An Appraisal of Residential Property Tax Regressivity

1979 ◽  
Vol 14 (4) ◽  
pp. 753
Author(s):  
Robert H. Edelstein
Keyword(s):  
Property Tax ◽  
Residential Property ◽  
Tax Regressivity

Residential Property Tax Relief in Ontario

1978 ◽  
Vol 4 (4) ◽  
pp. 569
Author(s):  
Roger S. Smith ◽  
R. M. Bird ◽  
N. E. Slack
Keyword(s):  
Property Tax ◽  
Residential Property ◽  
Tax Relief

Social and Geographic Inequities in the Residential Property Tax: A Review and Case Study

2001 ◽  
Vol 33 (5) ◽  
pp. 881-900 ◽  
Author(s):  
Richard Harris ◽  
Michael Lehman
Keyword(s):  
Metropolitan Areas ◽  
Property Tax ◽  
Market Value ◽  
Social Geography ◽  
Residential Property ◽  
Assessment Data ◽  
Market Values ◽  
Geographical Variations ◽  
The Social

Although the fact is not widely acknowledged by urban scholars, because of the way that it is administered the property tax helps to shape the social geography of metropolitan areas. Research by public finance specialists has shown that cheap housing is often overassessed, and that variations in assessment ratios (the ratio of assessed to market values) usually favour the suburbs. Sales prices and assessment data from the Hamilton, Ontario, metropolitan area for 1976, 1996, and 1999 confirm these patterns and show that they are persistent. In addition, cross-tabulations by market value and location show that geographical variations in assessment ratios are caused by the inequitable treatment of inexpensive property, not vice versa. A 1998 reassessment made the situation worse. The main difficulty in reducing tax inequities is political, not technical.

scholarly journals Capitalization of Open Spaces into Housing Values and the Residential Property Tax Revenue Impacts of Agricultural Easement Programs

2003 ◽  
Vol 32 (1) ◽  
pp. 33-45 ◽  
Author(s):  
Jacqueline Geoghegan ◽  
Lori Lynch ◽  
Shawn Bucholtz
Keyword(s):  
Open Space ◽  
Property Tax ◽  
Hedonic Model ◽  
Tax Revenue ◽  
Residential Property ◽  
Housing Values ◽  
Open Spaces ◽  
The Cost ◽  
Agricultural Preservation ◽  
Expected Increase

Using a unique spatial database, a hedonic model is developed to estimate the value to nearby residents of open space purchased through agricultural preservation programs in three Maryland counties. After correcting for endogeneity and spatial autocorrelation, the estimated coefficients are used to calculate the potential changes in housing values for a given change in neighborhood open space following an agricultural easement purchase. Then, using the current residential property tax for each parcel, the expected increase in county tax revenue is computed and this revenue is compared to the cost of preserving the lands.

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