Vertical Tax Equity: An Analysis of ResidentialValuation in a Major U.K. City

Stanley McGreal, Louise Brown, Alastair Adair, JR Webb

Research output: Contribution to journalArticle

LanguageEnglish
Pages1-18
JournalJournal of Housing Research
Volume16
Issue number1
Publication statusPublished - 2007

Cite this

@article{76b919a6dea54f888d5c5fa6c862a1d8,
title = "Vertical Tax Equity: An Analysis of ResidentialValuation in a Major U.K. City",
author = "Stanley McGreal and Louise Brown and Alastair Adair and JR Webb",
note = "Reference text: Allen, M.T. and W.H. Dare. Identifying Determinants of Horizontal Tax Inequity: Evidence from Florida. Journal of Real Estate Research, 2002, 24:2, 153–63. Benson, E.D. and A.L. Schwartz. Vertical equity in the taxation of single family homes, Journal of Real Estate Research, 1997, 14:3, 215–32. ——. An Examination of Vertical Equity over Two Assessment Exercises. Journal of Real Estate Research, 2000, 19:3, 255–73. Brown, G. Property Investment and Performance Measurement: A Reply. Journal of Valuation, 1985, 4, 33–44. ——. Valuation Accuracy: Developing the Economic Issues. Journal of Property Research, 1992, 9:3, 199–207. Clapp, J.M. A New Test for Equitable Real Estate Tax Assessment. Journal of Real Estate Finance and Economics, 1990, 3, 233–49. Crosby, N. Valuation Accuracy, Variation and Bias in the Contact of Standards and Expectations. Journal of Property Investment & Finance, 2000, 18:2, 130–61. Drivers Jonas/IPD. The Variance in Valuations. Drivers Jonas/Investment Property Databank. London, 1988. ——. The Variance in Valuations: Interim Report 1997. Drivers Jonas/Investment Property Databank, London, 1997. Gallimore, P. Confirmation Bias in the Valuation Process: A Test for Corroborating Evidence. Journal of Property Research, 1996, 13, 261–73. Geltner, D. Estimating Market Values from Appraised Values without Assuming an Efficient Market. Journal of Real Estate Research, 1993, 8, 325–45. Haurin, D. An Empirical Analysis of Property Tax Equity. Property Tax Journal, 1988, 5–18. Kochin, L.A. and R.W. Parks. Vertical Equity in Real Estate Assessment: A Fair Appraisal. Economic Inquiry, 1982, 20, 511–32. Lizieri, C. and P. Venmore-Rowland. Valuation Accuracy: A Contribution to the Debate. Journal of Property Research, 1991, 8, 115–22. Matysiak, G and P. Wang. Commercial Property Market Prices and Valuations: Analysing the Correspondence. Journal of Property Research, 1995, 12, 181–202. McAllister, P. Valuation Accuracy: A Contribution to the Debate. Journal of Property Research, 1995, 12, 203–16. McCluskey, W., P. Davis, and L.C. Lim. Examination of Options for a Capital Value System. Northern Ireland Rating Review Annex 1, Belfast, 2003. McParland, C.M., W.S. McGreal, and A.S. Adair. Concepts of Price, Value and Worth in the United Kingdom: Towards a European Perspective. Journal of Property Investment and Finance, 2000, 18:1, 84–102. Northern Ireland Executive. Reform of the Domestic Rating System in Northern Ireland. Policy Paper, Northern Ireland Assembly, Belfast, 2003. Paglin, M. and M. Fogarty. Equity and the Property Tax: A New Conceptual Focus. National Tax Journal, 1972, 25:4, 557–65. AN ANALYSIS OF RESIDENTIAL VALUATION IN A MAJOR U.K. CITY 17 RICS. RICS Appraisal and Valuation Standards. Royal Institution of Chartered Surveyors. London, 2003. Sirmans, G.S., B.A. Diskin, and H.S. Friday. Vertical Inequity in the Taxation of Real Property. National Tax Journal, 1995, 49, 71–84. Smith, B.C. Applying Models for Vertical Inequity in the Property Tax to a Non-Market Value State. Journal of Real Estate Research, 2000, 19:3, 321–44.",
year = "2007",
language = "English",
volume = "16",
pages = "1--18",
journal = "Journal of Housing Research",
issn = "1052-7001",
number = "1",

}

Vertical Tax Equity: An Analysis of ResidentialValuation in a Major U.K. City. / McGreal, Stanley; Brown, Louise; Adair, Alastair; Webb, JR.

