 pp. 8-27 and 261-278.
15. DIPASQUALE, D., and WHEATON, W. C. (1996) Urban Economics and Real Estate Markets. Englewood Cliffs, NJ: Prentice-Hall.
16. DISALVO, P. and ERMISCH, J. (1997) Analysis of the dynamics of housing tenure choice in Britain, Journal of Urban Economics, 42, pp. 1-17.
17. EDIN, P.-A., ENGLUND, P. and EKMAN, E. (1995) Avregleringen och hushållens skulder [Deregulation and Household Debt], in: BANKKRISKOMMITTÉN (Ed.) Bankerna under krisen, pp. 73-130. Stockholm.
18. ENGELHARDT, G. V. (1996) Consumption, downpayments, and liquidity constraints, Journal of Money, Credit, and Banking, 28, pp. 255-271.
19. ENGLUND, P., HENDERSHOTT, P. H. and TURNER, B. (1995) The tax reform and the housing market, Swedish Economic Policy Review, 2, pp. 319-356.
20. ERMISCH, J. F. and FINDLAY, J. (1996) The price elasticity of housing demand in Britain: issues of sample selection, Journal of Housing Economics, 5, pp. 64-86.
21. FASTIGHETSBESKATTNINGSKOMMITTÉN (2000) Likformig och neutral fastighetsbeskattning [Symmetric and Neutral Property Taxation]. Report by the Government Committee on Property Taxation. SOU 2000: 34. Stockholm.
22. FELDSTEIN, M. S. (1977) The surprising incidence of a tax on pure rent: a new answer to an old question, Journal of Political Economy, 85, pp. 349-360.
23. FLAVIN, M. and YAMASHITA, T. (2002) Owner occupied housing and the composition of the household portfolio, American Economic Review, 92, pp. 345-362.
24. FULLERTON, D. (1987) The indexation of interest, depreciation, and capital gains and tax reform in the United States, Journal of Public Economics, 32, pp. 25-51.
25. GERVAIS, M. (2001) Housing taxation and capital accumulation, Journal of Monetary Economics, 49, pp. 1461-1489.
26. GREEN, R. and HENDERSHOTT, P. H. (2001) Homeownership and unemployment in the united states, Urban Studies, 38, pp. 1509-1520.
27. HANSSON-BRUSEWITZ, U. (1998) Self-selectivity and kinked budget constraints: the demand for housing in Sweden, Journal of Housing Economics, 7, pp. 243-272.
28. HAURIN, D. R., HENDERSHOTT, P. H. and KIM, D. (1994) Housing decisions of American youth, Journal of Urban Economics, 26, pp. 212-230.
29. HAURIN, D. R., HENDERSHOTT, P. H. and WACHTER, S. (1997) Borrowing constraints and the tenure choice of young households, Journal of Housing Research, 8, pp. 137-154.
30. HAURIN, D. R., PARCEL, T. and HAURIN, R. J. (2002) Does home ownership affect child outcomes, Real Estate Economics, 30, pp. 635-666.
31. HENDERSON, J. V. and IOANNIDES, Y. M. (1983) A model of housing tenure choice, American Economic Review, 73, pp. 98-113.
32. HENDERSON, J. V. and IOANNIDES, Y. M. (1986) Tenure choice and the demand for housing, Economica, 53, pp. 231-246.
33. HENDERSHOTT, P. H. and SLEMROD, J. (1983) Taxes and the user cost of capital for owner-occupied housing, AREUEA Journal, 10, pp. 375-393.
34. HENDERSHOTT, P. H. and WHITE, M. (2000) Taxing and subsidizing housing investment: the rise and fall of housing's favored status, Journal of Housing Research, 11, pp. 257-275.
35. IACOVELLO, M. and ORTALO-MAGNÉ, F. (2002) Hedging housing risk in London, Unpublished manuscript, Boston College and University of Wisconsin.
36. KING, M. A. (1980) An econometric model of tenure choice and the demand for housing, Journal of Public Economics, 14, pp. 137-159.
37. KNIGHT, J. R. and SIRMANS, C. F. (1996) Depreciation, maintenance, and housing prices, Journal of Housing Economics, 5, pp. 369-389.
38. LAIDLER, D. (1969) Income tax incentives for owner-occupied housing, in: A. HARBERGER and M. BAILEY (Eds) The Taxation of Income from Capital, pp. 50-76. Washington, DC: The Brookings Institution.
39. LEBLANC, D. and LAGARENNE, C. (2002) Owner- occupied housing and the composition of the household portfolio: the case of France. Unpublished manuscript, CREST-INSEE, Paris.
40. Likformig och neutral fastighetsbeskattning (2000) Property Taxation Committee report, SOU 2000:34. Stockholm.
41. MALPEZZI, S. and MACLENNAN, D. (2001) The long-run price elasticity of supply of new residential construction in the United States and the United Kingdom, Journal of Housing Economics, 10, pp. 278-306.
42. MALPEZZI, S., OZANNE, L. and THIBODEAU, T. (1987) Microeconomic estimates of housing depreciation, Land Economics, 6, pp. 372-385.
43. MIESZKOWSKI, P. (1972) The property tax: an excise tax or a profits tax?, Journal of Public Economics, 1, pp. 73-96.
44. MUELLBAUER, J. and MURPHY, A. (1997) Booms and busts in the UK housing market, The Economic Journal, 107, pp. 1701-1727.
45. NARWOLD, A. (1992) The distribution of benefits of tax arbitrage in the housing market, Journal of Urban Economics, 32, pp. 367-376.
46. NIELSEN, S. B., and SøRENSEN, P. B. (1997) On the optimality of the Nordic system of dual income taxation, Journal of Public Economics, 63, pp. 311-329.
47. NOORD, P. VAN DEN and HEADY, C. (2001) Surveillance of tax policies: a synthesis of findings in economic surveys. Working Paper No. 303, Economics Department, OECD, Paris.
48. OSWALD, A. (1996) A conjecture on the explanation for high unemployment in the industrial nations: Part I. Unpublished manuscript, University of Warwick.
49. POTERBA, J. (1984) Tax subsidies to owner- occupied housing: an asset market approach, Quarterly Journal of Economics, 99, pp. 729-752.
50. ROSEN, H. S. (1979) Housing decisions and the U.S. Income tax, Journal of Public Economics, 11, pp. 1-23.
51. ROSEN, H. S. (1985) Housing subsidies: effects on housing decisions, efficiency, and equity, in: A. AUERBACH and M. FELDSTEIN (Eds) Handbook of Public Economics, pp. 375-420. Amsterdam: North-Holland.
52. ROTHENBERG, J., GALSTER, G., BUTLER, R. and PITKIN, J. (1992) The Maze of Urban Housing Markets. Chicago, IL: University of Chicago Press.
53. SCHOLTEN, U. (2000) The euro and owner- occupancy rates in Europe. Unpublished manuscript, Princeton University.
54. SEKO, M. (2002) Nonlinear budget constraints and estimation: effects of subsidized home loans on floor space decisions in Japan, Journal of Housing Economics, 11, pp. 280-299.
55. SKINNER, J. (1996) The dynamic efficiency cost of not taxing housing, Journal of Public Economics, 59, pp. 397-417.
56. TOPEL, R. H. and ROSEN, S. (1988) Housing investment in the United States, Journal of Political Economy, 96, pp. 718-740.
57. ZODROW, G. R. (2001) The property tax as a capital tax: a room with three views, National Tax Journal, 54, pp. 139-156.