| 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 direct lender king county wa hands had the owner and occupier been different persons is called the imputed rent. The effect of owner occupancy is therefore that the imputed rents disappear from measures of national income and output, unless figures direct lender king county wa 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 U.K. income tax used to do this), but this tends to be unpopular because most people do not understand the concept of imputed rent. In modern economies, variations in direct lender king county wa 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 direct lender king county wa 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 |
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