This paper investigates the relative maintenance levels of owner and renter-occupied housing by examining their short and long-run appreciation rates. A large data set that includes information on every parcel in Pinellas County, Florida is used to control for structural and locational...

This paper examines the variation in the rates of house price appreciation within an individual metropolitan market. A methodology is developed to examine the locational variation in house price changes in Dade County (Miami) Florida, from 1971 to 1992. House price appreciation appears to be...

The homeownership rate in the United States was essentially stagnant during the 1980's. This stagnation should be a source of concern if the rate reflects stagnant economic conditions and ownership opportunities, not if it simply reflects changing demographic conditions or preferences. Using a...

This study examines the feasibility of constructing reliable commercial property price indices using property tax records. We employ the Clapp and Giacotto (1992) assessed-value method to estimate price indices for commercial properties in Florida. The estimated Florida commercial property price...