2019
DOI: 10.24187/ecostat.2019.507d.1976
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The Impact of the ‘Scellier’ Income Tax Relief on Building Land Prices in France

Abstract: In the absence of informal care and public insurance, adding reverse mortgages to income and financial assets would double the ability of Europeans households to finance their long-term care expenses. However, a quarter would not even be able to finance 10% of their needs.

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Cited by 3 publications
(1 citation statement)
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“…Incidence and welfare: In the US, evidence suggests that the LIHTC has had little impact on housing supply, possibly because demand is relatively elastic (Malpezzi andVandell, 2002, Sinai andWaldfogel, 2005). In France, Bono and Trannoy (2019) and Chapelle et al (2018) show that the end of STC decreased land and house prices with little impact on housing supply. In addition, Chapelle et al (2018) does not find differences in the income profiles of new tenants following the end of the policy, thus casting doubts on its original redistributive effects.…”
Section: Rental Investment Subsidiesmentioning
confidence: 99%
“…Incidence and welfare: In the US, evidence suggests that the LIHTC has had little impact on housing supply, possibly because demand is relatively elastic (Malpezzi andVandell, 2002, Sinai andWaldfogel, 2005). In France, Bono and Trannoy (2019) and Chapelle et al (2018) show that the end of STC decreased land and house prices with little impact on housing supply. In addition, Chapelle et al (2018) does not find differences in the income profiles of new tenants following the end of the policy, thus casting doubts on its original redistributive effects.…”
Section: Rental Investment Subsidiesmentioning
confidence: 99%