Property Taxes

2 Pages Posted: 19 Aug 2019 Last revised: 16 Sep 2019

See all articles by Eugene F. Fama

Eugene F. Fama

University of Chicago - Finance

Date Written: August 15, 2019

Abstract

It is often claimed that home ownership is a good deal because the housing services it provides are in effect untaxed income. My simple point is that the property tax paid by a home owner is in effect an income tax on housing services.

Suggested Citation

Fama, Eugene F., Property Taxes (August 15, 2019). Fama-Miller Working Paper, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3438044 or http://dx.doi.org/10.2139/ssrn.3438044

Eugene F. Fama (Contact Author)

University of Chicago - Finance ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
773-702-7282 (Phone)
773-702-9937 (Fax)

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