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Real Estate and the Tax Reform Act of 1986

Hendershott, Patric H. - 1986

In contrast to the conventional wisdom, real estate activity in the aggregate is not disfavored by the 1986 Tax Act …- occupied housing, far and away the largest component of real estate, is favored, both directly by an interest rate decline and … indirectly owing to the increase in rents. Low-income rental housing may be the most favored of all real estate activities. The …

Persistent link: https://www.econbiz.de/10012476971

Taxation and Housing : Old Questions, New Answers

Poterba, James M. - 1992

This paper sketches how the tax reforms of the 1980s affected the incentives and distortions associated with tax policy toward housing markets. There are three principal conclusions. (1) Reductions in marginal tax rates, particularly for high-income households, reduced the tax-induced distortion...

Persistent link: https://www.econbiz.de/10012475018

Taxation and Housing Markets : Preliminary Evidence on the Effects of Recent Tax Reforms

Poterba, James M. - 1990

The tax changes of the 1980s altered the incentives for housing consumption. Marginal tax rate reductions in both the Economic Recovery Tax Act (1981) and the Tax Reform Act (1986) reduced the attraction of homeownership, particularly at high income levels. The Tax Reform Act, by lowering...

Persistent link: https://www.econbiz.de/10012475767