Narrow search
Showing 1 - 10 of 13
Cover Image
Taxes and the user cost of capital for owner-occupied housing
Hendershott, Patric H.; Slemrod, Joel - 1982
Persistent link: https://www.econbiz.de/10002770926
Cover Image
Taxes and the User Cost of Capital for Owner-Occupied Housing
Hendershott, Patric H. - 1982
Owner-occupied housing is said to be favored in the tax code because mortgage interest and property taxes can be deducted in the computation of one's income tax base in spite of the fact that the returns from owner- occupied housing = not taxed. The special tax treatment reduces the user cost of...
Persistent link: https://www.econbiz.de/10012478178
Cover Image
Endogenous Mortgage Choice, Borrowing Constraints and the Tenure Decision
LaFayette, William C. - 1995
Earlier research has shown that lender income and wealth constraint ratios discourage homeownership. This empirical …, the measured impact on the homeownership rate of the constraints falls to only 4 percentage points. Further, FHA loans are … estimated to increase homeownership by only 0.1 to 0.2 percentage points …
Persistent link: https://www.econbiz.de/10012473815
Cover Image
Endogenous mortgage choice, borrowing constraints and the tenure decision
LaFayette, William C. - 1995
Persistent link: https://www.econbiz.de/10013416789
Cover Image
Taxes and the User Cost of Capital for Owner-Occupied Housing
Hendershott, Patric H.; Slemrod, Joel B. - 2022
Owner-occupied housing is said to be favored in the tax code because mortgage interest and property taxes can be deducted in the computation of one's income tax base in spite of the fact that the returns from owner- occupied housing = not taxed. The special tax treatment reduces the user cost of...
Persistent link: https://www.econbiz.de/10013308370
Cover Image
Estimating the rental adjustment process
Hendershott, Patric H.; MacGregor, Bryan D.; Tse, … - 2000
Persistent link: https://www.econbiz.de/10001517126
Cover Image
Estimating the Rental Adjustment Process
Hendershott, Patric H. - 2000
Rental adjustment equations have been estimated for a quarter century. In the U.S., models have used the deviation of the actual vacancy rate from the natural rate as the main explanatory variable, while in the UK, drivers of the demand for space have dominated the estimation. The recent papers...
Persistent link: https://www.econbiz.de/10012470825
Cover Image
Accelerating inflation, nonassumable fixed-rate mortgages, and consumer choice and welfare
Hendershott, Patric H.; Hu, Sheng Cheng - 1981
Persistent link: https://www.econbiz.de/10002769242
Cover Image
The allocation of capital between residential and nonresidential uses : taxes, inflation and capital market constraints
Hendershott, Patric H.; Hu, Sheng Cheng - 1981
Persistent link: https://www.econbiz.de/10002769290
Cover Image
The Allocation of Capital between Residential and Nonresidential Uses : Taxes, Inflation and Capital Market Constraints
Hendershott, Patric H. - 2008
inflation rate, with and with- out an increase in the risk premium on equities, was then simulated with a number of model … cost was 3 percentage points less than that for corporate capital) and the manner in which inflation magnifies it (the … finance instruments would overcome this reallocation but at the expense of corporate capital. Only a reduction in inflation or …
Persistent link: https://www.econbiz.de/10012774619