IDEAS home Printed from https://ideas.repec.org/a/sae/urbstu/v23y1986i1p61-66.html
   My bibliography  Save this article

Housing and Tax Capitalisation

Author

Listed:
  • Michael Barrow

    (School of Social Sciences, University of Sussex)

  • Ray Robinson

    (School of Social Sciences, University of Sussex)

Abstract

This paper examines the effect of the tax treatment of owner occupied housing upon its price, commonly known as the capitalisation effect, and looks at how this has a differential impact upon distinct groups in the housing market. These groups are existing outright owners, existing owners with mortgages, potential purchasers and tenants. It is shown how gains and losses due to the tax treatment of owner occupied housing are distributed amongst these categories, and how they might be realised. Illustrative calculations are presented for each group. The paper shows how the process of capitalisation can exacerbate the unequal treatment of owner-occupiers and tenants and thus presents an argument for the withdrawal of the favourable tax treatment of owner-occupied housing. The problems for the different groups that this change would imply are also discussed.

Suggested Citation

  • Michael Barrow & Ray Robinson, 1986. "Housing and Tax Capitalisation," Urban Studies, Urban Studies Journal Limited, vol. 23(1), pages 61-66, February.
  • Handle: RePEc:sae:urbstu:v:23:y:1986:i:1:p:61-66
    DOI: 10.1080/00420988620080061
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1080/00420988620080061
    Download Restriction: no

    File URL: https://libkey.io/10.1080/00420988620080061?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Robinson, Ray, 1981. "Housing Tax-Expenditures, Subsidies and the Distribution of Income," The Manchester School of Economic & Social Studies, University of Manchester, vol. 49(2), pages 91-110, June.
    2. G A Hughes, 1979. "Housing Income and Subsidies," Fiscal Studies, Institute for Fiscal Studies, vol. 1(1), pages 20-38, November.
    3. Judith Yates, 1982. "An Analysis of the Distributional Impact of Imputed Rent Taxation," The Economic Record, The Economic Society of Australia, vol. 58(2), pages 177-189, June.
    4. Whitley, J. D., 1974. "Mortgages: The Case for Index-Linking," National Institute Economic Review, National Institute of Economic and Social Research, vol. 70, pages 75-79, November.
    5. repec:bla:ecorec:v:58:y:1982:i:161:p:177-89 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Judith Yates, 1989. "Housing Policy Reform: A Constructive Critique," Urban Studies, Urban Studies Journal Limited, vol. 26(4), pages 419-433, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Judith Yates, 1989. "Housing Policy Reform: A Constructive Critique," Urban Studies, Urban Studies Journal Limited, vol. 26(4), pages 419-433, August.
    2. Bruce Walker & Alex Marsh, 1993. "The Distribution of Housing Tax-expenditures and Subsidies in an Urban Area," Urban Studies, Urban Studies Journal Limited, vol. 30(9), pages 1543-1559, November.
    3. Ray Robinson & Tony O'Sullivan & Julian Le Grand, 1985. "Inequality and Housing," Urban Studies, Urban Studies Journal Limited, vol. 22(3), pages 249-256, June.
    4. Panos Tsakloglou & Francesco Figari & Alari Paulus & Holly Sutherland & Gerlinde Verbist & Francesca Zantomio, 2012. "Taxing home ownership: distributional effects of including net imputed rent in taxable income," EcoMod2012 4323, EcoMod.
    5. Susan J. Smith, 1990. "Income, Housing Wealth and Gender Inequality," Urban Studies, Urban Studies Journal Limited, vol. 27(1), pages 67-88, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:urbstu:v:23:y:1986:i:1:p:61-66. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.gla.ac.uk/departments/urbanstudiesjournal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.