id	sid	tid	token	lemma	pos
fsr-3655	1	1	pii	pii	PROPN
fsr-3655	1	2	:	:	PUNCT
fsr-3655	1	3	1057	1057	NUM
fsr-3655	1	4	-	-	SYM
fsr-3655	1	5	0810(91)90007	0810(91)90007	NUM
fsr-3655	1	6	-	-	PUNCT
fsr-3655	1	7	l	l	NOUN
fsr-3655	1	8	financial	financial	ADJ
fsr-3655	1	9	services	service	NOUN
fsr-3655	1	10	review	review	NOUN
fsr-3655	1	11	,	,	PUNCT
fsr-3655	1	12	1(1):45	1(1):45	NUM
fsr-3655	1	13	-	-	SYM
fsr-3655	1	14	59	59	NUM
fsr-3655	1	15	copyright	copyright	NOUN
fsr-3655	1	16	@	@	ADP
fsr-3655	1	17	1991	1991	NUM
fsr-3655	1	18	by	by	ADP
fsr-3655	1	19	jai	jai	PROPN
fsr-3655	1	20	press	press	PROPN
fsr-3655	1	21	inc	inc	PROPN
fsr-3655	1	22	.	.	PROPN
fsr-3655	1	23	issn	issn	PROPN
fsr-3655	1	24	:	:	PUNCT
fsr-3655	1	25	1057	1057	NUM
fsr-3655	1	26	-	-	SYM
fsr-3655	1	27	0810	0810	NUM
fsr-3655	1	28	all	all	DET
fsr-3655	1	29	rights	right	NOUN
fsr-3655	1	30	of	of	ADP
fsr-3655	1	31	reproduction	reproduction	NOUN
fsr-3655	1	32	in	in	ADP
fsr-3655	1	33	any	any	DET
fsr-3655	1	34	form	form	NOUN
fsr-3655	1	35	reserved	reserve	VERB
fsr-3655	1	36	.	.	PUNCT
fsr-3655	2	1	real	real	ADJ
fsr-3655	2	2	estate	estate	NOUN
fsr-3655	2	3	income	income	NOUN
fsr-3655	2	4	and	and	CCONJ
fsr-3655	2	5	relocation	relocation	NOUN
fsr-3655	2	6	peter	peter	PROPN
fsr-3655	2	7	chinloy	chinloy	VERB
fsr-3655	2	8	this	this	DET
fsr-3655	2	9	paper	paper	NOUN
fsr-3655	2	10	looks	look	VERB
fsr-3655	2	11	at	at	ADP
fsr-3655	2	12	the	the	DET
fsr-3655	2	13	decision	decision	NOUN
fsr-3655	2	14	relationship	relationship	NOUN
fsr-3655	2	15	between	between	ADP
fsr-3655	2	16	two	two	NUM
fsr-3655	2	17	major	major	ADJ
fsr-3655	2	18	assets	asset	NOUN
fsr-3655	2	19	of	of	ADP
fsr-3655	2	20	the	the	DET
fsr-3655	2	21	individual	individual	ADJ
fsr-3655	2	22	,	,	PUNCT
fsr-3655	2	23	residential	residential	ADJ
fsr-3655	2	24	real	real	ADJ
fsr-3655	2	25	estate	estate	NOUN
fsr-3655	2	26	and	and	CCONJ
fsr-3655	2	27	human	human	ADJ
fsr-3655	2	28	capital	capital	NOUN
fsr-3655	2	29	,	,	PUNCT
fsr-3655	2	30	the	the	DET
fsr-3655	2	31	ability	ability	NOUN
fsr-3655	2	32	to	to	PART
fsr-3655	2	33	generate	generate	VERB
fsr-3655	2	34	income	income	NOUN
fsr-3655	2	35	from	from	ADP
fsr-3655	2	36	labor	labor	NOUN
fsr-3655	2	37	.	.	PUNCT
fsr-3655	3	1	empirical	empirical	ADJ
fsr-3655	3	2	results	result	NOUN
fsr-3655	3	3	indicate	indicate	VERB
fsr-3655	3	4	that	that	SCONJ
fsr-3655	3	5	labor	labor	NOUN
fsr-3655	3	6	income	income	NOUN
fsr-3655	3	7	is	be	AUX
fsr-3655	3	8	not	not	PART
fsr-3655	3	9	sufficient	sufficient	ADJ
fsr-3655	3	10	for	for	ADP
fsr-3655	3	11	defining	define	VERB
fsr-3655	3	12	income	income	NOUN
fsr-3655	3	13	within	within	ADP
fsr-3655	3	14	the	the	DET
fsr-3655	3	15	utility	utility	NOUN
fsr-3655	3	16	fiction	fiction	NOUN
fsr-3655	3	17	;	;	PUNCT
fsr-3655	3	18	real	real	ADJ
fsr-3655	3	19	estate	estate	NOUN
fsr-3655	3	20	income	income	NOUN
fsr-3655	3	21	must	must	AUX
fsr-3655	3	22	also	also	ADV
fsr-3655	3	23	be	be	AUX
fsr-3655	3	24	included	include	VERB
fsr-3655	3	25	.	.	PUNCT
fsr-3655	4	1	the	the	DET
fsr-3655	4	2	derision	derision	NOUN
fsr-3655	4	3	to	to	PART
fsr-3655	4	4	relocate	relocate	VERB
fsr-3655	4	5	must	must	AUX
fsr-3655	4	6	be	be	AUX
fsr-3655	4	7	made	make	VERB
fsr-3655	4	8	after	after	ADP
fsr-3655	4	9	considering	consider	VERB
fsr-3655	4	10	both	both	CCONJ
fsr-3655	4	11	the	the	DET
fsr-3655	4	12	return	return	NOUN
fsr-3655	4	13	and	and	CCONJ
fsr-3655	4	14	risk	risk	NOUN
fsr-3655	4	15	in	in	ADP
fsr-3655	4	16	the	the	DET
fsr-3655	4	17	area	area	NOUN
fsr-3655	4	18	’s	’s	PART
fsr-3655	4	19	residential	residential	ADJ
fsr-3655	4	20	real	real	ADJ
fsr-3655	4	21	estate	estate	NOUN
fsr-3655	4	22	as	as	ADV
fsr-3655	4	23	well	well	ADV
fsr-3655	4	24	as	as	ADP
fsr-3655	4	25	the	the	DET
fsr-3655	4	26	potential	potential	ADJ
fsr-3655	4	27	income	income	NOUN
fsr-3655	4	28	from	from	ADP
fsr-3655	4	29	salaries	salary	NOUN
fsr-3655	4	30	.	.	PUNCT
fsr-3655	5	1	1	1	X
fsr-3655	5	2	.	.	X
fsr-3655	5	3	introduction	introduction	NOUN
fsr-3655	5	4	the	the	DET
fsr-3655	5	5	individual	individual	ADJ
fsr-3655	5	6	investor	investor	NOUN
fsr-3655	5	7	has	have	VERB
fsr-3655	5	8	a	a	DET
fsr-3655	5	9	portfolio	portfolio	NOUN
fsr-3655	5	10	that	that	PRON
fsr-3655	5	11	is	be	AUX
fsr-3655	5	12	dominated	dominate	VERB
fsr-3655	5	13	by	by	ADP
fsr-3655	5	14	physical	physical	ADJ
fsr-3655	5	15	assets	asset	NOUN
fsr-3655	5	16	,	,	PUNCT
fsr-3655	5	17	notably	notably	ADV
fsr-3655	5	18	real	real	ADJ
fsr-3655	5	19	estate	estate	NOUN
fsr-3655	5	20	,	,	PUNCT
fsr-3655	5	21	rather	rather	ADV
fsr-3655	5	22	than	than	ADP
fsr-3655	5	23	financial	financial	ADJ
fsr-3655	5	24	assets	asset	NOUN
fsr-3655	5	25	.	.	PUNCT
fsr-3655	6	1	personal	personal	ADJ
fsr-3655	6	2	wealth	wealth	NOUN
fsr-3655	6	3	is	be	AUX
fsr-3655	6	4	concentrated	concentrate	VERB
fsr-3655	6	5	in	in	ADP
fsr-3655	6	6	illiquid	illiquid	NOUN
fsr-3655	6	7	,	,	PUNCT
fsr-3655	6	8	largely	largely	ADV
fsr-3655	6	9	undiversifiable	undiversifiable	ADJ
fsr-3655	6	10	form	form	NOUN
fsr-3655	6	11	,	,	PUNCT
fsr-3655	6	12	notably	notably	ADV
fsr-3655	6	13	in	in	ADP
fsr-3655	6	14	single	single	ADJ
fsr-3655	6	15	family	family	NOUN
fsr-3655	6	16	houses	house	NOUN
fsr-3655	6	17	.	.	PUNCT
fsr-3655	7	1	in	in	ADP
fsr-3655	7	2	1986	1986	NUM
fsr-3655	7	3	,	,	PUNCT
fsr-3655	7	4	41.3	41.3	NUM
fsr-3655	7	5	%	%	NOUN
fsr-3655	7	6	of	of	ADP
fsr-3655	7	7	household	household	NOUN
fsr-3655	7	8	net	net	NOUN
fsr-3655	7	9	worth	worth	NOUN
fsr-3655	7	10	was	be	AUX
fsr-3655	7	11	in	in	ADP
fsr-3655	7	12	owner	owner	NOUN
fsr-3655	7	13	-	-	PUNCT
fsr-3655	7	14	occupied	occupy	VERB
fsr-3655	7	15	housing	housing	NOUN
fsr-3655	7	16	,	,	PUNCT
fsr-3655	7	17	with	with	ADP
fsr-3655	7	18	a	a	DET
fsr-3655	7	19	median	median	ADJ
fsr-3655	7	20	equity	equity	NOUN
fsr-3655	7	21	of	of	ADP
fsr-3655	7	22	$	$	SYM
fsr-3655	7	23	40,597	40,597	NUM
fsr-3655	7	24	.	.	PUNCT
fsr-3655	8	1	an	an	DET
fsr-3655	8	2	additions	addition	NOUN
fsr-3655	8	3	9	9	NUM
fsr-3655	8	4	%	%	NOUN
fsr-3655	8	5	of	of	ADP
fsr-3655	8	6	household	household	NOUN
fsr-3655	8	7	wealth	wealth	NOUN
fsr-3655	8	8	was	be	AUX
fsr-3655	8	9	in	in	ADP
fsr-3655	8	10	rental	rental	ADJ
fsr-3655	8	11	housing	housing	NOUN
fsr-3655	8	12	,	,	PUNCT
fsr-3655	8	13	and	and	CCONJ
fsr-3655	8	14	4.4	4.4	NUM
fsr-3655	8	15	%	%	NOUN
fsr-3655	8	16	in	in	ADP
fsr-3655	8	17	secondary	secondary	ADJ
fsr-3655	8	18	homes	home	NOUN
fsr-3655	8	19	.	.	PUNCT
fsr-3655	9	1	median	median	ADJ
fsr-3655	9	2	stock	stock	PROPN
fsr-3655	9	3	equity	equity	NOUN
fsr-3655	9	4	held	hold	VERB
fsr-3655	9	5	,	,	PUNCT
fsr-3655	9	6	including	include	VERB
fsr-3655	9	7	pensions	pension	NOUN
fsr-3655	9	8	,	,	PUNCT
fsr-3655	9	9	was	be	AUX
fsr-3655	9	10	$	$	SYM
fsr-3655	9	11	3,892	3,892	NUM
fsr-3655	9	12	.	.	PUNCT
fsr-3655	9	13	’	'	PUNCT
fsr-3655	10	1	households	household	NOUN
fsr-3655	10	2	hold	hold	VERB
fsr-3655	10	3	nondiversified	nondiversifie	VERB
fsr-3655	10	4	human	human	ADJ
fsr-3655	10	5	capital	capital	NOUN
fsr-3655	10	6	and	and	CCONJ
fsr-3655	10	7	real	real	ADJ
fsr-3655	10	8	estate	estate	NOUN
fsr-3655	10	9	,	,	PUNCT
fsr-3655	10	10	and	and	CCONJ
fsr-3655	10	11	these	these	DET
fsr-3655	10	12	two	two	NUM
fsr-3655	10	13	assets	asset	NOUN
fsr-3655	10	14	account	account	VERB
fsr-3655	10	15	for	for	ADP
fsr-3655	10	16	nearly	nearly	ADV
fsr-3655	10	17	all	all	PRON
fsr-3655	10	18	private	private	ADJ
fsr-3655	10	19	wealth.2	wealth.2	NOUN
fsr-3655	10	20	while	while	SCONJ
fsr-3655	10	21	households	household	NOUN
fsr-3655	10	22	are	be	AUX
fsr-3655	10	23	theoretically	theoretically	ADV
fsr-3655	10	24	able	able	ADJ
fsr-3655	10	25	to	to	PART
fsr-3655	10	26	participate	participate	VERB
fsr-3655	10	27	in	in	ADP
fsr-3655	10	28	any	any	DET
fsr-3655	10	29	real	real	ADJ
fsr-3655	10	30	estate	estate	NOUN
fsr-3655	10	31	market	market	NOUN
fsr-3655	10	32	,	,	PUNCT
fsr-3655	10	33	practical	practical	ADJ
fsr-3655	10	34	and	and	CCONJ
fsr-3655	10	35	institutions	institution	NOUN
fsr-3655	10	36	considerations	consideration	NOUN
fsr-3655	10	37	restrict	restrict	VERB
fsr-3655	10	38	diversi~~ation	diversi~~ation	NOUN
fsr-3655	10	39	,	,	PUNCT
fsr-3655	10	40	with	with	ADP
fsr-3655	10	41	real	real	ADJ
fsr-3655	10	42	estate	estate	NOUN
fsr-3655	10	43	holding	hold	VERB
fsr-3655	10	44	this	this	DET
fsr-3655	10	45	dominance	dominance	NOUN
fsr-3655	10	46	,	,	PUNCT
fsr-3655	10	47	it	it	PRON
fsr-3655	10	48	is	be	AUX
fsr-3655	10	49	plausible	plausible	ADJ
fsr-3655	10	50	that	that	SCONJ
fsr-3655	10	51	its	its	PRON
fsr-3655	10	52	income	income	NOUN
fsr-3655	10	53	should	should	AUX
fsr-3655	10	54	influence	influence	VERB
fsr-3655	10	55	personal	personal	ADJ
fsr-3655	10	56	choice	choice	NOUN
fsr-3655	10	57	decisions	decision	NOUN
fsr-3655	10	58	.	.	PUNCT
fsr-3655	11	1	one	one	NUM
fsr-3655	11	2	of	of	ADP
fsr-3655	11	3	these	these	DET
fsr-3655	11	4	decisions	decision	NOUN
fsr-3655	11	5	is	be	AUX
fsr-3655	11	6	on	on	ADP
fsr-3655	11	7	where	where	SCONJ
fsr-3655	11	8	to	to	PART
fsr-3655	11	9	live	live	VERB
