Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

an estimate in economic theory of the rent a house owner would be willing to pay to live in his or her own house

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imputed rent

Owning a home does not yield cash income but has the equivalent effect in that it saves the owner from having to pay rent. For this reason, the application of the comprehensive definition of income indicates that we should impute an income, referred to as "imputed rent."

included in the national accounts, represents about 10% of GDP as of 2012

—p.32 Setting the Scene (9) by Anthony B. Atkinson
6 years, 11 months ago