Housing Taxation and the Economic Benefits of Homeownership
Anthony O'Sullivan and
Kenneth Gibb
Housing Studies, 2012, vol. 27, issue 2, 267-279
Abstract:
This paper re-considers the arguments for reforming housing taxation in the UK on the basis of a review of evidence on the macro- and micro-economic effects of homeownership. The paper then examines the political economy of feasible tax reform. This currently involves a context of extreme fiscal pressure and a political system wedded to the housing tax status quo. The paper concludes by suggesting elements of a strategy to progress a much-needed debate on taxation that is consistent with but goes beyond arguments recently made by Shelter and the Joseph Rowntree Foundation Housing Market Task Force.
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:taf:chosxx:v:27:y:2012:i:2:p:267-279
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DOI: 10.1080/02673037.2012.649470
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