fsr-3655	11	10	and	and	CCONJ
fsr-3655	11	11	work	work	VERB
fsr-3655	11	12	.	.	PUNCT
fsr-3655	12	1	an	an	DET
fsr-3655	12	2	individual	individual	NOUN
fsr-3655	12	3	having	have	VERB
fsr-3655	12	4	a	a	DET
fsr-3655	12	5	choice	choice	NOUN
fsr-3655	12	6	between	between	ADP
fsr-3655	12	7	locations	location	NOUN
fsr-3655	12	8	,	,	PUNCT
fsr-3655	12	9	such	such	ADJ
fsr-3655	12	10	as	as	ADP
fsr-3655	12	11	over	over	ADP
fsr-3655	12	12	competing	compete	VERB
fsr-3655	12	13	job	job	NOUN
fsr-3655	12	14	offers	offer	NOUN
fsr-3655	12	15	,	,	PUNCT
fsr-3655	12	16	evaluates	evaluate	VERB
fsr-3655	12	17	the	the	DET
fsr-3655	12	18	present	present	ADJ
fsr-3655	12	19	value	value	NOUN
fsr-3655	12	20	of	of	ADP
fsr-3655	12	21	income	income	NOUN
fsr-3655	12	22	streams	stream	NOUN
fsr-3655	12	23	.	.	PUNCT
fsr-3655	13	1	since	since	SCONJ
fsr-3655	13	2	real	real	ADJ
fsr-3655	13	3	estate	estate	NOUN
fsr-3655	13	4	returns	return	NOUN
fsr-3655	13	5	vary	vary	VERB
fsr-3655	13	6	by	by	ADP
fsr-3655	13	7	location	location	NOUN
fsr-3655	13	8	,	,	PUNCT
fsr-3655	13	9	a	a	DET
fsr-3655	13	10	total	total	ADJ
fsr-3655	13	11	income	income	NOUN
fsr-3655	13	12	package	package	NOUN
fsr-3655	13	13	facing	face	VERB
fsr-3655	13	14	an	an	DET
fsr-3655	13	15	individual	individual	NOUN
fsr-3655	13	16	,	,	PUNCT
fsr-3655	13	17	of	of	ADP
fsr-3655	13	18	job	job	NOUN
fsr-3655	13	19	and	and	CCONJ
fsr-3655	13	20	real	real	ADJ
fsr-3655	13	21	estate	estate	NOUN
fsr-3655	13	22	,	,	PUNCT
fsr-3655	13	23	has	have	VERB
fsr-3655	13	24	a	a	DET
fsr-3655	13	25	locational	locational	ADJ
fsr-3655	13	26	component	component	NOUN
fsr-3655	13	27	.	.	PUNCT
fsr-3655	14	1	this	this	DET
fsr-3655	14	2	paper	paper	NOUN
fsr-3655	14	3	evaluates	evaluate	VERB
fsr-3655	14	4	to	to	ADP
fsr-3655	14	5	what	what	DET
fsr-3655	14	6	extent	extent	NOUN
fsr-3655	14	7	individuals	individual	NOUN
fsr-3655	14	8	include	include	VERB
fsr-3655	14	9	this	this	DET
fsr-3655	14	10	real	real	ADJ
fsr-3655	14	11	estate	estate	NOUN
fsr-3655	14	12	income	income	NOUN
fsr-3655	14	13	in	in	ADP
fsr-3655	14	14	their	their	PRON
fsr-3655	14	15	decision	decision	NOUN
fsr-3655	14	16	to	to	PART
fsr-3655	14	17	relocate	relocate	VERB
fsr-3655	14	18	and	and	CCONJ
fsr-3655	14	19	to	to	PART
fsr-3655	14	20	accept	accept	VERB
fsr-3655	14	21	a	a	DET
fsr-3655	14	22	job	job	NOUN
fsr-3655	14	23	offer	offer	NOUN
fsr-3655	14	24	.	.	PUNCT
fsr-3655	15	1	the	the	DET
fsr-3655	15	2	total	total	ADJ
fsr-3655	15	3	income	income	NOUN
fsr-3655	15	4	an	an	DET
fsr-3655	15	5	individual	individual	ADJ
fsr-3655	15	6	receives	receive	VERB
fsr-3655	15	7	is	be	AUX
fsr-3655	15	8	divided	divide	VERB
fsr-3655	15	9	into	into	ADP
fsr-3655	15	10	three	three	NUM
fsr-3655	15	11	components	component	NOUN
fsr-3655	15	12	tied	tie	VERB
fsr-3655	15	13	to	to	ADP
fsr-3655	15	14	location	location	NOUN
fsr-3655	15	15	:	:	PUNCT
fsr-3655	15	16	a	a	DET
fsr-3655	15	17	fourth	fourth	ADJ
fsr-3655	15	18	,	,	PUNCT
fsr-3655	15	19	for	for	ADP
fsr-3655	15	20	income	income	NOUN
fsr-3655	15	21	from	from	ADP
fsr-3655	15	22	financial	financial	ADJ
fsr-3655	15	23	assets	asset	NOUN
fsr-3655	15	24	,	,	PUNCT
fsr-3655	15	25	has	have	VERB
fsr-3655	15	26	no	no	DET
fsr-3655	15	27	locational	locational	ADJ
fsr-3655	15	28	peter	peter	PROPN
fsr-3655	15	29	chinloy	chinloy	PROPN
fsr-3655	15	30	l	l	PROPN
fsr-3655	15	31	american	american	PROPN
fsr-3655	15	32	university	university	PROPN
fsr-3655	15	33	,	,	PUNCT
fsr-3655	15	34	washington	washington	PROPN
fsr-3655	15	35	,	,	PUNCT
fsr-3655	15	36	dc	dc	PROPN
fsr-3655	15	37	20006	20006	NUM
fsr-3655	15	38	.	.	PUNCT
fsr-3655	16	1	46	46	NUM
fsr-3655	16	2	financial	financial	PROPN
fsr-3655	16	3	services	service	NOUN
fsr-3655	16	4	review	review	NOUN
fsr-3655	16	5	,	,	PUNCT
fsr-3655	16	6	l(1	l(1	PROPN
fsr-3655	16	7	)	)	PUNCT
fsr-3655	16	8	1991	1991	NUM
fsr-3655	16	9	variation	variation	NOUN
fsr-3655	16	10	.	.	PUNCT
fsr-3655	17	1	the	the	DET
fsr-3655	17	2	three	three	NUM
fsr-3655	17	3	sources	source	NOUN
fsr-3655	17	4	of	of	ADP
fsr-3655	17	5	income	income	NOUN
fsr-3655	17	6	are	be	AUX
fsr-3655	17	7	from	from	ADP
fsr-3655	17	8	a	a	DET
fsr-3655	17	9	job	job	NOUN
fsr-3655	17	10	,	,	PUNCT
fsr-3655	17	11	from	from	ADP
fsr-3655	17	12	a	a	DET
fsr-3655	17	13	market	market	NOUN
fsr-3655	17	14	return	return	NOUN
fsr-3655	17	15	to	to	ADP
fsr-3655	17	16	real	real	ADJ
fsr-3655	17	17	estate	estate	NOUN
fsr-3655	17	18	,	,	PUNCT
fsr-3655	17	19	and	and	CCONJ
fsr-3655	17	20	from	from	ADP
fsr-3655	17	21	a	a	DET
fsr-3655	17	22	premium	premium	NOUN
fsr-3655	17	23	accorded	accord	VERB
fsr-3655	17	24	to	to	ADP
fsr-3655	17	25	owner	owner	NOUN
fsr-3655	17	26	-	-	PUNCT
fsr-3655	17	27	occupancy	occupancy	NOUN
fsr-3655	17	28	.	.	PUNCT
fsr-3655	18	1	since	since	SCONJ
fsr-3655	18	2	job	job	NOUN
fsr-3655	18	3	income	income	NOUN
fsr-3655	18	4	is	be	AUX
fsr-3655	18	5	in	in	ADP
fsr-3655	18	6	cash	cash	NOUN
fsr-3655	18	7	,	,	PUNCT
fsr-3655	18	8	individuals	individual	NOUN
fsr-3655	18	9	fully	fully	ADV
fsr-3655	18	10	include	include	VERB
fsr-3655	18	11	it	it	PRON
fsr-3655	18	12	in	in	ADP
fsr-3655	18	13	allocation	allocation	NOUN
fsr-3655	18	14	decisions	decision	NOUN
fsr-3655	18	15	.	.	PUNCT
fsr-3655	19	1	this	this	DET
fsr-3655	19	2	paper	paper	NOUN
fsr-3655	19	3	tests	test	VERB
fsr-3655	19	4	whether	whether	SCONJ
fsr-3655	19	5	the	the	DET
fsr-3655	19	6	two	two	NUM
fsr-3655	19	7	returns	return	NOUN
fsr-3655	19	8	to	to	ADP
fsr-3655	19	9	real	real	ADJ
fsr-3655	19	10	estate	estate	NOUN
fsr-3655	19	11	are	be	AUX
fsr-3655	19	12	included	include	VERB
fsr-3655	19	13	in	in	ADP
fsr-3655	19	14	total	total	ADJ
fsr-3655	19	15	income	income	NOUN
fsr-3655	19	16	.	.	PUNCT
fsr-3655	20	1	real	real	ADJ
fsr-3655	20	2	estate	estate	NOUN
fsr-3655	20	3	income	income	NOUN
fsr-3655	20	4	,	,	PUNCT
fsr-3655	20	5	both	both	CCONJ
fsr-3655	20	6	market	market	NOUN
fsr-3655	20	7	and	and	CCONJ
fsr-3655	20	8	owner	owner	NOUN
fsr-3655	20	9	-	-	PUNCT
fsr-3655	20	10	occupier	occupier	ADJ
fsr-3655	20	11	forms	form	NOUN
fsr-3655	20	12	,	,	PUNCT
fsr-3655	20	13	is	be	AUX
fsr-3655	20	14	the	the	DET
fsr-3655	20	15	product	product	NOUN
fsr-3655	20	16	of	of	ADP
fsr-3655	20	17	the	the	DET
fsr-3655	20	18	rate	rate	NOUN
fsr-3655	20	19	of	of	ADP
fsr-3655	20	20	return	return	NOUN
fsr-3655	20	21	and	and	CCONJ
fsr-3655	20	22	the	the	DET
fsr-3655	20	23	quantity	quantity	NOUN
fsr-3655	20	24	of	of	ADP
fsr-3655	20	25	equity	equity	NOUN
fsr-3655	20	26	held	hold	VERB
fsr-3655	20	27	,	,	PUNCT
fsr-3655	20	28	and	and	CCONJ
fsr-3655	20	29	is	be	AUX
fsr-3655	20	30	divided	divide	VERB
fsr-3655	20	31	into	into	ADP
fsr-3655	20	32	separate	separate	ADJ
fsr-3655	20	33	owner	owner	NOUN
fsr-3655	20	34	premium	premium	NOUN
fsr-3655	20	35	and	and	CCONJ
fsr-3655	20	36	investor	investor	NOUN
fsr-3655	20	37	components	component	NOUN
fsr-3655	20	38	.	.	PUNCT
fsr-3655	21	1	the	the	DET
fsr-3655	21	2	quantity	quantity	NOUN
fsr-3655	21	3	of	of	ADP
fsr-3655	21	4	equity	equity	NOUN
fsr-3655	21	5	is	be	AUX
fsr-3655	21	6	constrained	constrain	VERB
fsr-3655	21	7	by	by	ADP
fsr-3655	21	8	the	the	DET
fsr-3655	21	9	local	local	ADJ
fsr-3655	21	10	real	real	ADJ
fsr-3655	21	11	estate	estate	NOUN
fsr-3655	21	12	price	price	NOUN
fsr-3655	21	13	level	level	NOUN
fsr-3655	21	14	,	,	PUNCT
fsr-3655	21	15	and	and	CCONJ
fsr-3655	21	16	by	by	ADP
fsr-3655	21	17	institutional	institutional	ADJ
fsr-3655	21	18	requirements	requirement	NOUN
fsr-3655	21	19	on	on	ADP
fsr-3655	21	20	debt	debt	NOUN
fsr-3655	21	21	service	service	NOUN
fsr-3655	21	22	and	and	CCONJ
fsr-3655	21	23	down	down	ADP
fsr-3655	21	24	payments	payment	NOUN
fsr-3655	21	25	.	.	PUNCT
fsr-3655	22	1	the	the	DET
fsr-3655	22	2	market	market	NOUN
fsr-3655	22	3	rate	rate	NOUN
fsr-3655	22	4	of	of	ADP
fsr-3655	22	5	return	return	NOUN
fsr-3655	22	6	is	be	AUX
fsr-3655	22	7	available	available	ADJ
fsr-3655	22	8	to	to	ADP
fsr-3655	22	9	any	any	DET
fsr-3655	22	10	real	real	ADJ
fsr-3655	22	11	estate	estate	NOUN
fsr-3655	22	12	landlord	landlord	NOUN
fsr-3655	22	13	,	,	PUNCT
fsr-3655	22	14	regardless	regardless	ADV
fsr-3655	22	15	of	of	ADP
fsr-3655	22	16	place	place	NOUN
fsr-3655	22	17	of	of	ADP
fsr-3655	22	18	personal	personal	ADJ
fsr-3655	22	19	residence	residence	NOUN
fsr-3655	22	20	.	.	PUNCT
fsr-3655	23	1	the	the	DET
fsr-3655	23	2	premium	premium	ADJ
fsr-3655	23	3	rate	rate	NOUN
fsr-3655	23	4	of	of	ADP
fsr-3655	23	5	return	return	NOUN
fsr-3655	23	6	comes	come	VERB
fsr-3655	23	7	from	from	ADP
fsr-3655	23	8	preferential	preferential	ADJ
fsr-3655	23	9	treatment	treatment	NOUN
fsr-3655	23	10	on	on	ADP
fsr-3655	23	11	capital	capital	NOUN
fsr-3655	23	12	gains	gain	NOUN
fsr-3655	23	13	and	and	CCONJ
fsr-3655	23	14	deductions	deduction	NOUN
fsr-3655	23	15	accorded	accord	VERB
fsr-3655	23	16	owner	owner	NOUN
fsr-3655	23	17	-	-	PUNCT
fsr-3655	23	18	occupancy	occupancy	NOUN
fsr-3655	23	19	by	by	ADP
fsr-3655	23	20	the	the	DET
fsr-3655	23	21	tax	tax	NOUN
fsr-3655	23	22	code	code	NOUN
fsr-3655	23	23	.	.	PUNCT
