# RDP 8907: Tax Policy and Housing Investment in Australia Equation

$$\text{V}(\text{investor})=(1-\text{u}){\text{p}}^{\text{HS}}/\{(1-\text{u})\text{r}+(1-\text{c})\delta -\text{g}\pi \}$$

$$\text{V}(\text{investor})=(1-\text{u}){\text{p}}^{\text{HS}}/\{(1-\text{u})\text{r}+(1-\text{c})\delta -\text{g}\pi \}$$