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Sep 27, 2022 at 10:59 comment added bdsl You could say that the owner occupiers do derive an income from the house, but it's not in the form of cash, it's in the form of shelter from the weather, security etc. It still has value and can be considered equivalent to cash.
Dec 15, 2020 at 13:44 comment added sba222 The UK scrapped imputed rent in 1963 when home ownership became more widespread. The Netherlands continue to include imputed rent in taxable income.
Dec 15, 2020 at 13:33 comment added Dimitri Vulis An even more interesting question might be, why countries do not include it in taxable income.
Dec 15, 2020 at 11:30 history answered sba222 CC BY-SA 4.0