fsr-3655	24	1	the	the	DET
fsr-3655	24	2	model	model	NOUN
fsr-3655	24	3	is	be	AUX
fsr-3655	24	4	sufficiently	sufficiently	ADV
fsr-3655	24	5	flexible	flexible	ADJ
fsr-3655	24	6	to	to	PART
fsr-3655	24	7	test	test	VERB
fsr-3655	24	8	whether	whether	SCONJ
fsr-3655	24	9	households	household	NOUN
fsr-3655	24	10	include	include	VERB
fsr-3655	24	11	only	only	ADV
fsr-3655	24	12	the	the	DET
fsr-3655	24	13	locationally	locationally	ADV
fsr-3655	24	14	constrained	constrain	VERB
fsr-3655	24	15	return	return	NOUN
fsr-3655	24	16	,	,	PUNCT
fsr-3655	24	17	or	or	CCONJ
fsr-3655	24	18	include	include	VERB
fsr-3655	24	19	all	all	DET
fsr-3655	24	20	real	real	ADJ
fsr-3655	24	21	estate	estate	NOUN
fsr-3655	24	22	income	income	NOUN
fsr-3655	24	23	in	in	ADP
fsr-3655	24	24	their	their	PRON
fsr-3655	24	25	decisions	decision	NOUN
fsr-3655	24	26	.	.	PUNCT
fsr-3655	25	1	also	also	ADV
fsr-3655	25	2	testable	testable	ADJ
fsr-3655	25	3	is	be	AUX
fsr-3655	25	4	whether	whether	SCONJ
fsr-3655	25	5	one	one	NUM
fsr-3655	25	6	dollar	dollar	NOUN
fsr-3655	25	7	of	of	ADP
fsr-3655	25	8	possibly	possibly	ADV
fsr-3655	25	9	illiquid	illiquid	ADJ
fsr-3655	25	10	real	real	ADJ
fsr-3655	25	11	estate	estate	NOUN
fsr-3655	25	12	income	income	NOUN
fsr-3655	25	13	is	be	AUX
fsr-3655	25	14	viewed	view	VERB
fsr-3655	25	15	as	as	ADP
fsr-3655	25	16	equivalent	equivalent	ADJ
fsr-3655	25	17	to	to	ADP
fsr-3655	25	18	one	one	NUM
fsr-3655	25	19	dollar	dollar	NOUN
fsr-3655	25	20	of	of	ADP
fsr-3655	25	21	cash	cash	NOUN
fsr-3655	25	22	income	income	NOUN
fsr-3655	25	23	.	.	PUNCT
fsr-3655	26	1	in	in	ADP
fsr-3655	26	2	section	section	NOUN
fsr-3655	26	3	2	2	NUM
fsr-3655	26	4	real	real	ADJ
fsr-3655	26	5	estate	estate	NOUN
fsr-3655	26	6	income	income	NOUN
fsr-3655	26	7	is	be	AUX
fsr-3655	26	8	constructed	construct	VERB
fsr-3655	26	9	.	.	PUNCT
fsr-3655	27	1	from	from	ADP
fsr-3655	27	2	full	full	ADJ
fsr-3655	27	3	i	i	PROPN
fsr-3655	27	4	~	~	NOUN
fsr-3655	27	5	ormation	ormation	NOUN
fsr-3655	27	6	balance	balance	NOUN
fsr-3655	27	7	sheets	sheet	NOUN
fsr-3655	27	8	and	and	CCONJ
fsr-3655	27	9	income	income	NOUN
fsr-3655	27	10	statements	statement	NOUN
fsr-3655	27	11	on	on	ADP
fsr-3655	27	12	households	household	NOUN
fsr-3655	27	13	,	,	PUNCT
fsr-3655	27	14	the	the	DET
fsr-3655	27	15	rate	rate	NOUN
fsr-3655	27	16	of	of	ADP
fsr-3655	27	17	return	return	NOUN
fsr-3655	27	18	and	and	CCONJ
fsr-3655	27	19	quantity	quantity	NOUN
fsr-3655	27	20	of	of	ADP
fsr-3655	27	21	real	real	ADJ
fsr-3655	27	22	estate	estate	NOUN
fsr-3655	27	23	that	that	PRON
fsr-3655	27	24	can	can	AUX
fsr-3655	27	25	be	be	AUX
fsr-3655	27	26	purchased	purchase	VERB
fsr-3655	27	27	are	be	AUX
fsr-3655	27	28	determined	determine	VERB
fsr-3655	27	29	.	.	PUNCT
fsr-3655	28	1	section	section	NOUN
fsr-3655	28	2	3	3	NUM
fsr-3655	28	3	examines	examine	NOUN
fsr-3655	28	4	which	which	PRON
fsr-3655	28	5	of	of	ADP
fsr-3655	28	6	these	these	DET
fsr-3655	28	7	three	three	NUM
fsr-3655	28	8	income	income	NOUN
fsr-3655	28	9	components	component	NOUN
fsr-3655	28	10	are	be	AUX
fsr-3655	28	11	included	include	VERB
fsr-3655	28	12	in	in	ADP
fsr-3655	28	13	decision	decision	NOUN
fsr-3655	28	14	making	making	NOUN
fsr-3655	28	15	.	.	PUNCT
fsr-3655	29	1	the	the	DET
fsr-3655	29	2	context	context	NOUN
fsr-3655	29	3	is	be	AUX
fsr-3655	29	4	an	an	DET
fsr-3655	29	5	empirical	empirical	ADJ
fsr-3655	29	6	examination	examination	NOUN
fsr-3655	29	7	of	of	ADP
fsr-3655	29	8	a	a	DET
fsr-3655	29	9	sample	sample	NOUN
fsr-3655	29	10	of	of	ADP
fsr-3655	29	11	jobseekers	jobseeker	NOUN
fsr-3655	29	12	.	.	PUNCT
fsr-3655	30	1	an	an	DET
fsr-3655	30	2	important	important	ADJ
fsr-3655	30	3	advantage	advantage	NOUN
fsr-3655	30	4	of	of	ADP
fsr-3655	30	5	the	the	DET
fsr-3655	30	6	data	datum	NOUN
fsr-3655	30	7	set	set	VERB
fsr-3655	30	8	is	be	AUX
fsr-3655	30	9	having	have	VERB
fsr-3655	30	10	the	the	DET
fsr-3655	30	11	actual	actual	ADJ
fsr-3655	30	12	job	job	NOUN
fsr-3655	30	13	choices	choice	NOUN
fsr-3655	30	14	and	and	CCONJ
fsr-3655	30	15	locations	location	NOUN
fsr-3655	30	16	faced	face	VERB
fsr-3655	30	17	,	,	PUNCT
fsr-3655	30	18	and	and	CCONJ
fsr-3655	30	19	knowing	know	VERB
fsr-3655	30	20	the	the	DET
fsr-3655	30	21	final	final	ADJ
fsr-3655	30	22	selection	selection	NOUN
fsr-3655	30	23	.	.	PUNCT
fsr-3655	31	1	the	the	DET
fsr-3655	31	2	empirical	empirical	ADJ
fsr-3655	31	3	results	result	NOUN
fsr-3655	31	4	indicate	indicate	VERB
fsr-3655	31	5	that	that	SCONJ
fsr-3655	31	6	labor	labor	NOUN
fsr-3655	31	7	income	income	NOUN
fsr-3655	31	8	is	be	AUX
fsr-3655	31	9	not	not	PART
fsr-3655	31	10	a	a	DET
fsr-3655	31	11	sufficient	sufficient	ADJ
fsr-3655	31	12	statistic	statistic	NOUN
fsr-3655	31	13	in	in	ADP
fsr-3655	31	14	the	the	DET
fsr-3655	31	15	income	income	NOUN
fsr-3655	31	16	measure	measure	NOUN
fsr-3655	31	17	within	within	ADP
fsr-3655	31	18	the	the	DET
fsr-3655	31	19	utility	utility	NOUN
fsr-3655	31	20	function	function	NOUN
fsr-3655	31	21	:	:	PUNCT
fsr-3655	31	22	real	real	ADJ
fsr-3655	31	23	estate	estate	NOUN
fsr-3655	31	24	income	income	NOUN
fsr-3655	31	25	must	must	AUX
fsr-3655	31	26	be	be	AUX
fsr-3655	31	27	included	include	VERB
fsr-3655	31	28	in	in	ADP
fsr-3655	31	29	the	the	DET
fsr-3655	31	30	relocation	relocation	NOUN
fsr-3655	31	31	decision	decision	NOUN
fsr-3655	31	32	.	.	PUNCT
fsr-3655	32	1	there	there	PRON
fsr-3655	32	2	are	be	VERB
fsr-3655	32	3	implications	implication	NOUN
fsr-3655	32	4	for	for	ADP
fsr-3655	32	5	individual	individual	ADJ
fsr-3655	32	6	and	and	CCONJ
fsr-3655	32	7	corporate	corporate	ADJ
fsr-3655	32	8	relocations	relocation	NOUN
fsr-3655	32	9	.	.	PUNCT
fsr-3655	33	1	the	the	DET
fsr-3655	33	2	return	return	NOUN
fsr-3655	33	3	and	and	CCONJ
fsr-3655	33	4	risk	risk	NOUN
fsr-3655	33	5	in	in	ADP
fsr-3655	33	6	residential	residential	ADJ
fsr-3655	33	7	real	real	ADJ
fsr-3655	33	8	estate	estate	NOUN
fsr-3655	33	9	is	be	AUX
fsr-3655	33	10	sufficient	sufficient	ADJ
fsr-3655	33	11	to	to	PART
fsr-3655	33	12	dominate	dominate	VERB
fsr-3655	33	13	other	other	ADJ
fsr-3655	33	14	income	income	NOUN
fsr-3655	33	15	from	from	ADP
fsr-3655	33	16	salaries	salary	NOUN
fsr-3655	33	17	.	.	PUNCT
fsr-3655	34	1	it	it	PRON
fsr-3655	34	2	is	be	AUX
fsr-3655	34	3	not	not	PART
fsr-3655	34	4	uncommon	uncommon	ADJ
fsr-3655	34	5	for	for	SCONJ
fsr-3655	34	6	households	household	NOUN
fsr-3655	34	7	to	to	PART
fsr-3655	34	8	have	have	VERB
fsr-3655	34	9	losses	loss	NOUN
fsr-3655	34	10	in	in	ADP
fsr-3655	34	11	real	real	ADJ
fsr-3655	34	12	estate	estate	NOUN
fsr-3655	34	13	markets	market	NOUN
fsr-3655	34	14	that	that	PRON
fsr-3655	34	15	exceed	exceed	VERB
fsr-3655	34	16	labor	labor	NOUN
fsr-3655	34	17	income	income	NOUN
fsr-3655	34	18	.	.	PUNCT
fsr-3655	35	1	this	this	DET
fsr-3655	35	2	paper	paper	NOUN
fsr-3655	35	3	attempts	attempt	VERB
fsr-3655	35	4	to	to	PART
fsr-3655	35	5	integrate	integrate	VERB
fsr-3655	35	6	the	the	DET
fsr-3655	35	7	behavior	behavior	NOUN
fsr-3655	35	8	of	of	ADP
fsr-3655	35	9	households	household	NOUN
fsr-3655	35	10	in	in	ADP
fsr-3655	35	11	these	these	DET
fsr-3655	35	12	two	two	NUM
fsr-3655	35	13	markets	market	NOUN
fsr-3655	35	14	.	.	PUNCT
fsr-3655	36	1	2	2	X
fsr-3655	36	2	.	.	X
fsr-3655	36	3	real	real	ADJ
fsr-3655	36	4	estate	estate	NOUN
fsr-3655	36	5	income	income	NOUN
fsr-3655	36	6	2.1	2.1	NUM
fsr-3655	36	7	,	,	PUNCT
fsr-3655	36	8	locational	locational	ADJ
fsr-3655	36	9	returns	return	NOUN
fsr-3655	36	10	the	the	DET
fsr-3655	36	11	focus	focus	NOUN
fsr-3655	36	12	is	be	AUX
fsr-3655	36	13	on	on	ADP
fsr-3655	36	14	the	the	DET
fsr-3655	36	15	two	two	NUM
fsr-3655	36	16	assets	asset	NOUN
fsr-3655	36	17	that	that	PRON
fsr-3655	36	18	most	most	ADJ
fsr-3655	36	19	individual	individual	ADJ
fsr-3655	36	20	investors	investor	NOUN
fsr-3655	36	21	hold	hold	VERB
fsr-3655	36	22	most	most	ADJ
fsr-3655	36	23	:	:	PUNCT
fsr-3655	36	24	real	real	ADJ
fsr-3655	36	25	estate	estate	NOUN
fsr-3655	36	26	and	and	CCONJ
fsr-3655	36	27	human	human	ADJ
fsr-3655	36	28	capital	capital	NOUN
fsr-3655	36	29	.	.	PUNCT
fsr-3655	37	1	these	these	DET
fsr-3655	37	2	assets	asset	NOUN
fsr-3655	37	3	do	do	AUX
fsr-3655	37	4	not	not	PART
fsr-3655	37	5	have	have	VERB
fsr-3655	37	6	the	the	DET
fsr-3655	37	7	properties	property	NOUN
fsr-3655	37	8	that	that	PRON
fsr-3655	37	9	make	make	VERB
fsr-3655	37	10	for	for	ADP
fsr-3655	37	11	elegant	elegant	ADJ
fsr-3655	37	12	results	result	NOUN
fsr-3655	37	13	in	in	ADP
fsr-3655	37	14	financial	financial	ADJ
fsr-3655	37	15	assets	asset	NOUN
fsr-3655	37	16	.	.	PUNCT
fsr-3655	38	1	diversification	diversification	NOUN
fsr-3655	38	2	in	in	ADP
fsr-3655	38	3	real	real	ADJ
fsr-3655	38	4	estate	estate	NOUN
fsr-3655	38	5	holdings	holding	NOUN
fsr-3655	38	6	and	and	CCONJ
fsr-3655	38	7	earning	earn	VERB
fsr-3655	38	8	capacity	capacity	NOUN
fsr-3655	38	9	is	be	AUX
fsr-3655	38	10	difficult	difficult	ADJ
fsr-3655	38	11	,	,	PUNCT
fsr-3655	38	12	given	give	VERB
fsr-3655	38	13	wealth	wealth	NOUN
fsr-3655	38	14	constraints	constraint	NOUN
