Abstract
The economic survey on Ireland by the OECD (issue 5 2008) proposed phasing out policies that distort the housing market, which in turn could help to dampen future housing cycles and maintain competitiveness in the economy.
Specifically it suggests that tax breaks favouring owner occupation contributes to making housing expensive and that these effects could be reduced either by “limiting mortgage tax relief… or by implementing a property tax”.
| Original language | English |
|---|---|
| Journal | Property Valuer |
| Volume | 27 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 1 Jan 2008 |
| Externally published | Yes |
Keywords
- economic survey
- Ireland
- OECD
- housing market
- housing cycles
- competitiveness
- tax breaks
- owner occupation
- mortgage tax relief
- property tax