The Magnitude of the Effects of the Property Tax on Operating and Investment Decisions in the Rental Housing Industry.
Purchase Print Copy
| Format | List Price | Price | |
|---|---|---|---|
| Add to Cart | Paperback10 pages | $20.00 | $16.00 20% Web Discount |
An extension of a model of investment and operating decisions in the rental housing market to estimate the magnitude of the impact of the property tax on capital investment, current services input, and housing input. It is clear from the author's analysis that although the property tax may be a contributor to a reduction in housing output, it is not a major one. A lowering of the property tax is not likely to radically alter the size or condition of the existing housing stock, except in the special cases of overassessed slums and political fragmentation. 10 pp.
This report is part of the RAND Corporation Paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.