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RDP 8907: Tax Policy and Housing Investment in Australia
Equation (10)
H=1/(1-c){P
s
R
s
+cV
s
(
π
−
i)}+m
K
P
s
(
J
−
δ
K
)
+
m
L
P
s
(
L
B
−
δ
L
)
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