Wednesday, November 29, 2006
John E. Anderson (University of Nebraska, Department of Economics) has posted Real Estate Taxes and Fees: Impacts on Urban Land and Housing Development in China on SSRN. Here is the abstract:
Real estate taxes and fees affect land markets and housing development patterns in significant ways affecting the timing of real estate development, spatial patterns of land development, and the capital intensity of development. This paper examines the economic impacts of real estate taxes and fees in a dynamic framework, with special application to proposed reforms in China. Impacts identified are also relevant for real estate tax and fee reforms more generally in developing countries whose institutional real estate regimes are in transition.