I have a new publication out, about the assessment of housing values for tax purposes.

Written with my colleagues Nygård and Thoresen, it is about the current model used for valuing housing in the Norwegian wealth tax, and how to improve the model.

link.springer.com/article/10.1...

Very interesting working paper on market concentration in housing supply by @leqonomics.bsky.social. Higher concentration among house builders gives lower construction, higher price volatility and lower construction volatility. Likely as relevant outside of the US.
papers.ssrn.com/sol3/papers....

Isn't the colors on the housing part wrong? The Haig-Simons should be light?

The dataset described here (on Norwegian residential housing auctions) is very nice, though unfortunately not publicly available.
housinglab.oslomet.no/wp-content/u...

The existing system in Norway functions quite well. It is not very data intensive, though does require digitalization of property register and transaction data.
We also present an improved system which better utilizes available geographic information. 4/5

The difficulty is that only a small subset of housing units is sold each year. That makes it hard to value the whole mass of housing units, which are quite heterogeneous. As a result, many countries use old, outdated values, while other countries use a lot of resources at valuation. 2/5

New working paper with two colleagues (Nygård & Thoresen). We look at how to value residential property for tax purposes.
There are several different taxes on residential property. Mostly, authorities want tax valuations to reflect market value of the property. 1/5 www.ssb.no/en/priser-og...

TIL that to purchase a car in Beijing, you need to win a quota lottery. The reason is to restrict the growth of car traffic.

That Swiss tax is interesting. Relatively high. But also seems to be on its way out.
www.ubs.com/ch/en/privat...

Germany lacks mortgage interest deduction.
An interesting look at German homeownership in Kaas, Kocharkov, Preugschat & Siassi (2021): academic.oup.com/jeea/article...

As with the Norwegian tax system. It isn't the mortgage interest deduction that favors owners over renters, it's the lack of tax on imputed housing income.

That should be corrected.
onlinelibrary.wiley.com/doi/full/10....

New version of my paper on Buy-to-let investors available.
papers.ssrn.com/sol3/papers....