2min chapter

ROCKING OUR PRIORS cover image

How does Low Fertility Affect Economic Growth, Worldwide? Jesús Fernández-Villaverde

ROCKING OUR PRIORS

CHAPTER

The Impact of Aging Populations on Housing Supply and Taxation

This chapter explores how an aging population affects the housing market, particularly the reluctance of older homeowners to downsize due to capital gains taxes. It discusses the implications of the current tax system and the need for equitable solutions to facilitate mobility in housing while addressing rising property values.

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