Happy to see this paper published in RSUE. @damensven.bsky.social and I find that subsidies for homeowners largely capitalize in house and land prices, but do not significantly affect sales of existing houses and undeveloped land, nor permits for new houses. www.sciencedirect.com/science/arti...
www.sciencedirect.com
This paper examines the impact of tax subsidies for homeowners on the housing market. In 2015, the Belgian regions became responsible for the tax subs…
