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SUBURBAN MULTIFAMILY VACANCY RATES AND FEDERAL INCOME TAX POLICIES
Authors:William E Sperbeck
Abstract:Though urban planning issues continue to be created largely by local problems, urban theorists have become sensitive to the indirect modifying effects of federal urban policy on the local land-use structure. Federal tax policies on income derived from multifamily real estate appear to have generated excessive apartment construction during the 1968–73 period in Minneapolis-St. Paul suburbs. The consequence of these policies is evident in high multifamily suburban vacancy rates for Twin City apartments built during this period.
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