In: Journal of Housing Research, Vol. 16, No. 1, 2007, p. 1-18.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Vertical Tax Equity: An Analysis of ResidentialValuation in a Major U.K. City

AU - McGreal, Stanley

AU - Brown, Louise

AU - Adair, Alastair

AU - Webb, JR

N1 - Reference text: Allen, M.T. and W.H. Dare. Identifying Determinants of Horizontal Tax Inequity: Evidence from Florida. Journal of Real Estate Research, 2002, 24:2, 153–63. Benson, E.D. and A.L. Schwartz. Vertical equity in the taxation of single family homes, Journal of Real Estate Research, 1997, 14:3, 215–32. ——. An Examination of Vertical Equity over Two Assessment Exercises. Journal of Real Estate Research, 2000, 19:3, 255–73. Brown, G. Property Investment and Performance Measurement: A Reply. Journal of Valuation, 1985, 4, 33–44. ——. Valuation Accuracy: Developing the Economic Issues. Journal of Property Research, 1992, 9:3, 199–207. Clapp, J.M. A New Test for Equitable Real Estate Tax Assessment. Journal of Real Estate Finance and Economics, 1990, 3, 233–49. Crosby, N. Valuation Accuracy, Variation and Bias in the Contact of Standards and Expectations. Journal of Property Investment & Finance, 2000, 18:2, 130–61. Drivers Jonas/IPD. The Variance in Valuations. Drivers Jonas/Investment Property Databank. London, 1988. ——. The Variance in Valuations: Interim Report 1997. Drivers Jonas/Investment Property Databank, London, 1997. Gallimore, P. Confirmation Bias in the Valuation Process: A Test for Corroborating Evidence. Journal of Property Research, 1996, 13, 261–73. Geltner, D. Estimating Market Values from Appraised Values without Assuming an Efficient Market. Journal of Real Estate Research, 1993, 8, 325–45. Haurin, D. An Empirical Analysis of Property Tax Equity. Property Tax Journal, 1988, 5–18. Kochin, L.A. and R.W. Parks. Vertical Equity in Real Estate Assessment: A Fair Appraisal. Economic Inquiry, 1982, 20, 511–32. Lizieri, C. and P. Venmore-Rowland. Valuation Accuracy: A Contribution to the Debate. Journal of Property Research, 1991, 8, 115–22. Matysiak, G and P. Wang. Commercial Property Market Prices and Valuations: Analysing the Correspondence. Journal of Property Research, 1995, 12, 181–202. McAllister, P. Valuation Accuracy: A Contribution to the Debate. Journal of Property Research, 1995, 12, 203–16. McCluskey, W., P. Davis, and L.C. Lim. Examination of Options for a Capital Value System. Northern Ireland Rating Review Annex 1, Belfast, 2003. McParland, C.M., W.S. McGreal, and A.S. Adair. Concepts of Price, Value and Worth in the United Kingdom: Towards a European Perspective. Journal of Property Investment and Finance, 2000, 18:1, 84–102. Northern Ireland Executive. Reform of the Domestic Rating System in Northern Ireland. Policy Paper, Northern Ireland Assembly, Belfast, 2003. Paglin, M. and M. Fogarty. Equity and the Property Tax: A New Conceptual Focus. National Tax Journal, 1972, 25:4, 557–65. AN ANALYSIS OF RESIDENTIAL VALUATION IN A MAJOR U.K. CITY 17 RICS. RICS Appraisal and Valuation Standards. Royal Institution of Chartered Surveyors. London, 2003. Sirmans, G.S., B.A. Diskin, and H.S. Friday. Vertical Inequity in the Taxation of Real Property. National Tax Journal, 1995, 49, 71–84. Smith, B.C. Applying Models for Vertical Inequity in the Property Tax to a Non-Market Value State. Journal of Real Estate Research, 2000, 19:3, 321–44.

PY - 2007

Y1 - 2007

M3 - Article

VL - 16

SP - 1

EP - 18

JO - Journal of Housing Research

T2 - Journal of Housing Research

JF - Journal of Housing Research

SN - 1052-7001

IS - 1

ER -