Apocalypse Now? Fundamental Tax Reform and Residential Housing Values

Donald Bruce and Douglas Holtz-Eakin

No 6282, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Using a simulation model crafted to integrate the short-run and long-term impacts of tax" reform on the housing market, we find modest impacts from fundamental reform of the Federal" income tax. These results suggest that concerns over the impact of tax reform on housing values" and household net worth are overstated. To the extent that reform is otherwise desirable drastic effects on the housing market should not stand as an impediment to reform."

JEL-codes: H24 (search for similar items in EconPapers)
Date: 1997-11
Note: PE
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Citations: View citations in EconPapers (8)

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