Real Estate Papers

Document Type

Journal Article

Date of this Version

12-2003

Publication Source

Real Estate Economics

Volume

31

Issue

4

Start Page

527

Last Page

575

DOI

10.1046/j.1080-8620.2003.00076.x

Abstract

We estimate how tax subsidies to owner-occupied housing are distributed spatially across the United States and find striking skewness. At the state level, the mean tax benefit per owned unit in 1990 ranged from $917 in South Dakota to $10,718 in Hawaii. The dispersion is slightly greater when benefit flows are measured at the metropolitan-area level. Even assuming the subsidies are funded in an income progressivity-neutral manner, a relatively few metro areas, primarily in California and the New York–Boston corridor, are shown to gain considerably while the vast majority of areas have relatively small gains or losses.

Copyright/Permission Statement

This is the peer reviewed version of the following article: Gyourko, J. and Sinai, T. (2003), The Spatial Distribution of Housing-Related Ordinary Income Tax Benefits. Real Estate Economics, 31: 527–575., which has been published in final form at doi: 10.1046/j.1080-8620.2003.00076.x. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving http://olabout.wiley.com/WileyCDA/Section/id-820227.html#terms.

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Date Posted: 27 November 2017

This document has been peer reviewed.