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, mortgage interest and property tax rates, property insurance, transactions costs, and depreciation and maintenance. It takes … into account the benefits from the U.S. income tax deductions for mortgage interest and property taxes and it considers the …
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Many goods are marketed after first stating a list price, with the expectation that the eventual sales price will differ. In this paper we first present a simple model of search behavior that includes the seller setting a list price. Holding constant the mean of the buyers' distribution of...
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