In:
Nova Economia, FapUNIFESP (SciELO), Vol. 33, No. 1 ( 2023-04), p. 181-209
Abstract:
Abstract Given the growing demand for infrastructure and social services, and the context of fiscal austerity that is still present in Brazil, the debate between land taxation and real estate prices is crucial to investigate possibilities of revenue recovery for the local government. Drawing from the causal relationship between urban land taxes and the sale price of real estate, this work investigates this relationship in 20 municipalities in the agglomerations of Belo Horizonte (MG), Brasília (DF), Salvador (BA), Vitória (ES), Cachoeiro de Itapemirim (ES) and Criciúma (SC) from econometric estimations using advertising data. The results support the hypothesis that higher IPTU levels are not associated with higher levels of home sales prices. In addition, much of the price variability was explained by variables at the municipality and agglomeration levels.
Type of Medium:
Online Resource
ISSN:
1980-5381
,
0103-6351
Uniform Title:
Taxation and real estate dynamics: a comparative analysis for six Brazilian agglomerations
DOI:
10.1590/0103-6351/7437
Language:
Portuguese
,
English
Publisher:
FapUNIFESP (SciELO)
Publication Date:
2023
detail.hit.zdb_id:
2133276-9
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