IDENTIFYING THE EFFECTS OF TAX-REFORM ON MULTIFAMILY RENTAL HOUSING

被引：12

作者：

FOLLAIN, JR ^{[1
]}

LEAVENS, DR ^{[1
]}

VELZ, OT ^{[1
]}

机构：

[1] NATL ASSOC REALTORS,WASHINGTON,DC 20005

来源：

JOURNAL OF URBAN ECONOMICS | 1993年 / 34卷 / 02期

关键词：

D O I：

10.1006/juec.1993.1037

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The construction of multifamily rental housing has declined substantially in the past few years and remains low. This paper investigates the rental housing market during the last 15 years or so to determine whether the Tax Reform Act of 1986 and, more generally, tax policy relating to rental housing are responsible for the current state of the rental housing market. Attention is focused on movements in rent indexes and multifamily construction in four metropolitan areasAtlanta, Chicago, Dallas, and Oaklandfor the period 1977 through 1990. The results suggest that rents are not sensitive to changes in tax policy; however, construction is sensitive. More generally, the analysis indicates that it is quite difficult to identify precisely the effects of tax policy on the rental housing market during the 1980s. © 1993 Academic Press. All rights reserved.

引用

页码：275 / 298

页数：24

共 24 条

[1]

Apgar William C., 1987, W875 HARV U JOINT CT

[2]

AUERBACH AJ, 1990, DO TAXES MATTER, P13

[3]

BERKOVEC J, 1982, J POLITICAL EC APR, P390

[4]

BLACKLEY DM, 1991, J HOUS ECON, V1, P140