Property Taxes, Property Prices and Wealth Inequality: The role of recurrent property tax in the interaction between wealth inequality, property prices and homeownership rate with a special focus on Sweden.
This paper examines the effect of the recurrent tax on immovable property on wealth distribution. It also investigates how the wealth distributive effect of property prices is affected by the homeownership rate in a country. Data on the mean to median wealth ratio, tax sizes, property prices, homeownership rate, and economic freedom of 36 OECD member countries over the years 2000-2021 are used to