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Are ownership incentive policies inevitably accompanied by detrimental inflationary effects? To address this issue, we develop a theoretical model in which owners of new housing benefit from a homeownership subsidy or a rental investment incentive. We show that while both incentives increase the...
Persistent link: https://www.econbiz.de/10014079167
Are ownership incentive policies inevitably accompanied by detrimental inflationary effects?To address this issue, we develop a theoretical model in which owners of new housing benefit from a homeownership subsidy or a rental investment incentive. We show that while both incentives increase the...
Persistent link: https://www.econbiz.de/10013238172