IDEAS home Printed from https://ideas.repec.org/a/bla/revurb/v4y1992i2p226-239.html
   My bibliography  Save this article

Taxes And Speculative Behavior In Land And Real Estate Markets

Author

Listed:
  • Karl E. Case

Abstract

Land and real estate speculation are common in many countries, and attempts to control them vary in both style and scope. This paper addresses the effectiveness of several approaches to discouraging land and real estate speculation, concluding that land holding taxes, short term gains taxes, and transaction taxes have all proven to be relatively unsuccessful methods of control. The paper discusses housing price booms and busts in the United States, and describes attempts to control speculation, notably the Vermont Land Gains Tax, the Taiwan Land Value Increment Tax, and the Real Property Gains Tax of Japan.

Suggested Citation

  • Karl E. Case, 1992. "Taxes And Speculative Behavior In Land And Real Estate Markets," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 4(2), pages 226-239, July.
  • Handle: RePEc:bla:revurb:v:4:y:1992:i:2:p:226-239
    DOI: 10.1111/j.1467-940X.1992.tb00044.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-940X.1992.tb00044.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.1467-940X.1992.tb00044.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Martin, Carolin & Schmitt, Noemi & Westerhoff, Frank, 2021. "Heterogeneous expectations, housing bubbles and tax policy," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 555-573.
    2. Boysen-Hogrefe, Jens & Gern, Klaus-Jürgen & Groll, Dominik & Jannsen, Nils & Kooths, Stefan & Plödt, Martin & Schwarzmüller, Tim & van Roye, Björn & Scheide, Joachim, 2014. "Finanz- und Wirtschaftspolitik bei einer anhaltenden monetären Expansion," Kieler Beiträge zur Wirtschaftspolitik 5, Kiel Institute for the World Economy (IfW Kiel).
    3. John Deskins & William Fox, 2008. "Measuring Behavioral Responses to the Property Tax," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0816, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    4. Salvador Barrios & Cecile Denis & Viginta Ivaskaite-Tamosiune & Adriana Reut & Estefania Vazquez Torres, 2019. "Housing taxation: a new database for Europe," JRC Working Papers on Taxation & Structural Reforms 2019-08, Joint Research Centre (Seville site).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revurb:v:4:y:1992:i:2:p:226-239. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0917-0553 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.