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larger net debts exhibit, ceteris paribus, lower property prices. We provide empirical evidence for debt capitalization using …
Persistent link: https://www.econbiz.de/10012168308
list of variables that may be included in any estimation for capitalization of community speci?c characteristics in the …
Persistent link: https://www.econbiz.de/10012168321
developers can supply new houses and capitalization may disappear. We provide a theoretical model in which income taxes and … model, we estimate the impact of available land for construction on capitalization rates with a panel of Swiss communities … land availability. Thus, land availability is not sufficient for capitalization to disappear. …
Persistent link: https://www.econbiz.de/10012168345