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The Role of Housing Tax Provisions in the 2008 Financial Crisis
Thomas Hemmelgarn
Gaëtan Nicodème
Ernesto Zangari
出版
Publ. Office of the European Union
, 2011
ISBN
9279194577
9789279194573
URL
http://books.google.com.hk/books?id=CHknmQEACAAJ&hl=&source=gbs_api
註釋
"The 2008 financial crisis is the worst economic crisis since the Great Depression of 1929. It has been characterised by a housing bubble in a context of rapid credit expansion, high risk-taking and exacerbated financial leverage, ending into deleveraging and credit crunch when the bubble burst. This paper discusses the interactions between housing tax provisions and the financial crisis. In particular, it reviews the existing evidence on the links between capital gains taxation of houses, interest mortgage deductibility and characteristics of the crisis."--Editor.
