Christelis, Dimitris - In: Vierteljahrshefte zur Wirtschaftsforschung 84 (2015) 3, pp. 61-83
During the Greek crisis the wealth tax on real estate (WTRE) was increased four-fold as a percentage of GDP in order to boost fiscal revenues. This increase contributed to an essentially complete freeze of the real estate market, a considerable drop in real estate prices, and a substantial...