Property Tax Reform: Implications for Housing Prices and Economic Productivity
Nassios, Jason ORCID: https://orcid.org/0000-0002-0250-2608 and Giesecke, James A
ORCID: https://orcid.org/0000-0002-7283-0551
(2022)
Property Tax Reform: Implications for Housing Prices and Economic Productivity.
Working Paper.
Victoria University, Melbourne, Australia.
Abstract
Australia has high housing prices by world standards. Australian state and local governments also have a high reliance on a variety of property taxes. This has generated calls for state tax reform. However, with property prices high, a concern of policy makers is that property tax reform might push house prices higher still. We investigate the effects of seventeen property tax reform options, with a particular focus on potential trade-offs between efficiency benefits and house price impacts.
| Item type | Monograph (Working Paper) |
| URI | https://vuir.vu.edu.au/id/eprint/49584 |
| Official URL | https://www.copsmodels.com/ftp/workpapr/g-330.pdf |
| ISBN | 9781921654381 |
| Subjects | Current > FOR (2020) Classification > 4407 Policy and administration Current > Division/Research > Centre of Policy Studies (CoPS) |
| Keywords | CGE modelling; Immovable property tax; Recurrent property tax; Housing prices; Excess burden; CoPS Working Paper No. G-330 |
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