全球智库信息集成服务系统(G2TT): Property Tax Limitations and Mobility: The Lock-in Effect of California's Proposition 13

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来源类型	Working Paper
规范类型	报告
DOI	10.3386/w11108
来源ID	Working Paper 11108
	Property Tax Limitations and Mobility: The Lock-in Effect of California's Proposition 13
	Nada Wasi; Michelle J. White
发表日期	2005-02-07
出版年	2005
语种	英语
摘要	Proposition 13, adopted by California voters in 1978, mandates a property tax rate of one percent, requires that properties be assessed at market value at the time of sale, and allows assessments to rise by no more than 2% per year until the next sale. In this paper, we examine how Prop 13 has affected the average tenure length of owners and renters in California versus in other states. We find that from 1970 to 2000, the average tenure length of owners and renters in California increased by 1.04 years and .79 years, respectively, relative to the comparison states. We also find substantial variation in the response to Prop 13, with African-American households responding more than households of other races and migrants responding more than native-born households. Among owner-occupiers, the response to Prop 13 increases sharply as the size of the subsidy rises. Homeowners living in inland California cities such as Bakersfield receive Prop 13 subsidies averaging only $110/year and their average tenure length increased by only .11 years in 2000, but owners living in coastal California cities receive Prop 13 subsidies averaging in the thousands of dollars and their average tenure length increased by 2 to 3 years.
主题	Public Economics ; Taxation ; Regional and Urban Economics ; Subnational Fiscal Issues ; Other ; Law and Economics
URL	https://www.nber.org/papers/w11108
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/568745
推荐引用方式 GB/T 7714	Nada Wasi,Michelle J. White. Property Tax Limitations and Mobility: The Lock-in Effect of California's Proposition 13. 2005.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w11108.pdf（156KB）	智库出版物		限制开放	CC BY-NC-SA	浏览