Property Taxation of Multifamily Housing: An Empirical Analysis of Vertical and Horizontal Equity and Assessment Methods

Gary C. Cornia () and Barrett A. Slade ()
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Gary C. Cornia: Visiting Senior Fellow, Lincoln Institute of Land Policy, 113 Brattle Street, Cambridge, MA 02138
Barrett A. Slade: Marriott School, Brigham Young University, 685 TNRB, Provo, Utah 84602

Journal of Real Estate Research, 2005, vol. 27, issue 1, pages 17-46

Abstract: This study used the hedonic price technique to focus on a housing characteristic that has been studied infrequently: whether a home is site-built or manufactured. Two hedonic price regression models were used to determine the predictive power of construction type on home price. The ?rst, which controlled for factors found to relate to home prices in previous research, showed a signi?cant difference between the prices of the two types of homes. The second, which also included other variables through a stepwise regression, found that the type of construction had more predictive power than any other explanatory variable in the model.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 2005
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