fsr-3655	38	15	and	and	CCONJ
fsr-3655	38	16	the	the	DET
fsr-3655	38	17	inability	inability	NOUN
fsr-3655	38	18	to	to	PART
fsr-3655	38	19	separate	separate	VERB
fsr-3655	38	20	human	human	ADJ
fsr-3655	38	21	capital	capital	NOUN
fsr-3655	38	22	from	from	ADP
fsr-3655	38	23	a	a	DET
fsr-3655	38	24	person	person	NOUN
fsr-3655	38	25	.	.	PUNCT
fsr-3655	39	1	there	there	PRON
fsr-3655	39	2	are	be	VERB
fsr-3655	39	3	no	no	DET
fsr-3655	39	4	futures	future	NOUN
fsr-3655	39	5	markets	market	NOUN
fsr-3655	39	6	for	for	ADP
fsr-3655	39	7	physical	physical	ADJ
fsr-3655	39	8	real	real	ADJ
fsr-3655	39	9	estate	estate	NOUN
fsr-3655	39	10	or	or	CCONJ
fsr-3655	39	11	human	human	ADJ
fsr-3655	39	12	capital	capital	NOUN
fsr-3655	39	13	.	.	PUNCT
fsr-3655	40	1	short	short	ADJ
fsr-3655	40	2	selling	selling	NOUN
fsr-3655	40	3	to	to	PART
fsr-3655	40	4	hedge	hedge	VERB
fsr-3655	40	5	risk	risk	NOUN
fsr-3655	40	6	is	be	AUX
fsr-3655	40	7	not	not	PART
fsr-3655	40	8	possible	possible	ADJ
fsr-3655	40	9	.	.	PUNCT
fsr-3655	41	1	there	there	PRON
fsr-3655	41	2	are	be	VERB
fsr-3655	41	3	transactions	transaction	NOUN
fsr-3655	41	4	costs	cost	NOUN
fsr-3655	41	5	of	of	ADP
fsr-3655	41	6	real	real	ADJ
fsr-3655	41	7	estate	estate	NOUN
fsr-3655	41	8	income	income	NOUN
fsr-3655	41	9	and	and	CCONJ
fsr-3655	41	10	relocation	relocation	NOUN
fsr-3655	41	11	41	41	NUM
fsr-3655	41	12	changing	change	VERB
fsr-3655	41	13	either	either	CCONJ
fsr-3655	41	14	jobs	job	NOUN
fsr-3655	41	15	or	or	CCONJ
fsr-3655	41	16	houses	house	NOUN
fsr-3655	41	17	.	.	PUNCT
fsr-3655	42	1	for	for	ADP
fsr-3655	42	2	houses	house	NOUN
fsr-3655	42	3	,	,	PUNCT
fsr-3655	42	4	there	there	PRON
fsr-3655	42	5	are	be	VERB
fsr-3655	42	6	brokerage	brokerage	NOUN
fsr-3655	42	7	fees	fee	NOUN
fsr-3655	42	8	,	,	PUNCT
fsr-3655	42	9	moving	move	VERB
fsr-3655	42	10	expenses	expense	NOUN
fsr-3655	42	11	,	,	PUNCT
fsr-3655	42	12	discount	discount	NOUN
fsr-3655	42	13	points	point	NOUN
fsr-3655	42	14	,	,	PUNCT
fsr-3655	42	15	escrow	escrow	NOUN
fsr-3655	42	16	fees	fee	NOUN
fsr-3655	42	17	,	,	PUNCT
fsr-3655	42	18	and	and	CCONJ
fsr-3655	42	19	transfer	transfer	VERB
fsr-3655	42	20	taxes	taxis	NOUN
fsr-3655	42	21	.	.	PUNCT
fsr-3655	43	1	job	job	NOUN
fsr-3655	43	2	changes	change	NOUN
fsr-3655	43	3	entail	entail	VERB
fsr-3655	43	4	commuting	commuting	NOUN
fsr-3655	43	5	costs	cost	NOUN
fsr-3655	43	6	,	,	PUNCT
fsr-3655	43	7	loss	loss	NOUN
fsr-3655	43	8	or	or	CCONJ
fsr-3655	43	9	restriction	restriction	NOUN
fsr-3655	43	10	of	of	ADP
fsr-3655	43	11	pension	pension	NOUN
fsr-3655	43	12	,	,	PUNCT
fsr-3655	43	13	vesting	vesting	NOUN
fsr-3655	43	14	,	,	PUNCT
fsr-3655	43	15	employee	employee	NOUN
fsr-3655	43	16	stock	stock	NOUN
fsr-3655	43	17	ownership	ownership	NOUN
fsr-3655	43	18	and	and	CCONJ
fsr-3655	43	19	option	option	NOUN
fsr-3655	43	20	benefits	benefit	NOUN
fsr-3655	43	21	,	,	PUNCT
fsr-3655	43	22	and	and	CCONJ
fsr-3655	43	23	the	the	DET
fsr-3655	43	24	cost	cost	NOUN
fsr-3655	43	25	of	of	ADP
fsr-3655	43	26	relocation	relocation	NOUN
fsr-3655	43	27	.	.	PUNCT
fsr-3655	44	1	results	result	NOUN
fsr-3655	44	2	on	on	ADP
fsr-3655	44	3	securities	security	NOUN
fsr-3655	44	4	in	in	ADP
fsr-3655	44	5	financial	financial	ADJ
fsr-3655	44	6	markets	market	NOUN
fsr-3655	44	7	depend	depend	VERB
fsr-3655	44	8	on	on	ADP
fsr-3655	44	9	no	no	DET
fsr-3655	44	10	arbitrage	arbitrage	NOUN
fsr-3655	44	11	,	,	PUNCT
fsr-3655	44	12	continuous	continuous	ADJ
fsr-3655	44	13	trading	trading	NOUN
fsr-3655	44	14	,	,	PUNCT
fsr-3655	44	15	and	and	CCONJ
fsr-3655	44	16	the	the	DET
fsr-3655	44	17	existence	existence	NOUN
fsr-3655	44	18	of	of	ADP
fsr-3655	44	19	derivative	derivative	ADJ
fsr-3655	44	20	markets	market	NOUN
fsr-3655	44	21	to	to	PART
fsr-3655	44	22	permit	permit	VERB
fsr-3655	44	23	shifting	shift	VERB
fsr-3655	44	24	of	of	ADP
fsr-3655	44	25	risk	risk	NOUN
fsr-3655	44	26	.	.	PUNCT
fsr-3655	45	1	these	these	DET
fsr-3655	45	2	assumptions	assumption	NOUN
fsr-3655	45	3	do	do	AUX
fsr-3655	45	4	not	not	PART
fsr-3655	45	5	hold	hold	VERB
fsr-3655	45	6	in	in	ADP
fsr-3655	45	7	either	either	CCONJ
fsr-3655	45	8	real	real	ADJ
fsr-3655	45	9	estate	estate	NOUN
fsr-3655	45	10	or	or	CCONJ
fsr-3655	45	11	human	human	ADJ
fsr-3655	45	12	capital	capital	NOUN
fsr-3655	45	13	markets	market	NOUN
fsr-3655	45	14	.	.	PUNCT
fsr-3655	46	1	while	while	SCONJ
fsr-3655	46	2	the	the	DET
fsr-3655	46	3	inclusion	inclusion	NOUN
fsr-3655	46	4	of	of	ADP
fsr-3655	46	5	real	real	ADJ
fsr-3655	46	6	estate	estate	NOUN
fsr-3655	46	7	returns	return	NOUN
fsr-3655	46	8	in	in	ADP
fsr-3655	46	9	total	total	ADJ
fsr-3655	46	10	income	income	NOUN
fsr-3655	46	11	is	be	AUX
fsr-3655	46	12	relevant	relevant	ADJ
fsr-3655	46	13	for	for	ADP
fsr-3655	46	14	any	any	DET
fsr-3655	46	15	decision	decision	NOUN
fsr-3655	46	16	,	,	PUNCT
fsr-3655	46	17	the	the	DET
fsr-3655	46	18	objective	objective	NOUN
fsr-3655	46	19	is	be	AUX
fsr-3655	46	20	to	to	PART
fsr-3655	46	21	compare	compare	VERB
fsr-3655	46	22	locational	locational	ADJ
fsr-3655	46	23	choices	choice	NOUN
fsr-3655	46	24	for	for	ADP
fsr-3655	46	25	a	a	DET
fsr-3655	46	26	person	person	NOUN
fsr-3655	46	27	having	have	VERB
fsr-3655	46	28	more	more	ADJ
fsr-3655	46	29	than	than	ADP
fsr-3655	46	30	one	one	NUM
fsr-3655	46	31	job	job	NOUN
fsr-3655	46	32	offer	offer	NOUN
fsr-3655	46	33	.	.	PUNCT
fsr-3655	47	1	the	the	DET
fsr-3655	47	2	jobseeker	jobseeker	NOUN
fsr-3655	47	3	prices	price	VERB
fsr-3655	47	4	a	a	DET
fsr-3655	47	5	standardized	standardized	ADJ
fsr-3655	47	6	house	house	NOUN
fsr-3655	47	7	h	h	NOUN
fsr-3655	47	8	across	across	ADP
fsr-3655	47	9	locations	location	NOUN
fsr-3655	47	10	.	.	PUNCT
fsr-3655	48	1	the	the	DET
fsr-3655	48	2	price	price	NOUN
fsr-3655	48	3	of	of	ADP
fsr-3655	48	4	the	the	DET
fsr-3655	48	5	house	house	NOUN
fsr-3655	48	6	of	of	ADP
fsr-3655	48	7	quality	quality	NOUN
fsr-3655	48	8	hat	hat	NOUN
fsr-3655	48	9	a	a	DET
fsr-3655	48	10	given	give	VERB
fsr-3655	48	11	location	location	NOUN
fsr-3655	48	12	is	be	AUX
fsr-3655	48	13	v.	v.	ADP
fsr-3655	48	14	it	it	PRON
fsr-3655	48	15	produces	produce	VERB
fsr-3655	48	16	a	a	DET
fsr-3655	48	17	rent	rent	NOUN
fsr-3655	48	18	to	to	ADP
fsr-3655	48	19	value	value	NOUN
fsr-3655	48	20	,	,	PUNCT
fsr-3655	48	21	or	or	CCONJ
fsr-3655	48	22	income	income	NOUN
fsr-3655	48	23	capitalization	capitalization	NOUN
fsr-3655	48	24	rate	rate	NOUN
fsr-3655	48	25	of	of	ADP
fsr-3655	48	26	k.	k.	PROPN
fsr-3655	49	1	the	the	DET
fsr-3655	49	2	house	house	PROPN
fsr-3655	49	3	then	then	ADV
fsr-3655	49	4	rents	rent	VERB
fsr-3655	49	5	for	for	ADP
fsr-3655	49	6	kvdollars	kvdollar	NOUN
fsr-3655	49	7	.	.	PUNCT
fsr-3655	50	1	nonhousing	nonhouse	VERB
fsr-3655	50	2	goods	good	NOUN
fsr-3655	50	3	and	and	CCONJ
fsr-3655	50	4	services	service	NOUN
fsr-3655	50	5	have	have	VERB
fsr-3655	50	6	a	a	DET
fsr-3655	50	7	vector	vector	NOUN
fsr-3655	50	8	of	of	ADP
fsr-3655	50	9	prices	price	NOUN
fsr-3655	50	10	and	and	CCONJ
fsr-3655	50	11	quantities	quantity	NOUN
fsr-3655	50	12	q	q	NOUN
fsr-3655	50	13	and	and	CCONJ
fsr-3655	50	14	x.	x.	NOUN
fsr-3655	50	15	income	income	NOUN
fsr-3655	50	16	determination	determination	NOUN
fsr-3655	50	17	in	in	ADP
fsr-3655	50	18	real	real	ADJ
fsr-3655	50	19	estate	estate	NOUN
fsr-3655	50	20	and	and	CCONJ
fsr-3655	50	21	labor	labor	NOUN
fsr-3655	50	22	markets	market	NOUN
fsr-3655	50	23	depends	depend	VERB
fsr-3655	50	24	on	on	ADP
fsr-3655	50	25	locational	locational	ADJ
fsr-3655	50	26	features	feature	NOUN
fsr-3655	50	27	that	that	PRON
fsr-3655	50	28	are	be	AUX
fsr-3655	50	29	not	not	PART
fsr-3655	50	30	relevant	relevant	ADJ
fsr-3655	50	31	in	in	ADP
fsr-3655	50	32	financial	financial	ADJ
fsr-3655	50	33	markets	market	NOUN
fsr-3655	50	34	.	.	PUNCT
fsr-3655	51	1	the	the	DET
fsr-3655	51	2	offer	offer	NOUN
fsr-3655	51	3	of	of	ADP
fsr-3655	51	4	a	a	DET
fsr-3655	51	5	job	job	NOUN
fsr-3655	51	6	effectively	effectively	ADV
fsr-3655	51	7	comes	come	VERB
fsr-3655	51	8	with	with	ADP
fsr-3655	51	9	rights	right	NOUN
fsr-3655	51	10	to	to	PART
fsr-3655	51	11	buy	buy	VERB
fsr-3655	51	12	into	into	ADP
fsr-3655	51	13	the	the	DET
fsr-3655	51	14	local	local	ADJ
fsr-3655	51	15	real	real	ADJ
fsr-3655	51	16	estate	estate	NOUN
fsr-3655	51	17	market	market	NOUN
fsr-3655	51	18	as	as	ADP
fsr-3655	51	19	an	an	DET
fsr-3655	51	20	owner	owner	NOUN
fsr-3655	51	21	-	-	PUNCT
fsr-3655	51	22	occupier	occupier	NOUN
fsr-3655	51	23	.	.	PUNCT
fsr-3655	52	1	without	without	ADP
fsr-3655	52	2	these	these	DET
fsr-3655	52	3	rights	right	NOUN
fsr-3655	52	4	,	,	PUNCT
fsr-3655	52	5	the	the	DET
fsr-3655	52	6	individual	individual	NOUN
fsr-3655	52	7	wishing	wish	VERB
fsr-3655	52	8	to	to	PART
fsr-3655	52	9	buy	buy	VERB
fsr-3655	52	10	in	in	ADP
fsr-3655	52	11	that	that	DET
fsr-3655	52	12	location	location	NOUN
fsr-3655	52	13	must	must	AUX
fsr-3655	52	14	rely	rely	VERB
fsr-3655	52	15	on	on	ADP
fsr-3655	52	16	income	income	NOUN
fsr-3655	52	17	from	from	ADP
fsr-3655	52	18	financial	financial	ADJ
