TITLE

Mortgage interest deductibility and housing prices

AUTHOR(S)
Cecchetti, Stephen G.; Rupert, Peter
PUB. DATE
February 1996
SOURCE
Economic Commentary;02/01/96, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses whether or not eliminating the tax deductibility of home mortgage interest will reduce the value of owner-occupied housing. How the flat tax acts as a pure consumption tax; Beneficiaries of a mortgage interest deduction; Unlikelihood for normal swings in the housing market to swamp the effects of tax code changes.
ACCESSION #
9606274440

 

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