Abstract
The subject of the study concerns the role of the state on the residential real estate market. The instruments used by the state to intervene in the housing market and the arguments for and against this intervention were discussed. The aim of this article is to analyze the state’s activity on the housing market in the area of property taxes. The author attempted to assess the effectiveness of the tax instruments used in OECD countries and presented proposals for changes in this area that could increase the revenue efficiency and social justice of property taxes.
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