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We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. The UK (until 2014) provided an ideal setting to explore the impact of housing transfer taxes on mobility decisions. This is partly because the stamp duty liability is quite substantial, at least for...
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recurrent housing property taxation, a sizeable 'homeownership bias' i.e. a lighter average and marginal taxation for … homeownership investment, is embedded in current tax systems, and displays heterogeneous distributional profiles across different …
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We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. Exploiting a discontinuity in the tax schedule as a quasi-experimental setting, we isolate the impact of the stamp duty from other determinants of mobility. We compare homeowners with self-assessed house...
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