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Property Tax Assessment Rates and Residential Abandonment
Author(s) -
Arsen David
Publication year - 1992
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.1992.tb03487.x
Subject(s) - abandonment (legal) , property tax , tax rate , property (philosophy) , point (geometry) , business , economics , public economics , tax reform , mathematics , political science , monetary economics , law , philosophy , epistemology , geometry
A bstract Netghbothood abandonment rates is New York City are predieted Within a model which investigates the imporatnce of property tax assessments building conditions adn tenant characteristies in owners’abandonment decision The results indicate that tax assessment rate are a mojor determinant of abon donment, and point to policy changes capable of showing the spread of aban donment in vulnerble netghbot hoods