Replication data for: Proposition 13: An Equilibrium Analysis

Ayşe İmrohoroğlu, Şelale Tüzel & Kyle Matoba
There are many federal, state, and local laws that distort housing decisions and prices. However, it is often difficult to tease out the quantitative impact of such policies. In this paper, we examine the implications of one of the most significant tax changes initiated by voters in the United States on house prices, housing turnover, and household welfare. In 1978 California passed Proposition 13, which lowered property tax rates and restricted future property tax increases....
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