fsr-3655	52	19	assets	asset	NOUN
fsr-3655	52	20	,	,	PUNCT
fsr-3655	52	21	or	or	CCONJ
fsr-3655	52	22	become	become	VERB
fsr-3655	52	23	an	an	DET
fsr-3655	52	24	absentee	absentee	NOUN
fsr-3655	52	25	landlord	landlord	NOUN
fsr-3655	52	26	.	.	PUNCT
fsr-3655	53	1	these	these	DET
fsr-3655	53	2	alternatives	alternative	NOUN
fsr-3655	53	3	are	be	AUX
fsr-3655	53	4	limited	limit	VERB
fsr-3655	53	5	,	,	PUNCT
fsr-3655	53	6	given	give	VERB
fsr-3655	53	7	the	the	DET
fsr-3655	53	8	indivisibility	indivisibility	NOUN
fsr-3655	53	9	of	of	ADP
fsr-3655	53	10	real	real	ADJ
fsr-3655	53	11	estate	estate	NOUN
fsr-3655	53	12	purchases	purchase	NOUN
fsr-3655	53	13	.	.	PUNCT
fsr-3655	54	1	the	the	DET
fsr-3655	54	2	individual	individual	NOUN
fsr-3655	54	3	wants	want	VERB
fsr-3655	54	4	to	to	PART
fsr-3655	54	5	compare	compare	VERB
fsr-3655	54	6	a	a	DET
fsr-3655	54	7	cost	cost	NOUN
fsr-3655	54	8	of	of	ADP
fsr-3655	54	9	living	live	VERB
fsr-3655	54	10	across	across	ADP
fsr-3655	54	11	locations	location	NOUN
fsr-3655	54	12	.	.	PUNCT
fsr-3655	55	1	the	the	DET
fsr-3655	55	2	relevant	relevant	ADJ
fsr-3655	55	3	comparison	comparison	NOUN
fsr-3655	55	4	is	be	AUX
fsr-3655	55	5	on	on	ADP
fsr-3655	55	6	k	k	PROPN
fsr-3655	55	7	v	v	NOUN
fsr-3655	55	8	,	,	PUNCT
fsr-3655	55	9	rather	rather	ADV
fsr-3655	55	10	than	than	ADP
fsr-3655	55	11	k.	k.	PROPN
fsr-3655	55	12	the	the	DET
fsr-3655	55	13	index	index	NOUN
fsr-3655	55	14	k	k	PROPN
fsr-3655	55	15	v	v	NOUN
fsr-3655	55	16	can	can	AUX
fsr-3655	55	17	be	be	AUX
fsr-3655	55	18	viewed	view	VERB
fsr-3655	55	19	as	as	ADP
fsr-3655	55	20	a	a	DET
fsr-3655	55	21	hedonic	hedonic	ADJ
fsr-3655	55	22	price	price	NOUN
fsr-3655	55	23	index	index	NOUN
fsr-3655	55	24	of	of	ADP
fsr-3655	55	25	a	a	DET
fsr-3655	55	26	house	house	NOUN
fsr-3655	55	27	of	of	ADP
fsr-3655	55	28	standardized	standardized	ADJ
fsr-3655	55	29	quality	quality	NOUN
fsr-3655	55	30	h.	h.	NOUN
fsr-3655	55	31	the	the	DET
fsr-3655	55	32	direct	direct	ADJ
fsr-3655	55	33	utility	utility	NOUN
fsr-3655	55	34	function	function	VERB
fsr-3655	55	35	isp(x	isp(x	PROPN
fsr-3655	55	36	:	:	PUNCT
fsr-3655	55	37	h	h	NOUN
fsr-3655	55	38	)	)	PUNCT
fsr-3655	55	39	,	,	PUNCT
fsr-3655	55	40	increasing	increase	VERB
fsr-3655	55	41	in	in	ADP
fsr-3655	55	42	x	x	PUNCT
fsr-3655	55	43	and	and	CCONJ
fsr-3655	55	44	h	h	NOUN
fsr-3655	55	45	and	and	CCONJ
fsr-3655	55	46	strictly	strictly	ADV
fsr-3655	55	47	quasiconcave	quasiconcave	VERB
fsr-3655	55	48	.	.	PUNCT
fsr-3655	56	1	the	the	DET
fsr-3655	56	2	individual	individual	NOUN
fsr-3655	56	3	has	have	VERB
fsr-3655	56	4	a	a	DET
fsr-3655	56	5	choice	choice	NOUN
fsr-3655	56	6	over	over	ADP
fsr-3655	56	7	locations	location	NOUN
fsr-3655	56	8	,	,	PUNCT
fsr-3655	56	9	each	each	PRON
fsr-3655	56	10	offering	offer	VERB
fsr-3655	56	11	a	a	DET
fsr-3655	56	12	package	package	NOUN
fsr-3655	56	13	of	of	ADP
fsr-3655	56	14	a	a	DET
fsr-3655	56	15	job	job	NOUN
fsr-3655	56	16	and	and	CCONJ
fsr-3655	56	17	a	a	DET
fsr-3655	56	18	real	real	ADJ
fsr-3655	56	19	estate	estate	NOUN
fsr-3655	56	20	market	market	NOUN
fsr-3655	56	21	.	.	PUNCT
fsr-3655	57	1	the	the	DET
fsr-3655	57	2	indirect	indirect	ADJ
fsr-3655	57	3	utility	utility	NOUN
fsr-3655	57	4	functionfhas	functionfha	VERB
fsr-3655	57	5	level	level	NOUN
fsr-3655	57	6	f(q	f(q	PROPN
fsr-3655	57	7	,	,	PUNCT
fsr-3655	57	8	z	z	NOUN
fsr-3655	57	9	)	)	PUNCT
fsr-3655	57	10	=	=	PUNCT
fsr-3655	58	1	maxj*(x	maxj*(x	ADJ
fsr-3655	58	2	:	:	PUNCT
fsr-3655	58	3	h	h	NOUN
fsr-3655	58	4	)	)	PUNCT
fsr-3655	58	5	:	:	PUNCT
fsr-3655	58	6	kv+	kv+	PROPN
fsr-3655	58	7	q	q	PROPN
fsr-3655	59	1	xc	xc	PROPN
fsr-3655	59	2	z	z	PROPN
fsr-3655	59	3	x	x	PROPN
fsr-3655	59	4	(	(	PUNCT
fsr-3655	59	5	1	1	NUM
fsr-3655	59	6	)	)	PUNCT
fsr-3655	59	7	where	where	SCONJ
fsr-3655	59	8	denotes	denote	VERB
fsr-3655	59	9	an	an	DET
fsr-3655	59	10	inner	inner	ADJ
fsr-3655	59	11	product	product	NOUN
fsr-3655	59	12	.	.	PUNCT
fsr-3655	60	1	the	the	DET
fsr-3655	60	2	indirect	indirect	ADJ
fsr-3655	60	3	utility	utility	NOUN
fsr-3655	60	4	function	function	NOUN
fsr-3655	60	5	is	be	AUX
fsr-3655	60	6	strictly	strictly	ADV
fsr-3655	60	7	quasiconcave	quasiconcave	VERB
fsr-3655	60	8	,	,	PUNCT
fsr-3655	60	9	decreasing	decrease	VERB
fsr-3655	60	10	in	in	ADP
fsr-3655	60	11	prices	price	NOUN
fsr-3655	60	12	and	and	CCONJ
fsr-3655	60	13	rents	rent	NOUN
fsr-3655	60	14	,	,	PUNCT
fsr-3655	60	15	and	and	CCONJ
fsr-3655	60	16	increasing	increase	VERB
fsr-3655	60	17	in	in	ADP
fsr-3655	60	18	income	income	NOUN
fsr-3655	60	19	z.	z.	PROPN
fsr-3655	61	1	a	a	DET
fsr-3655	61	2	job	job	NOUN
fsr-3655	61	3	offer	offer	NOUN
fsr-3655	61	4	pays	pay	VERB
fsr-3655	61	5	a	a	DET
fsr-3655	61	6	salary	salary	NOUN
fsr-3655	61	7	y	y	PROPN
fsr-3655	61	8	and	and	CCONJ
fsr-3655	61	9	comes	come	VERB
fsr-3655	61	10	with	with	ADP
fsr-3655	61	11	a	a	DET
fsr-3655	61	12	requirement	requirement	NOUN
fsr-3655	61	13	for	for	ADP
fsr-3655	61	14	residence	residence	NOUN
fsr-3655	61	15	.	.	PUNCT
fsr-3655	62	1	the	the	DET
fsr-3655	62	2	local	local	ADJ
fsr-3655	62	3	real	real	ADJ
fsr-3655	62	4	estate	estate	NOUN
fsr-3655	62	5	market	market	NOUN
fsr-3655	62	6	has	have	VERB
fsr-3655	62	7	a	a	DET
fsr-3655	62	8	price	price	NOUN
fsr-3655	62	9	level	level	NOUN
fsr-3655	62	10	that	that	PRON
fsr-3655	62	11	permits	permit	VERB
fsr-3655	62	12	the	the	DET
fsr-3655	62	13	individual	individual	NOUN
fsr-3655	62	14	,	,	PUNCT
fsr-3655	62	15	using	use	VERB
fsr-3655	62	16	y	y	PROPN
fsr-3655	62	17	as	as	ADP
fsr-3655	62	18	the	the	DET
fsr-3655	62	19	principal	principal	ADJ
fsr-3655	62	20	source	source	NOUN
fsr-3655	62	21	of	of	ADP
fsr-3655	62	22	debt	debt	NOUN
fsr-3655	62	23	service	service	NOUN
fsr-3655	62	24	,	,	PUNCT
fsr-3655	62	25	to	to	PART
fsr-3655	62	26	purchase	purchase	VERB
fsr-3655	62	27	a	a	DET
fsr-3655	62	28	dollar	dollar	NOUN
fsr-3655	62	29	units	unit	NOUN
fsr-3655	62	30	of	of	ADP
fsr-3655	62	31	equity	equity	NOUN
fsr-3655	62	32	.	.	PUNCT
fsr-3655	63	1	in	in	ADP
fsr-3655	63	2	locations	location	NOUN
fsr-3655	63	3	with	with	ADP
fsr-3655	63	4	more	more	ADV
fsr-3655	63	5	expensive	expensive	ADJ
fsr-3655	63	6	real	real	ADJ
fsr-3655	63	7	estate	estate	NOUN
fsr-3655	63	8	,	,	PUNCT
fsr-3655	63	9	fewer	few	ADJ
fsr-3655	63	10	units	unit	NOUN
fsr-3655	63	11	of	of	ADP
fsr-3655	63	12	a	a	PRON
fsr-3655	63	13	can	can	AUX
fsr-3655	63	14	be	be	AUX
fsr-3655	63	15	purchased	purchase	VERB
fsr-3655	63	16	and	and	CCONJ
fsr-3655	63	17	serviced	service	VERB
fsr-3655	63	18	with	with	ADP
fsr-3655	63	19	a	a	DET
fsr-3655	63	20	given	give	VERB
fsr-3655	63	21	income	income	NOUN
fsr-3655	63	22	y.	y.	PROPN
fsr-3655	63	23	total	total	PROPN
fsr-3655	63	24	income	income	NOUN
fsr-3655	63	25	is	be	AUX
fsr-3655	63	26	z=(l	z=(l	NOUN
fsr-3655	63	27	t)y+g(ea	t)y+g(ea	PROPN
fsr-3655	63	28	)	)	PUNCT
fsr-3655	63	29	(	(	PUNCT
fsr-3655	63	30	2	2	X
fsr-3655	63	31	)	)	PUNCT
fsr-3655	63	32	48	48	NUM
fsr-3655	63	33	financial	financial	ADJ
fsr-3655	63	34	services	service	NOUN
fsr-3655	63	35	review	review	NOUN
fsr-3655	63	36	,	,	PUNCT
fsr-3655	63	37	l(1	l(1	PROPN
fsr-3655	63	38	)	)	PUNCT
fsr-3655	63	39	1991	1991	NUM
fsr-3655	63	40	where	where	SCONJ
fsr-3655	63	41	r	r	NOUN
fsr-3655	63	42	is	be	AUX
fsr-3655	63	43	the	the	DET
fsr-3655	63	44	tax	tax	NOUN
fsr-3655	63	45	rate	rate	NOUN
fsr-3655	63	46	in	in	ADP
fsr-3655	63	47	the	the	DET
fsr-3655	63	48	location	location	NOUN
fsr-3655	63	49	and	and	CCONJ
fsr-3655	63	50	e_4	e_4	PROPN
fsr-3655	63	51	is	be	AUX
fsr-3655	63	52	real	real	ADJ
fsr-3655	63	53	estate	estate	NOUN
fsr-3655	63	54	income	income	NOUN
fsr-3655	63	55	.	.	PUNCT
fsr-3655	64	1	the	the	DET
fsr-3655	64	2	function	function	NOUN
fsr-3655	64	3	g	g	PROPN
fsr-3655	64	4	permits	permit	VERB
fsr-3655	64	5	real	real	ADJ
fsr-3655	64	6	estate	estate	NOUN
fsr-3655	64	7	income	income	NOUN
fsr-3655	64	8	from	from	ADP
fsr-3655	64	9	being	be	AUX
fsr-3655	64	10	viewed	view	VERB
fsr-3655	64	11	as	as	ADP
fsr-3655	64	12	not	not	PART
fsr-3655	64	13	a	a	DET
fsr-3655	64	14	one	one	NUM
fsr-3655	64	15	-	-	PUNCT
fsr-3655	64	16	for	for	ADP
fsr-3655	64	17	-	-	PUNCT
fsr-3655	64	18	one	one	NUM
fsr-3655	64	19	dollar	dollar	NOUN
fsr-3655	64	20	substitute	substitute	NOUN
fsr-3655	64	21	for	for	ADP
fsr-3655	64	22	cash	cash	NOUN
fsr-3655	64	23	.	.	PUNCT
fsr-3655	65	1	if	if	SCONJ
fsr-3655	65	2	real	real	ADJ
fsr-3655	65	3	estate	estate	NOUN
fsr-3655	65	4	income	income	NOUN
fsr-3655	65	5	does	do	AUX
fsr-3655	65	6	not	not	PART
fsr-3655	65	7	enter	enter	VERB
fsr-3655	65	8	the	the	DET
fsr-3655	65	9	locational	locational	ADJ
fsr-3655	65	10	choice	choice	NOUN
fsr-3655	65	11	of	of	ADP
fsr-3655	65	12	the	the	DET
fsr-3655	65	13	individual	individual	ADJ
fsr-3655	65	14	,	,	PUNCT
fsr-3655	65	15	g(ea	g(ea	PROPN
fsr-3655	65	16	)	)	PUNCT
fsr-3655	65	17	=	=	SYM
fsr-3655	66	1	0	0	X
fsr-3655	66	2	.	.	PUNCT
fsr-3655	67	1	the	the	DET
fsr-3655	67	2	price	price	NOUN
fsr-3655	67	3	of	of	ADP
fsr-3655	67	4	real	real	ADJ
fsr-3655	67	5	estate	estate	NOUN
fsr-3655	67	6	services	service	NOUN
