RDP 8907: Tax Policy and Housing Investment in Australia Equation (19)

Price(existing installed house)= m K {1c(1+πi)}/(1a), MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiuaiaabk hacaqGPbGaae4yaiaabwgacaGGOaGaaeyzaiaabIhacaqGPbGaae4C aiaabshacaqGPbGaaeOBaiaabEgacaqGGaGaaeyAaiaab6gacaqGZb GaaeiDaiaabggacaqGSbGaaeiBaiaabwgacaqGKbGaaeiiaiaabIga caqGVbGaaeyDaiaabohacaqGLbGaaiykaiabg2da9iaab2gadaahaa WcbeqaaiaabUeaaaGccaGG7bGaaGymaiabgkHiTiaabogacaGGOaGa aGymaiabgUcaRiabec8aWjabgkHiTiaabMgacaGGPaGaaiyFaiaac+ cacaGGOaGaaGymaiabgkHiTiaabggacaGGPaGaaiilaaaa@6505@