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4AA3 housing project; studying effects of foreign buyers taxes on residential real estate prices in Canada

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Foreign Buyers Tax Project

Economic Seminar (ECON 4AA3) housing project; studying effects of foreign buyers taxes (i.e., targeted foreign speculation taxes) on residential real estate prices in Canada.

Project focuses on the effects of two specific taxes:

  • The Additional Property Transfer Tax (APTT) applied in British Columbia in 2016 and its later amendment in 2018
  • The Non-Resident Speculation Tax (NRST) applied in Ontario in 2017

Directories

  • Data folder contains the datasets sourced from the CANSIM database as well as data compiled directly from downloaded microdata of the Labour Force Survey (LFS)
  • Analysis folder contains code for replication using the dataset "FULL-DATA.csv" in Data
  • Visualizations folder contains images produced from the R code file "data-exploration.R"

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4AA3 housing project; studying effects of foreign buyers taxes on residential real estate prices in Canada

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