fsr-3655	67	7	is	be	AUX
fsr-3655	67	8	kv	kv	PROPN
fsr-3655	67	9	,	,	PUNCT
fsr-3655	67	10	adjusting	adjust	VERB
fsr-3655	67	11	for	for	ADP
fsr-3655	67	12	the	the	DET
fsr-3655	67	13	cap	cap	NOUN
fsr-3655	67	14	rate	rate	NOUN
fsr-3655	67	15	k	k	PROPN
fsr-3655	67	16	and	and	CCONJ
fsr-3655	67	17	v	v	NOUN
fsr-3655	67	18	,	,	PUNCT
fsr-3655	67	19	the	the	DET
fsr-3655	67	20	hedonic	hedonic	ADJ
fsr-3655	67	21	price	price	NOUN
fsr-3655	67	22	index	index	NOUN
fsr-3655	67	23	of	of	ADP
fsr-3655	67	24	a	a	DET
fsr-3655	67	25	house	house	NOUN
fsr-3655	67	26	.	.	PUNCT
fsr-3655	68	1	the	the	DET
fsr-3655	68	2	balance	balance	NOUN
fsr-3655	68	3	sheet	sheet	NOUN
fsr-3655	68	4	condition	condition	NOUN
fsr-3655	68	5	that	that	SCONJ
fsr-3655	68	6	assets	asset	NOUN
fsr-3655	68	7	be	be	VERB
fsr-3655	68	8	equal	equal	ADJ
fsr-3655	68	9	to	to	ADP
fsr-3655	68	10	the	the	DET
fsr-3655	68	11	sum	sum	NOUN
fsr-3655	68	12	of	of	ADP
fsr-3655	68	13	liabilities	liability	NOUN
fsr-3655	68	14	and	and	CCONJ
fsr-3655	68	15	equity	equity	NOUN
fsr-3655	68	16	is	be	AUX
fsr-3655	68	17	y	y	PROPN
fsr-3655	68	18	=	=	PRON
fsr-3655	68	19	b+a	b+a	X
fsr-3655	68	20	(	(	PUNCT
fsr-3655	68	21	3	3	NUM
fsr-3655	68	22	)	)	PUNCT
fsr-3655	68	23	where	where	SCONJ
fsr-3655	68	24	bis	bis	ADJ
fsr-3655	68	25	mortgage	mortgage	NOUN
fsr-3655	68	26	debt	debt	NOUN
fsr-3655	68	27	.	.	PUNCT
fsr-3655	69	1	the	the	DET
fsr-3655	69	2	balance	balance	NOUN
fsr-3655	69	3	sheet	sheet	NOUN
fsr-3655	69	4	condition	condition	NOUN
fsr-3655	69	5	is	be	AUX
fsr-3655	69	6	converted	convert	VERB
fsr-3655	69	7	to	to	ADP
fsr-3655	69	8	an	an	DET
fsr-3655	69	9	income	income	NOUN
fsr-3655	69	10	statement	statement	NOUN
fsr-3655	69	11	by	by	ADP
fsr-3655	69	12	multiplying	multiply	VERB
fsr-3655	69	13	the	the	DET
fsr-3655	69	14	property	property	NOUN
fsr-3655	69	15	by	by	ADP
fsr-3655	69	16	its	its	PRON
fsr-3655	69	17	total	total	ADJ
fsr-3655	69	18	return	return	NOUN
fsr-3655	69	19	,	,	PUNCT
fsr-3655	69	20	debt	debt	NOUN
fsr-3655	69	21	by	by	ADP
fsr-3655	69	22	its	its	PRON
fsr-3655	69	23	interest	interest	NOUN
fsr-3655	69	24	cost	cost	NOUN
fsr-3655	69	25	,	,	PUNCT
fsr-3655	69	26	and	and	CCONJ
fsr-3655	69	27	equity	equity	NOUN
fsr-3655	69	28	by	by	ADP
fsr-3655	69	29	its	its	PRON
fsr-3655	69	30	rate	rate	NOUN
fsr-3655	69	31	of	of	ADP
fsr-3655	69	32	return	return	NOUN
fsr-3655	69	33	.	.	PUNCT
fsr-3655	70	1	the	the	DET
fsr-3655	70	2	returns	return	NOUN
fsr-3655	70	3	,	,	PUNCT
fsr-3655	70	4	and	and	CCONJ
fsr-3655	70	5	income	income	NOUN
fsr-3655	70	6	statement	statement	NOUN
fsr-3655	70	7	,	,	PUNCT
fsr-3655	70	8	depend	depend	VERB
fsr-3655	70	9	on	on	ADP
fsr-3655	70	10	tax	tax	NOUN
fsr-3655	70	11	characteristics	characteristic	NOUN
fsr-3655	70	12	of	of	ADP
fsr-3655	70	13	the	the	DET
fsr-3655	70	14	owner	owner	NOUN
fsr-3655	70	15	.	.	PUNCT
fsr-3655	71	1	while	while	SCONJ
fsr-3655	71	2	the	the	DET
fsr-3655	71	3	balance	balance	NOUN
fsr-3655	71	4	sheets	sheet	NOUN
fsr-3655	71	5	of	of	ADP
fsr-3655	71	6	an	an	DET
fsr-3655	71	7	owner	owner	NOUN
fsr-3655	71	8	-	-	PUNCT
fsr-3655	71	9	occupier	occupier	NOUN
fsr-3655	71	10	and	and	CCONJ
fsr-3655	71	11	absentee	absentee	NOUN
fsr-3655	71	12	investor	investor	NOUN
fsr-3655	71	13	are	be	AUX
fsr-3655	71	14	identical	identical	ADJ
fsr-3655	71	15	for	for	ADP
fsr-3655	71	16	the	the	DET
fsr-3655	71	17	same	same	ADJ
fsr-3655	71	18	property	property	NOUN
fsr-3655	71	19	,	,	PUNCT
fsr-3655	71	20	their	their	PRON
fsr-3655	71	21	income	income	NOUN
fsr-3655	71	22	statements	statement	NOUN
fsr-3655	71	23	depend	depend	VERB
fsr-3655	71	24	on	on	ADP
fsr-3655	71	25	the	the	DET
fsr-3655	71	26	occupancy	occupancy	NOUN
fsr-3655	71	27	status	status	NOUN
fsr-3655	71	28	of	of	ADP
fsr-3655	71	29	the	the	DET
fsr-3655	71	30	owner	owner	NOUN
fsr-3655	71	31	.	.	PUNCT
fsr-3655	72	1	if	if	SCONJ
fsr-3655	72	2	the	the	DET
fsr-3655	72	3	property	property	NOUN
fsr-3655	72	4	is	be	AUX
fsr-3655	72	5	owned	own	VERB
fsr-3655	72	6	by	by	ADP
fsr-3655	72	7	a	a	DET
fsr-3655	72	8	landlord	landlord	NOUN
fsr-3655	72	9	,	,	PUNCT
fsr-3655	72	10	the	the	DET
fsr-3655	72	11	income	income	NOUN
fsr-3655	72	12	statement	statement	NOUN
fsr-3655	72	13	is	be	AUX
fsr-3655	72	14	ea	ea	ADJ
fsr-3655	72	15	-	-	PUNCT
fsr-3655	72	16	l-(1	l-(1	PROPN
fsr-3655	72	17	t)qb	t)qb	PROPN
fsr-3655	73	1	=	=	SYM
fsr-3655	73	2	rv+	rv+	PROPN
fsr-3655	73	3	&	&	CCONJ
fsr-3655	73	4	v	v	NOUN
fsr-3655	73	5	=	=	SYM
fsr-3655	74	1	[	[	X
fsr-3655	74	2	(	(	PUNCT
fsr-3655	74	3	i	i	PRON
fsr-3655	74	4	r)(k	r)(k	NOUN
fsr-3655	74	5	h	h	NOUN
fsr-3655	74	6	)	)	PUNCT
fsr-3655	74	7	+	+	CCONJ
fsr-3655	74	8	(	(	PUNCT
fsr-3655	74	9	1	1	NUM
fsr-3655	74	10	&	&	CCONJ
fsr-3655	74	11	)	)	PUNCT
fsr-3655	74	12	p]f’+	p]f’+	NOUN
fsr-3655	74	13	6bv	6bv	NOUN
fsr-3655	74	14	.	.	PUNCT
fsr-3655	75	1	the	the	DET
fsr-3655	75	2	return	return	NOUN
fsr-3655	75	3	on	on	ADP
fsr-3655	75	4	equity	equity	NOUN
fsr-3655	75	5	plus	plus	CCONJ
fsr-3655	75	6	debt	debt	NOUN
fsr-3655	75	7	service	service	NOUN
fsr-3655	75	8	cost	cost	NOUN
fsr-3655	75	9	is	be	AUX
fsr-3655	75	10	equal	equal	ADJ
fsr-3655	75	11	to	to	ADP
fsr-3655	75	12	revenue	revenue	NOUN
fsr-3655	75	13	.	.	PUNCT
fsr-3655	76	1	mortgage	mortgage	NOUN
fsr-3655	76	2	debt	debt	NOUN
fsr-3655	76	3	is	be	AUX
fsr-3655	76	4	at	at	ADP
fsr-3655	76	5	interest	interest	NOUN
fsr-3655	76	6	rate	rate	NOUN
fsr-3655	77	1	[	[	X
fsr-3655	77	2	y	y	NOUN
fsr-3655	77	3	,	,	PUNCT
fsr-3655	77	4	and	and	CCONJ
fsr-3655	77	5	deductible	deductible	ADJ
fsr-3655	77	6	as	as	ADP
fsr-3655	77	7	a	a	DET
fsr-3655	77	8	business	business	NOUN
fsr-3655	77	9	expense	expense	NOUN
fsr-3655	77	10	.	.	PUNCT
fsr-3655	78	1	the	the	DET
fsr-3655	78	2	after	after	ADP
fsr-3655	78	3	tax	tax	NOUN
fsr-3655	78	4	cost	cost	NOUN
fsr-3655	78	5	per	per	ADP
fsr-3655	78	6	-	-	PUNCT
fsr-3655	78	7	dollar	dollar	NOUN
fsr-3655	78	8	of	of	ADP
fsr-3655	78	9	debt	debt	NOUN
fsr-3655	78	10	is	be	AUX
fsr-3655	78	11	(	(	PUNCT
fsr-3655	78	12	1	1	NUM
fsr-3655	78	13	r)o	r)o	NOUN
fsr-3655	78	14	.	.	PUNCT
fsr-3655	79	1	the	the	DET
fsr-3655	79	2	effective	effective	ADJ
fsr-3655	79	3	depreciation	depreciation	NOUN
fsr-3655	79	4	rate	rate	NOUN
fsr-3655	79	5	6	6	NUM
fsr-3655	79	6	is	be	AUX
fsr-3655	79	7	a	a	DET
fsr-3655	79	8	transform	transform	NOUN
fsr-3655	79	9	of	of	ADP
fsr-3655	79	10	6	6	NUM
fsr-3655	79	11	,	,	PUNCT
fsr-3655	79	12	the	the	DET
fsr-3655	79	13	inverse	inverse	NOUN
fsr-3655	79	14	of	of	ADP
fsr-3655	79	15	the	the	DET
fsr-3655	79	16	permitted	permit	VERB
fsr-3655	79	17	useful	useful	ADJ
fsr-3655	79	18	life	life	NOUN
fsr-3655	79	19	,	,	PUNCT
fsr-3655	79	20	measured	measure	VERB
fsr-3655	79	21	net	net	NOUN
fsr-3655	79	22	of	of	ADP
fsr-3655	79	23	expected	expect	VERB
fsr-3655	79	24	costs	cost	NOUN
fsr-3655	79	25	of	of	ADP
fsr-3655	79	26	recapture	recapture	NOUN
fsr-3655	79	27	on	on	ADP
fsr-3655	79	28	disposition.3	disposition.3	PROPN
fsr-3655	79	29	the	the	DET
fsr-3655	79	30	landlord	landlord	PROPN
fsr-3655	79	31	return	return	NOUN
fsr-3655	79	32	on	on	ADP
fsr-3655	79	33	equity	equity	NOUN
fsr-3655	79	34	r	r	NOUN
fsr-3655	79	35	is	be	AUX
fsr-3655	79	36	r	r	NOUN
fsr-3655	79	37	=	=	PUNCT
fsr-3655	79	38	(	(	PUNCT
fsr-3655	79	39	1	1	NUM
fsr-3655	79	40	$	$	SYM
fsr-3655	79	41	(	(	PUNCT
fsr-3655	79	42	k	k	NOUN
fsr-3655	79	43	h	h	NOUN
fsr-3655	79	44	)	)	PUNCT
fsr-3655	80	1	+	+	CCONJ
fsr-3655	80	2	(	(	PUNCT
fsr-3655	80	3	1	1	NUM
fsr-3655	80	4	8r)p	8r)p	NUM
fsr-3655	80	5	where	where	SCONJ
fsr-3655	80	6	&	&	CCONJ
fsr-3655	80	7	[	[	X
fsr-3655	80	8	o	o	X
fsr-3655	80	9	,	,	PUNCT
fsr-3655	80	10	l	l	NOUN
fsr-3655	80	11	]	]	X
fsr-3655	80	12	is	be	AUX
fsr-3655	80	13	an	an	DET
fsr-3655	80	14	adjustment	adjustment	NOUN
fsr-3655	80	15	if	if	SCONJ
fsr-3655	80	16	capital	capital	NOUN
fsr-3655	80	17	gains	gain	NOUN
fsr-3655	80	18	are	be	AUX
fsr-3655	80	19	taxed	tax	VERB
fsr-3655	80	20	at	at	ADP
fsr-3655	80	21	a	a	DET
fsr-3655	80	22	preferred	preferred	ADJ
fsr-3655	80	23	rate	rate	NOUN
fsr-3655	80	24	.	.	PUNCT
fsr-3655	81	1	if	if	SCONJ
fsr-3655	81	2	capital	capital	NOUN
fsr-3655	81	3	gains	gain	NOUN
fsr-3655	81	4	are	be	AUX
fsr-3655	81	5	taxed	tax	VERB
fsr-3655	81	6	on	on	ADP
fsr-3655	81	7	accrual	accrual	ADJ
fsr-3655	81	8	as	as	ADP
fsr-3655	81	9	ordinary	ordinary	ADJ
fsr-3655	81	10	income	income	NOUN
fsr-3655	81	11	,	,	PUNCT
fsr-3655	81	12	8	8	NUM
fsr-3655	81	13	=	=	SYM
fsr-3655	81	14	i.	i.	NOUN
fsr-3655	81	15	if	if	SCONJ
fsr-3655	81	16	capital	capital	NOUN
fsr-3655	81	17	gains	gain	NOUN
fsr-3655	81	18	taxation	taxation	NOUN
fsr-3655	81	19	is	be	AUX
fsr-3655	81	20	deferrable	deferrable	ADJ
fsr-3655	81	21	indefinitely	indefinitely	ADV
fsr-3655	81	22	,	,	PUNCT
fsr-3655	81	23	or	or	CCONJ
fsr-3655	81	24	gains	gain	NOUN
fsr-3655	81	25	can	can	AUX
fsr-3655	81	26	be	be	AUX
fsr-3655	81	27	rolled	roll	VERB
fsr-3655	81	28	out	out	ADP
fsr-3655	81	29	,	,	PUNCT
fsr-3655	81	30	6	6	NUM
fsr-3655	81	31	=	=	SYM
fsr-3655	81	32	0.4	0.4	NUM
fsr-3655	81	33	the	the	DET
fsr-3655	81	34	investor	investor	NOUN
