Abstract
it-wen Institute of Business and University of California, Economic Research Berkeley CENTER FOR REAL ESTATE AND URBAN ECONOMICS WOBKINGIPAPER SERIES These papers are preliminary ‘ ature; their purpose ' limul discussion comme . h re. they are not to be ' or quoted ‘ ny publication without express permission of the author. WORKING PAPER NO. 80-11 THE IMPACT OF PROPOSITION 13 ON HOUSE PRICES IN NORTHERN CALIFORNIA: A TEST OF THE INTERJURISDICTIONAL CAPITALIZATION HYPOTHESIS by Kenneth T. Rosen
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