The Role of Tax and Subsidy Policy in Driving Australian House Prices

This paper investigates the impact of tax variables and subsidy policy on real house prices, controlling for fundamental variables. The results show that the equilibrium price of housing is negatively associated with income tax rates, but positively associated with real construction costs, real land...

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Veröffentlicht in:	The Economic record 2019-06, Vol.95 (309), p.227-247
Hauptverfasser:	Carrington, Sarah J., Li, Bob, Larkin, Matthew P.
Format:	Artikel
Sprache:	eng
Schlagworte:	Ambiguity Economic models Equilibrium Housing Housing prices Income taxes Land prices Market shares Pricing policies Subsidies Tax rates Taxation
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