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1. The Impact of Fiscal Illusion on Housing Values: An Australian Test of the Debt Illusion Hypothesis.

Author

Dollery, Brian E. and Worthington, Andrew C.

Subjects
HOUSING policy
Abstract

Determines the extent to which local fiscal variables are capitalized into housing values in Sydney, Australia. Review of empirical literature; Data from several metropolitan Sydney municipalities for the period 1989 to 1991; Suggestion on the local government expenditure.

Published
1995
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