Investment in Housing in the United States : A Portfolio Approach: The Possible Effects of Changes in Tax Policy

A Portfolio Approach: The Possible Effects of Changes in Tax Policy

Investment in Housing in the United States : A Portfolio Approach: The Possible Effects of Changes in Tax Policy
It is well known that the preferential tax treatment of housing induces an inefficient allocation of saving and investment. This paper analyzes, in a portfolio framework, how eliminating the deductibility of mortgage interest payments for federal income tax purposes might affect investment in housing. Expected rate of return and risk is... READ MORE...

Publication date: October 1990
ISBN 9781451948806
$15.00

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