Does the tax relief for homeownership have effect on household mortgage leverage?
نویسندگان
چکیده
منابع مشابه
The mortgage interest deduction and its impact on homeownership decisions
This paper examines the impact of the combined U.S. state and federal mortgage interest deduction (MID) on homeownership attainment, using data from 1984 to 2007 and exploiting variation in the subsidy arising from changes in the MID within and across states over time. We test whether capitalization of the MID into house prices offsets the positive effect on homeownership. We find that the MID ...
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ژورنال
عنوان ژورنال: E+M Ekonomie a Management
سال: 2018
ISSN: 1212-3609
DOI: 10.15240/tul/001/2018-1-004