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  • Research: Tax benefits for housing not as outsized as previously thought

    Although popular with the public, reforming the existing system of tax benefits to housing, including the ever-popular deductions for mortgage interest and property taxes, would likely make the housing market more efficient, says research co-written by David Albouy, a professor of economics at Illinois.

    Although popular with the public, reforming the existing system of tax benefits to housing, including the ever-popular deductions for mortgage interest and property taxes, would likely make the housing market more efficient, says research co-written by David Albouy, a professor of economics at Illinois.

    Photo courtesy of David Albouy

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  • Editor's note: To contact David Albouy, call 217-300-2654; email albouy@illinois.edu.

    The paper, “Are Houses Too Big or In the Wrong Place? Tax Benefits to Housing and Inefficiencies in Location and Consumption,” is available online.