Showing 11 - 20 of 78
Persistent link: https://www.econbiz.de/10012653110
Persistent link: https://www.econbiz.de/10011945859
This paper analyzes the effects of land use constraints on housing prices. We provide a new framework for evaluating policy when mobility across regions is allowed but limited. A key result is that loosening regulatory constraints within individual regions would have little effect on prices for...
Persistent link: https://www.econbiz.de/10010263928
Chapter 1 For most US households, labor income is the most important source of wealth and housing is the most important risky asset. A natural intuition is thus that households whose incomes covary relatively strongly with housing prices should own relatively little housing. Under plausible...
Persistent link: https://www.econbiz.de/10009432557
Persistent link: https://www.econbiz.de/10003716654
Persistent link: https://www.econbiz.de/10002112906
This paper analyzes the effects of land use constraints on housing prices. We provide a new framework for evaluating policy when mobility across regions is allowed but limited. A key result is that loosening regulatory constraints within individual regions would have little effect on prices for...
Persistent link: https://www.econbiz.de/10003336233
Persistent link: https://www.econbiz.de/10008936908
We show that the optimal property tax rate rises with the ratio of land rents to structure and land development costs. California's high ratio of income to property tax revenue and the distribution of Federal housing subsidies thus appear geographically misplaced. Proportional taxation of...
Persistent link: https://www.econbiz.de/10010261318
Persistent link: https://www.econbiz.de/10003723740