Olta Milova
- University of Tirana, Faculty of Economy, Rruga Arben Broci 1 1001, Tirana, Albania
Reinaldo Pipiria
- National Albanian Real Estate Association, Str. Elbasanit, Apt. Building 10/1, 1 st Floor, Unit 3, Tirana, Albania
Abstract:
Housing plays an important role in our lives. Access to shelter is a basic human right and a key determinant of individual welfare. Different factors such as high prices, level of income, construction costs, and supply shortages can restrict the ability to afford a house. Except for private sector development, affordable housing can often rely on public policies such as tax incentives or low-interest loans to developers. The authors focus on capital gain tax as an important instrument that can affect the supply of housing, especially when it comes to investment properties. If capital gains taxes are high, real estate investors may be less inclined to buy or sell properties, potentially limiting the availability of homes on the market and driving up prices.
Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research - LIMEN 2024 - International Scientific-Business Conference – LIMEN 2024: Vol 10. Conference Proceedings , December 5, 2024
Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia
ISBN: 9788680194929 , ISSN: 26836149 , DOI: 10.31410/LIMEN.2024
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
