You Can Take it With You: Proposition 13 Tax Benefits, Residential Mobility, and Willingness to Pay for Housing Amenities

1 January 2008

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.1427832

Abstract

The endogeneity of prices has long been recognized as the main identification problem in the estimation of marginal willingness to pay (MWTP) for the characteri

Keywords

TAKE
PROPOSITION
RECOGNIZED
HOUSING
MWTP
PRICES
IDENTIFICATION
CHARACTERI
MOBILITY
ENDOGENEITY

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