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- Title
The Incidence of the Land Use Regulatory Tax.
- Authors
Cheung, Ron; Ihlanfeldt, Keith; Mayock, Tom
- Abstract
Land use regulation has been found to impose a substantial tax on housing within select U.S. metropolitan areas. In this article, we develop hypotheses regarding the incidence of this tax by income class and racial group within these areas. Parcel-level data from Miami-Dade County, Florida, are used to test our hypotheses. We find that, while the tax rises with a household's permanent income, this rise is less than proportional, making it a regressive tax. We also find, controlling for household permanent income, that the tax is a higher percentage of the price of homes located in black neighborhoods in comparison to those located in white or Hispanic neighborhoods.
- Subjects
MIAMI-Dade County (Fla.); FLORIDA; LAND value taxation; METROPOLITAN areas; REGIONAL disparities; SOCIOECONOMIC factors; REGRESSIVE taxation; HOME prices
- Publication
Real Estate Economics, 2009, Vol 37, Issue 4, p675
- ISSN
1080-8620
- Publication type
Article
- DOI
10.1111/j.1540-6229.2009.00260.x