Mansion Tax: The Effect of Transfer Taxes on the Residential Real Estate Market
---- Acknowledgments ----
We are grateful to Chris Mayer, the Paul Milstein Center for Real Estate and the Real Estate Board of New York for the data. Gilles Duranton, Bill Gentry, Henrik Kleven, Randy Reback, Maya Rossin- Slater, Anindya Sen, and seminar participants at Columbia, Syracuse, Federal Reserve Board of Governors, Wharton, New York Fed, Toronto, New Economics School, Northwestern, 2013 IIPF meeting, the 2013 meeting of the CEA, 2014 meeting of the AEA and 2014 Utah Business Economics Conference provided many helpful suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.