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The Impact of Tax Indexing on Housing Demand

Gerald J. Lynch
Financial Analysts Journal
Vol. 41, No. 2 (Mar. - Apr., 1985), pp. 72-74
Published by: CFA Institute
Stable URL: http://www.jstor.org/stable/4478825
Page Count: 3
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
The Impact of Tax Indexing on Housing Demand
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Abstract

Had income tax indexing been in place in 1970, almost $25 billion less housing would have been built in the 1970s. With a flat tax, that figure is almost tripled. Either the flat tax or indexing can be expected to reduce the relative share of GNP devoted to the housing industry.

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