|
| << previous | next >> |
Journal description
All volumes of the corresponding journal
All issues of the corresponding volume
All articles of the corresponding issues
Details for article 82 of 159 found articles
| Title: |
On the Effectiveness of Capital Gains tax as a Stabilizer of Real Estate Prices |
| Author: |
Kim, Woo Tack Jaang, Daehong Kim, Kyung-Soo |
| Appeared in: |
International economic journal |
| Paging: | Volume 3 (1989) nr. 4 pages 37-44 |
| Year: |
1989 |
| Contents: |
This paper examines the effectiveness of capital gains tax as a stabilizer of real estate prices. Capital gains tax is shown to induce long-term holdings of real estate through a tax deferral effects and hence negate the intended effect. Furthermore, it is shown that a change in the tax rate may stabilize the price only temporarily without any lasting effect on the speculative holdings of real estate. Of course the presence of property tax, for example, may affect speculative activities differently—a subject into which this paper does not delve. [323] |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 82 of 159 found articles
| << previous | next >> |