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Real Estate Markets Since 1980: What Role Have Tax Changes Played?

Author

Listed:
  • Follain, James R.
  • Hendershott, Patric H.
  • Ling, David C.

Abstract

Elaborates on the major disturbances to income producing real estate markets in the 1980's and describes a simple model that can be used to illustrate the effects of such disturbances. Interprets developments in the multifamily and office markets and considers the owner-occupied housing market.

Suggested Citation

  • Follain, James R. & Hendershott, Patric H. & Ling, David C., 1992. "Real Estate Markets Since 1980: What Role Have Tax Changes Played?," National Tax Journal, National Tax Association;National Tax Journal, vol. 45(3), pages 253-266, September.
    • Handle: RePEc:ntj:journl:v:45:y:1992:i:3:p:253-66
    DOI: 10.1086/NTJ41788968
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    References listed on IDEAS

    as
    1. Hendershott, Patric H & Peek, Joe, 1992. "Treasury Bill Rates in the 1970s and 1980s," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 24(2), pages 195-214, May.
    2. Jonathan Skinner & Daniel Feenberg, 1990. "The Impact of the 1986 Tax Reform Act on Personal Saving," NBER Working Papers 3257, National Bureau of Economic Research, Inc.
    3. Patric H. Hendershott, 1987. "Tax Changes and Capital Allocation in the 1980s," NBER Chapters, in: The Effects of Taxation on Capital Accumulation, pages 259-294, National Bureau of Economic Research, Inc.
    4. Slemrod, Joel, 1992. "Do Taxes Matter? Lessons from the 1980's," American Economic Review, American Economic Association, vol. 82(2), pages 250-256, May.
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    Citations

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    Cited by:

    1. Ron Donohue & Patric H. Hendershott, 2004. "Fund Flows and Commercial Real Estate Investment: Evidence from the Commercial Mortgage Market," Journal of Real Estate Research, American Real Estate Society, vol. 26(4), pages 417-442.
    2. D'Ann M. Petersen & Keith R. Phillips & Mine K. Yücel, 1994. "The role of tax policy in the boom/bust cycle of the Texas construction sector," Working Papers 9413, Federal Reserve Bank of Dallas.
    3. Ms. Evridiki Tsounta, 2011. "Home Sweet Home: Government's Role in Reaching the American Dream," IMF Working Papers 2011/191, International Monetary Fund.

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