Golden Age | Would Taxing Investment Property Purchases Make Real Estate Cheaper?

The Bank of Lithuania has proposed an idea for Lithuania: to tax those who buy housing not for their own residence, but as an investment. The bank hopes this would help control housing prices, which, it says, are already becoming a cause for concern. But would a tax on investment-property transactions really calm the market?

Discussion participants:

Martynas Žibūda, CEO of Eika Development

Arnoldas Antanavičius, Head of Business Development at Profitus

Host: Irma Janauskaitė

Program link: https://www.lrt.lt/radioteka/irasas/2000766057/ar-investicijai-perkamo-busto-apmokestinimas-atpigintu-nt