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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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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.
Financial Analysts Journal © 1985 CFA Institute