Consider the model of property taxation of industrial real estate as applied to Cook and DuPage Counties

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Consider the model of property taxation of industrial real estate as applied to Cook and DuPage Counties in Illinois discussed previously. Suppose that the capitalization rate is 9.0% instead of 9.6%. Full capitalization of the property tax differential now implies what selling price differential?

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Urban Economics And Real Estate: Theory And Policy

ISBN: 9781621577706

2nd Edition

Authors: John F. McDonald, Daniel P. McMillen

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