fsr-3655	81	35	return	return	NOUN
fsr-3655	81	36	to	to	ADP
fsr-3655	81	37	real	real	ADJ
fsr-3655	81	38	estate	estate	NOUN
fsr-3655	81	39	is	be	AUX
fsr-3655	81	40	the	the	DET
fsr-3655	81	41	sum	sum	NOUN
fsr-3655	81	42	of	of	ADP
fsr-3655	81	43	the	the	DET
fsr-3655	81	44	rate	rate	NOUN
fsr-3655	81	45	of	of	ADP
fsr-3655	81	46	accrued	accrue	VERB
fsr-3655	81	47	capital	capital	NOUN
fsr-3655	81	48	gains	gain	NOUN
fsr-3655	81	49	p	p	NOUN
fsr-3655	81	50	and	and	CCONJ
fsr-3655	81	51	the	the	DET
fsr-3655	81	52	rental	rental	ADJ
fsr-3655	81	53	dividend	dividend	NOUN
fsr-3655	81	54	or	or	CCONJ
fsr-3655	81	55	income	income	NOUN
fsr-3655	81	56	capitalization	capitalization	NOUN
fsr-3655	81	57	rate	rate	NOUN
fsr-3655	81	58	.	.	PUNCT
fsr-3655	82	1	this	this	DET
fsr-3655	82	2	capitalization	capitalization	NOUN
fsr-3655	82	3	rate	rate	NOUN
fsr-3655	82	4	is	be	AUX
fsr-3655	82	5	k	k	NOUN
fsr-3655	82	6	,	,	PUNCT
fsr-3655	82	7	net	net	NOUN
fsr-3655	82	8	of	of	ADP
fsr-3655	82	9	operating	operating	NOUN
fsr-3655	82	10	expenses	expense	NOUN
fsr-3655	82	11	except	except	SCONJ
fsr-3655	82	12	for	for	ADP
fsr-3655	82	13	property	property	NOUN
fsr-3655	82	14	taxes	taxis	NOUN
fsr-3655	82	15	at	at	ADP
fsr-3655	82	16	rate	rate	NOUN
fsr-3655	82	17	x.	x.	NOUN
fsr-3655	83	1	the	the	DET
fsr-3655	83	2	pretax	pretax	ADJ
fsr-3655	83	3	total	total	ADJ
fsr-3655	83	4	return	return	NOUN
fsr-3655	83	5	on	on	ADP
fsr-3655	83	6	the	the	DET
fsr-3655	83	7	real	real	ADJ
fsr-3655	83	8	estate	estate	NOUN
fsr-3655	83	9	asset	asset	NOUN
fsr-3655	83	10	isp	isp	ADV
fsr-3655	83	11	-ik	-ik	ADP
fsr-3655	83	12	a.	a.	NOUN
fsr-3655	83	13	the	the	DET
fsr-3655	83	14	return	return	NOUN
fsr-3655	83	15	on	on	ADP
fsr-3655	83	16	assets	asset	NOUN
fsr-3655	83	17	for	for	ADP
fsr-3655	83	18	a	a	DET
fsr-3655	83	19	landlord	landlord	NOUN
fsr-3655	83	20	is	be	AUX
fsr-3655	83	21	e=	e=	NOUN
fsr-3655	83	22	(	(	PUNCT
fsr-3655	83	23	1	1	NUM
fsr-3655	83	24	7.)(k	7.)(k	NUM
fsr-3655	83	25	h	h	NOUN
fsr-3655	83	26	av	av	PUNCT
fsr-3655	83	27	)	)	PUNCT
fsr-3655	84	1	+	+	CCONJ
fsr-3655	84	2	(	(	PUNCT
fsr-3655	84	3	i	i	PRON
fsr-3655	84	4	&	&	CCONJ
fsr-3655	84	5	)	)	PUNCT
fsr-3655	85	1	p	p	NOUN
fsr-3655	86	1	+	+	NUM
fsr-3655	86	2	tc%	tc%	PROPN
fsr-3655	87	1	i	i	PROPN
fsr-3655	87	2	--	--	PUNCT
fsr-3655	87	3	v	v	NOUN
fsr-3655	87	4	k	k	NOUN
fsr-3655	87	5	-	-	PUNCT
fsr-3655	87	6	u	u	NOUN
fsr-3655	87	7	_	_	PUNCT
fsr-3655	87	8	l	l	NOUN
fsr-3655	87	9	-	-	PUNCT
fsr-3655	87	10	v	v	ADJ
fsr-3655	87	11	real	real	ADJ
fsr-3655	87	12	estate	estate	NOUN
fsr-3655	87	13	income	income	NOUN
fsr-3655	87	14	and	and	CCONJ
fsr-3655	87	15	relocation	relocation	NOUN
fsr-3655	87	16	49	49	NUM
fsr-3655	87	17	where	where	SCONJ
fsr-3655	87	18	v	v	NOUN
fsr-3655	87	19	g	g	PROPN
fsr-3655	87	20	b/	b/	NOUN
fsr-3655	87	21	v	v	NOUN
fsr-3655	87	22	is	be	AUX
fsr-3655	87	23	the	the	DET
fsr-3655	87	24	leverage	leverage	NOUN
fsr-3655	87	25	,	,	PUNCT
fsr-3655	87	26	or	or	CCONJ
fsr-3655	87	27	loan	loan	NOUN
fsr-3655	87	28	to	to	ADP
fsr-3655	87	29	value	value	NOUN
fsr-3655	87	30	ratio	ratio	NOUN
fsr-3655	87	31	.	.	PUNCT
fsr-3655	88	1	the	the	DET
fsr-3655	88	2	rate	rate	NOUN
fsr-3655	88	3	of	of	ADP
fsr-3655	88	4	return	return	NOUN
fsr-3655	88	5	is	be	AUX
fsr-3655	88	6	the	the	DET
fsr-3655	88	7	leveraged	leverage	VERB
fsr-3655	88	8	difference	difference	NOUN
fsr-3655	88	9	between	between	ADP
fsr-3655	88	10	the	the	DET
fsr-3655	88	11	income	income	NOUN
fsr-3655	88	12	capitalization	capitalization	NOUN
fsr-3655	88	13	rate	rate	NOUN
fsr-3655	88	14	k	k	PROPN
fsr-3655	88	15	and	and	CCONJ
fsr-3655	88	16	the	the	DET
fsr-3655	88	17	user	user	NOUN
fsr-3655	88	18	cost	cost	NOUN
fsr-3655	88	19	of	of	ADP
fsr-3655	88	20	real	real	ADJ
fsr-3655	88	21	estate	estate	NOUN
fsr-3655	88	22	services	service	NOUN
fsr-3655	88	23	.	.	PUNCT
fsr-3655	89	1	this	this	DET
fsr-3655	89	2	user	user	NOUN
fsr-3655	89	3	cost	cost	NOUN
fsr-3655	89	4	is	be	AUX
fsr-3655	89	5	u	u	NOUN
fsr-3655	89	6	=	=	PUNCT
fsr-3655	89	7	(	(	PUNCT
fsr-3655	89	8	1	1	NUM
fsr-3655	89	9	~)(h	~)(h	NUM
fsr-3655	89	10	+	+	CCONJ
fsr-3655	89	11	(	(	PUNCT
fsr-3655	89	12	uv	uv	NOUN
fsr-3655	89	13	)	)	PUNCT
fsr-3655	89	14	+	+	NUM
fsr-3655	89	15	t(k	t(k	NOUN
fsr-3655	89	16	6b	6b	NUM
fsr-3655	89	17	)	)	PUNCT
fsr-3655	89	18	(	(	PUNCT
fsr-3655	89	19	1	1	NUM
fsr-3655	89	20	f3~)p	f3~)p	ADJ
fsr-3655	89	21	(	(	PUNCT
fsr-3655	89	22	4	4	X
fsr-3655	89	23	)	)	PUNCT
fsr-3655	89	24	the	the	DET
fsr-3655	89	25	net	net	ADJ
fsr-3655	89	26	expense	expense	NOUN
fsr-3655	89	27	per	per	ADP
fsr-3655	89	28	dollar	dollar	NOUN
fsr-3655	89	29	of	of	ADP
fsr-3655	89	30	property	property	NOUN
fsr-3655	89	31	value	value	NOUN
fsr-3655	89	32	.	.	PUNCT
fsr-3655	90	1	the	the	DET
fsr-3655	90	2	net	net	ADJ
fsr-3655	90	3	expense	expense	NOUN
fsr-3655	90	4	is	be	AUX
fsr-3655	90	5	the	the	DET
fsr-3655	90	6	cost	cost	NOUN
fsr-3655	90	7	of	of	ADP
fsr-3655	90	8	property	property	NOUN
fsr-3655	90	9	taxes	taxis	NOUN
fsr-3655	90	10	and	and	CCONJ
fsr-3655	90	11	interest	interest	NOUN
fsr-3655	90	12	(	(	PUNCT
fsr-3655	90	13	1	1	NUM
fsr-3655	90	14	t)(a	t)(a	NUM
fsr-3655	90	15	+	+	CCONJ
fsr-3655	90	16	cyv	cyv	NOUN
fsr-3655	90	17	)	)	PUNCT
fsr-3655	90	18	,	,	PUNCT
fsr-3655	90	19	plus	plus	CCONJ
fsr-3655	90	20	income	income	NOUN
fsr-3655	90	21	tax	tax	NOUN
fsr-3655	90	22	t(k	t(k	PROPN
fsr-3655	90	23	66	66	NUM
fsr-3655	90	24	)	)	PUNCT
fsr-3655	90	25	,	,	PUNCT
fsr-3655	90	26	less	less	ADJ
fsr-3655	90	27	net	net	ADJ
fsr-3655	90	28	capital	capital	NOUN
fsr-3655	90	29	gains	gain	NOUN
fsr-3655	90	30	(	(	PUNCT
fsr-3655	90	31	1	1	NUM
fsr-3655	90	32	f3~)p.~	f3~)p.~	PROPN
fsr-3655	90	33	this	this	DET
fsr-3655	90	34	rate	rate	NOUN
fsr-3655	90	35	of	of	ADP
fsr-3655	90	36	return	return	NOUN
fsr-3655	90	37	e	e	NOUN
fsr-3655	90	38	,	,	PUNCT
fsr-3655	90	39	producing	produce	VERB
fsr-3655	90	40	real	real	ADJ
fsr-3655	90	41	estate	estate	NOUN
fsr-3655	90	42	income	income	NOUN
fsr-3655	90	43	ea	ea	NOUN
fsr-3655	91	1	=	=	SYM
fsr-3655	92	1	(	(	PUNCT
fsr-3655	92	2	k	k	X
fsr-3655	92	3	u	u	NOUN
fsr-3655	92	4	)	)	PUNCT
fsr-3655	92	5	v	v	NOUN
fsr-3655	92	6	,	,	PUNCT
fsr-3655	92	7	is	be	AUX
fsr-3655	92	8	comparable	comparable	ADJ
fsr-3655	92	9	with	with	ADP
fsr-3655	92	10	those	those	PRON
fsr-3655	92	11	on	on	ADP
fsr-3655	92	12	other	other	ADJ
fsr-3655	92	13	assets	asset	NOUN
fsr-3655	92	14	and	and	CCONJ
fsr-3655	92	15	investments	investment	NOUN
fsr-3655	92	16	.	.	PUNCT
fsr-3655	93	1	the	the	DET
fsr-3655	93	2	investor	investor	NOUN
fsr-3655	93	3	is	be	AUX
fsr-3655	93	4	not	not	PART
fsr-3655	93	5	required	require	VERB
fsr-3655	93	6	to	to	PART
fsr-3655	93	7	reside	reside	VERB
fsr-3655	93	8	in	in	ADP
fsr-3655	93	9	any	any	DET
fsr-3655	93	10	location	location	NOUN
fsr-3655	93	11	to	to	PART
fsr-3655	93	12	receive	receive	VERB
fsr-3655	93	13	this	this	DET
fsr-3655	93	14	return	return	NOUN
fsr-3655	93	15	.	.	PUNCT
fsr-3655	94	1	real	real	ADJ
fsr-3655	94	2	estate	estate	NOUN
fsr-3655	94	3	provides	provide	VERB
fsr-3655	94	4	additional	additional	ADJ
fsr-3655	94	5	returns	return	NOUN
fsr-3655	94	6	that	that	PRON
fsr-3655	94	7	are	be	AUX
fsr-3655	94	8	specific	specific	ADJ
fsr-3655	94	9	to	to	ADP
fsr-3655	94	10	a	a	DET
fsr-3655	94	11	location	location	NOUN
fsr-3655	94	12	,	,	PUNCT
fsr-3655	94	13	through	through	ADP
fsr-3655	94	14	the	the	DET
fsr-3655	94	15	subsidies	subsidy	NOUN
fsr-3655	94	16	provided	provide	VERB
fsr-3655	94	17	for	for	ADP
fsr-3655	94	18	owner	owner	NOUN
fsr-3655	94	19	-	-	PUNCT
fsr-3655	94	20	occupancy	occupancy	NOUN
fsr-3655	94	21	.	.	PUNCT
fsr-3655	95	1	if	if	SCONJ
fsr-3655	95	2	the	the	DET
fsr-3655	95	3	property	property	NOUN
fsr-3655	95	4	is	be	AUX
fsr-3655	95	5	owned	own	VERB
fsr-3655	95	6	by	by	ADP
fsr-3655	95	7	an	an	DET
fsr-3655	95	8	owner	owner	NOUN
fsr-3655	95	9	-	-	PUNCT
fsr-3655	95	10	occupant	occupant	NOUN
fsr-3655	95	11	,	,	PUNCT
fsr-3655	95	12	the	the	DET
fsr-3655	95	13	balance	balance	NOUN
fsr-3655	95	14	sheet	sheet	NOUN
fsr-3655	95	15	remains	remain	VERB
fsr-3655	95	16	v	v	ADP
fsr-3655	95	17	=	=	PUNCT
fsr-3655	95	18	a	a	DET
fsr-3655	95	19	•lb	•lb	NOUN
fsr-3655	95	20	.	.	PUNCT
fsr-3655	96	1	by	by	ADP
fsr-3655	96	2	comparison	comparison	NOUN
fsr-3655	96	3	with	with	ADP
fsr-3655	96	4	a	a	DET
fsr-3655	96	5	landlord	landlord	NOUN
fsr-3655	96	6	,	,	PUNCT
fsr-3655	96	7	the	the	DET
fsr-3655	96	8	income	income	NOUN
fsr-3655	96	9	statement	statement	NOUN
fsr-3655	96	10	differs	differ	VERB
fsr-3655	96	11	,	,	PUNCT
fsr-3655	96	12	depending	depend	VERB
fsr-3655	96	13	on	on	ADP
fsr-3655	96	14	preferential	preferential	ADJ
fsr-3655	96	15	fiscal	fiscal	ADJ
fsr-3655	96	16	treatment	treatment	NOUN
fsr-3655	96	17	.	.	PUNCT
fsr-3655	97	1	the	the	DET
fsr-3655	97	2	income	income	NOUN
fsr-3655	97	3	statement	statement	NOUN
fsr-3655	97	4	is	be	AUX
fsr-3655	97	5	where	where	SCONJ
fsr-3655	97	6	0	0	NUM
fsr-3655	97	7	subscripts	subscript	NOUN
fsr-3655	97	8	apply	apply	VERB
fsr-3655	97	9	to	to	ADP
fsr-3655	97	10	the	the	DET
