- each pays rent to the other. But if A and B are both owner occupiers, no 2nd beach long mortgage changes hands, even though the same economic relationships exists; there are still two owners and two occupiers, but the transactions between them no longer go through the market. The amount that would have changed hands had the owner and occupier been different persons is called the imputed 2nd beach long mortgage The effect of owner occupancy is therefore that the imputed rents disappear from measures of national income and output, unless figures are added to take them into account. Government loses the opportunity to tax the transaction. Sometimes governments have attempted to tax the imputed rent (Schedule A of the 2nd beach long mortgage income tax used to do this), but this tends to be unpopular because 2nd beach long mortgage people do not understand the concept of imputed rent. In modern economies, variations in the rate of owner occupancy are a good index of the overall wealth of the nation, at least across time within a nation. Between nations, variations in traditions and in tax regimes make such comparisons hard to interpret. It is widely believed by politicians that owner-occupiers are more likely to vote for parties of the right, and such parties therefore 2nd beach long mortgage take steps
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