Investment in Housing in the United States : A Portfolio Approach; The Possible Effects of Changes in Tax Policy /
It is well known that the preferential tax treatment of housing induces an inefficient allocation of saving and investment. This paper analyzes, in a portfolio framework, how eliminating the deductibility of mortgage interest payments for federal income tax purposes might affect investment in housin...
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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1990.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 1990/099 |
| 在線閱讀: | Full text available on IMF |