Subsidies to owner-occupiers: some estimates from data on individual households
نویسندگان
چکیده
In this paper, the subsidies accruing to owner-occupiers in the Newcastle travel-towork area (TTWA) for the period 1985-87 is examined. Data at the micro level from two building societies are used to produce estimates of the impact of mortgage-interest tax relief at source and the nontaxation of imputed rent. The overall level of subsidy is shown to have fallen through time and the greatest relative subsidies are given to households with the smallest taxable income. The effect of the income elasticity of demand for housing on subsidy levels is considered and an estimate of the income elasticity of demand is produced for the Newcastle TTWA. Finally, some spatial effects of housing subsidies are discussed.
منابع مشابه
Housing subsidies and work incentives in Great Britain.
In Great Britain the move away from rented accommodation to owner occupation is leaving behind a large group of households with low incomes, wages and hours of work, and high housing costs, who are increasingly in receipt of welfare transfers. The disparity along all of these dimensions between renters and owner occupiers has continued to grow since the 1970’s. The relationship between housing ...
متن کاملاندازه گیری آسیب پذیری کودکان کشور در مقابل فقر
Objective: The aim of measuring vulnerability of children to poverty is to estimate the probability 01 being poor according to the household’s head socioeconomic characteristics. The estimates of the vulnerability to poverty can be used as a guideline to the policymakers to allocate the public subsidies to the poor children and their families. Methodology: Children are at a higher risk of ...
متن کاملاندازه گیری آسیب پذیری کودکان کشور در مقابل فقر
Objective: The aim of measuring vulnerability of children to poverty is to estimate the probability 01 being poor according to the household’s head socioeconomic characteristics. The estimates of the vulnerability to poverty can be used as a guideline to the policymakers to allocate the public subsidies to the poor children and their families. Methodology: Children are at a higher risk of ...
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