Tax Preferences and Housing Affordability: Explorations using a Life-Cycle Model
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We present a dynamic life-cycle model of demand for owner-occupied housing, investment property and liquid assets. Households face transaction costs, downpayment requirements, liquidity constraints, and tax preferences for owner-occupied housing. The model replicates key facts about home ownership,
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美国国家经济研究局创建时间：
2025-05-01
