Capital gains taxation and house price fluctuations

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Capital gains taxation and house price fluctuations

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dc.contributor.author Fuest, Clemens en_US
dc.contributor.author Huber, Bernd en_US
dc.contributor.author Nielsen, Søren Bo en_US
dc.date.accessioned 2009-02-04T10:27:55Z
dc.date.available 2009-02-04T10:27:55Z
dc.date.issued 2004-12-27T00:00:00Z en_US
dc.identifier.uri http://hdl.handle.net/10398/7640
dc.description.abstract Recent years have seen large swings in house prices in many countries. Motivated by housing price variations, proposals for taxing capital gains on housing have repeatedly been put forth. The idea seems to be that such taxes would curb the redistribution occurring between those owning houses and those trying to get into the market for owner-occupied housing. Our paper shows that at least in simple settings, a tax on real capital gains on housing will only lead to even bigger price swings and will not be able to redistribute between people appearing on either side of the housing market. Keywords: capital gains tax, housing market, price fluctuations JEL-Classification: H23, H24, R 31. Addresses: en_US
dc.format.extent 29 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Working paper;2004-016 en_US
dc.subject.other kep en_US
dc.title Capital gains taxation and house price fluctuations en_US
dc.type wp en_US
dc.accessionstatus modt04dec27 miel en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Økonomisk Institut en_US
dc.contributor.departmentshort ECON en_US
dc.contributor.departmentuk Department of Economics en_US
dc.contributor.departmentukshort ECON en_US
dc.idnumber x65645502x en_US
dc.publisher.city København en_US
dc.publisher.year 2004 en_US


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