fsr-3655	97	11	owner	owner	NOUN
fsr-3655	97	12	-	-	PUNCT
fsr-3655	97	13	occupier	occupier	NOUN
fsr-3655	97	14	.	.	PUNCT
fsr-3655	98	1	the	the	DET
fsr-3655	98	2	return	return	NOUN
fsr-3655	98	3	on	on	ADP
fsr-3655	98	4	equity	equity	NOUN
fsr-3655	98	5	is	be	AUX
fsr-3655	98	6	e	e	NOUN
fsr-3655	98	7	,	,	PUNCT
fsr-3655	98	8	=	=	PUNCT
fsr-3655	98	9	k+g-(1	k+g-(1	NOUN
fsr-3655	98	10	-	-	NOUN
fsr-3655	98	11	t)(h+av	t)(h+av	NOUN
fsr-3655	98	12	)	)	PUNCT
fsr-3655	99	1	=	=	SYM
fsr-3655	100	1	k	k	NOUN
fsr-3655	100	2	-	-	PUNCT
fsr-3655	100	3	u	u	NOUN
fsr-3655	100	4	,	,	PUNCT
fsr-3655	100	5	.	.	PUNCT
fsr-3655	101	1	(	(	PUNCT
fsr-3655	101	2	5	5	X
fsr-3655	101	3	)	)	PUNCT
fsr-3655	101	4	l	l	NOUN
fsr-3655	101	5	-	-	NOUN
fsr-3655	101	6	v	v	NOUN
fsr-3655	101	7	l	l	NOUN
fsr-3655	101	8	-	-	NOUN
fsr-3655	101	9	v	v	VERB
fsr-3655	101	10	the	the	DET
fsr-3655	101	11	rate	rate	NOUN
fsr-3655	101	12	of	of	ADP
fsr-3655	101	13	return	return	NOUN
fsr-3655	101	14	is	be	AUX
fsr-3655	101	15	the	the	DET
fsr-3655	101	16	leveraged	leverage	VERB
fsr-3655	101	17	difference	difference	NOUN
fsr-3655	101	18	between	between	ADP
fsr-3655	101	19	the	the	DET
fsr-3655	101	20	rent	rent	NOUN
fsr-3655	101	21	and	and	CCONJ
fsr-3655	101	22	expenses	expense	NOUN
fsr-3655	101	23	.	.	PUNCT
fsr-3655	102	1	the	the	DET
fsr-3655	102	2	return	return	NOUN
fsr-3655	102	3	on	on	ADP
fsr-3655	102	4	assets	asset	NOUN
fsr-3655	102	5	is	be	AUX
fsr-3655	102	6	the	the	DET
fsr-3655	102	7	sum	sum	NOUN
fsr-3655	102	8	of	of	ADP
fsr-3655	102	9	the	the	DET
fsr-3655	102	10	income	income	NOUN
fsr-3655	102	11	capitalization	capitalization	NOUN
fsr-3655	102	12	rate	rate	NOUN
fsr-3655	102	13	and	and	CCONJ
fsr-3655	102	14	capital	capital	NOUN
fsr-3655	102	15	gains	gain	NOUN
fsr-3655	102	16	,	,	PUNCT
fsr-3655	102	17	less	less	ADJ
fsr-3655	102	18	property	property	NOUN
fsr-3655	102	19	taxes	taxis	NOUN
fsr-3655	102	20	,	,	PUNCT
fsr-3655	102	21	or	or	CCONJ
fsr-3655	102	22	r,=k+p-(1	r,=k+p-(1	NOUN
fsr-3655	102	23	-	-	NOUN
fsr-3655	102	24	t)h	t)h	NOUN
fsr-3655	102	25	(	(	PUNCT
fsr-3655	102	26	6	6	NUM
fsr-3655	102	27	)	)	PUNCT
fsr-3655	102	28	since	since	SCONJ
fsr-3655	102	29	imputed	impute	VERB
fsr-3655	102	30	rent	rent	NOUN
fsr-3655	102	31	in	in	ADP
fsr-3655	102	32	the	the	DET
fsr-3655	102	33	income	income	NOUN
fsr-3655	102	34	capitalization	capitalization	NOUN
fsr-3655	102	35	rate	rate	NOUN
fsr-3655	102	36	k	k	PROPN
fsr-3655	102	37	is	be	AUX
fsr-3655	102	38	not	not	PART
fsr-3655	102	39	taxed	tax	VERB
fsr-3655	102	40	.	.	PUNCT
fsr-3655	103	1	for	for	ADP
fsr-3655	103	2	owner	owner	NOUN
fsr-3655	103	3	occupiers	occupier	NOUN
fsr-3655	103	4	,	,	PUNCT
fsr-3655	103	5	8	8	NUM
fsr-3655	103	6	is	be	AUX
fsr-3655	103	7	virtually	virtually	ADV
fsr-3655	103	8	zero	zero	NUM
fsr-3655	103	9	.	.	PUNCT
fsr-3655	104	1	property	property	NOUN
fsr-3655	104	2	taxes	taxis	NOUN
fsr-3655	104	3	are	be	AUX
fsr-3655	104	4	deductible	deductible	ADJ
fsr-3655	104	5	against	against	ADP
fsr-3655	104	6	any	any	DET
fsr-3655	104	7	income	income	NOUN
fsr-3655	104	8	,	,	PUNCT
fsr-3655	104	9	and	and	CCONJ
fsr-3655	104	10	no	no	DET
fsr-3655	104	11	tax	tax	NOUN
fsr-3655	104	12	depreciation	depreciation	NOUN
fsr-3655	104	13	is	be	AUX
fsr-3655	104	14	permitted.6	permitted.6	PROPN
fsr-3655	104	15	accrued	accrue	VERB
fsr-3655	104	16	capital	capital	NOUN
fsr-3655	104	17	gains	gain	NOUN
fsr-3655	104	18	can	can	AUX
fsr-3655	104	19	be	be	AUX
fsr-3655	104	20	rolled	roll	VERB
fsr-3655	104	21	over	over	ADP
fsr-3655	104	22	and	and	CCONJ
fsr-3655	104	23	rolled	roll	VERB
fsr-3655	104	24	out	out	ADP
fsr-3655	104	25	,	,	PUNCT
fsr-3655	104	26	to	to	ADP
fsr-3655	104	27	a	a	DET
fsr-3655	104	28	limit	limit	NOUN
fsr-3655	104	29	,	,	PUNCT
fsr-3655	104	30	provided	provide	VERB
fsr-3655	104	31	the	the	DET
fsr-3655	104	32	owner	owner	NOUN
fsr-3655	104	33	is	be	AUX
fsr-3655	104	34	of	of	ADP
fsr-3655	104	35	a	a	DET
fsr-3655	104	36	certain	certain	ADJ
fsr-3655	104	37	age	age	NOUN
fsr-3655	104	38	.	.	PUNCT
fsr-3655	105	1	the	the	DET
fsr-3655	105	2	tax	tax	NOUN
fsr-3655	105	3	preferences	preference	NOUN
fsr-3655	105	4	on	on	ADP
fsr-3655	105	5	capital	capital	NOUN
fsr-3655	105	6	gains	gain	NOUN
fsr-3655	105	7	and	and	CCONJ
fsr-3655	105	8	the	the	DET
fsr-3655	105	9	interest	interest	NOUN
fsr-3655	105	10	deduction	deduction	NOUN
fsr-3655	105	11	entail	entail	VERB
fsr-3655	105	12	a	a	DET
fsr-3655	105	13	designation	designation	NOUN
fsr-3655	105	14	of	of	ADP
fsr-3655	105	15	a	a	DET
fsr-3655	105	16	principal	principal	ADJ
fsr-3655	105	17	residence	residence	NOUN
fsr-3655	105	18	.	.	PUNCT
fsr-3655	106	1	the	the	DET
fsr-3655	106	2	owner	owner	NOUN
fsr-3655	106	3	must	must	AUX
fsr-3655	106	4	reside	reside	VERB
fsr-3655	106	5	in	in	ADP
fsr-3655	106	6	this	this	DET
fsr-3655	106	7	principal	principal	ADJ
fsr-3655	106	8	residence	residence	NOUN
fsr-3655	106	9	to	to	PART
fsr-3655	106	10	claim	claim	VERB
fsr-3655	106	11	preferred	preferred	ADJ
fsr-3655	106	12	status	status	NOUN
fsr-3655	106	13	for	for	ADP
fsr-3655	106	14	capital	capital	NOUN
fsr-3655	106	15	gains	gain	NOUN
fsr-3655	106	16	,	,	PUNCT
fsr-3655	106	17	as	as	SCONJ
fsr-3655	106	18	george	george	PROPN
fsr-3655	106	19	bush	bush	PROPN
fsr-3655	106	20	discovered.7	discovered.7	VERB
fsr-3655	106	21	the	the	DET
fsr-3655	106	22	user	user	NOUN
fsr-3655	106	23	cost	cost	NOUN
fsr-3655	106	24	of	of	ADP
fsr-3655	106	25	real	real	ADJ
fsr-3655	106	26	estate	estate	NOUN
fsr-3655	106	27	services	service	NOUN
fsr-3655	106	28	for	for	ADP
fsr-3655	106	29	an	an	DET
fsr-3655	106	30	owner	owner	NOUN
fsr-3655	106	31	-	-	PUNCT
fsr-3655	106	32	occupier	occupier	NOUN
fsr-3655	106	33	is	be	AUX
fsr-3655	106	34	i.+	i.+	NOUN
fsr-3655	106	35	=	=	SYM
fsr-3655	106	36	(	(	PUNCT
fsr-3655	106	37	1	1	NUM
fsr-3655	106	38	~)(h	~)(h	NUM
fsr-3655	106	39	+	+	CCONJ
fsr-3655	106	40	av	av	X
fsr-3655	106	41	)	)	PUNCT
fsr-3655	106	42	p.	p.	NOUN
fsr-3655	106	43	(	(	PUNCT
fsr-3655	106	44	7	7	X
fsr-3655	106	45	)	)	PUNCT
fsr-3655	106	46	the	the	DET
fsr-3655	106	47	difference	difference	NOUN
fsr-3655	106	48	between	between	ADP
fsr-3655	106	49	the	the	DET
fsr-3655	106	50	user	user	NOUN
fsr-3655	106	51	costs	cost	VERB
fsr-3655	106	52	for	for	ADP
fsr-3655	106	53	a	a	DET
fsr-3655	106	54	landlord	landlord	NOUN
fsr-3655	106	55	and	and	CCONJ
fsr-3655	106	56	an	an	DET
fsr-3655	106	57	owner	owner	NOUN
fsr-3655	106	58	-	-	PUNCT
fsr-3655	106	59	occupier	occupier	NOUN
fsr-3655	106	60	is	be	AUX
fsr-3655	106	61	a	a	DET
fsr-3655	106	62	premium	premium	ADJ
fsr-3655	106	63	financial	financial	ADJ
fsr-3655	106	64	services	service	NOUN
fsr-3655	106	65	review	review	NOUN
fsr-3655	106	66	,	,	PUNCT
fsr-3655	106	67	l(1	l(1	PROPN
fsr-3655	106	68	)	)	PUNCT
fsr-3655	106	69	1991	1991	NUM
fsr-3655	106	70	c	c	X
fsr-3655	106	71	=	=	SYM
fsr-3655	106	72	u	u	NOUN
fsr-3655	106	73	-	-	NOUN
fsr-3655	106	74	u,=r(k+8	u,=r(k+8	ADJ
fsr-3655	106	75	-	-	PUNCT
fsr-3655	106	76	-sb	-sb	NOUN
fsr-3655	106	77	)	)	PUNCT
fsr-3655	106	78	.	.	PUNCT
fsr-3655	107	1	(	(	PUNCT
fsr-3655	107	2	8)	8)	NUM
fsr-3655	107	3	this	this	DET
fsr-3655	107	4	premium	premium	NOUN
fsr-3655	107	5	is	be	AUX
fsr-3655	107	6	the	the	DET
fsr-3655	107	7	sum	sum	NOUN
fsr-3655	107	8	of	of	ADP
fsr-3655	107	9	the	the	DET
fsr-3655	107	10	tax	tax	NOUN
fsr-3655	107	11	free	free	ADJ
fsr-3655	107	12	treatment	treatment	NOUN
fsr-3655	107	13	of	of	ADP
fsr-3655	107	14	imputed	impute	VERB
fsr-3655	107	15	income	income	NOUN
fsr-3655	107	16	plus	plus	CCONJ
fsr-3655	107	17	preferential	preferential	ADJ
fsr-3655	107	18	taxation	taxation	NOUN
fsr-3655	107	19	of	of	ADP
fsr-3655	107	20	capital	capital	NOUN
fsr-3655	107	21	gains	gain	NOUN
fsr-3655	107	22	,	,	PUNCT
fsr-3655	107	23	less	less	ADJ
fsr-3655	107	24	the	the	DET
fsr-3655	107	25	inability	inability	NOUN
fsr-3655	107	26	to	to	PART
fsr-3655	107	27	claim	claim	VERB
fsr-3655	107	28	tax	tax	NOUN
fsr-3655	107	29	depreciation	depreciation	NOUN
fsr-3655	107	30	expense	expense	NOUN
fsr-3655	107	31	.	.	PUNCT
fsr-3655	108	1	in	in	ADP
fsr-3655	108	2	locations	location	NOUN
fsr-3655	108	3	where	where	SCONJ
fsr-3655	108	4	rents	rent	NOUN
fsr-3655	108	5	are	be	AUX
fsr-3655	108	6	high	high	ADJ
fsr-3655	108	7	relative	relative	ADJ
fsr-3655	108	8	to	to	ADP
fsr-3655	108	9	house	house	NOUN
fsr-3655	108	10	prices	price	NOUN
fsr-3655	108	11	,	,	PUNCT
fsr-3655	108	12	the	the	DET
fsr-3655	108	13	premium	premium	NOUN
fsr-3655	108	14	earned	earn	VERB
fsr-3655	108	15	by	by	ADP
fsr-3655	108	16	owner	owner	NOUN
fsr-3655	108	17	-	-	PUNCT
fsr-3655	108	18	occupiers	occupier	NOUN
fsr-3655	108	19	increases	increase	NOUN
fsr-3655	108	20	,	,	PUNCT
fsr-3655	108	21	holding	hold	VERB
fsr-3655	108	22	expected	expect	VERB
fsr-3655	108	23	appreciationp	appreciationp	NOUN
fsr-3655	108	24	constant	constant	ADJ
fsr-3655	108	25	.	.	PUNCT
fsr-3655	109	1	the	the	DET
fsr-3655	109	2	premium	premium	NOUN
fsr-3655	109	3	is	be	AUX
fsr-3655	109	4	increasing	increase	VERB
fsr-3655	109	5	in	in	ADP
fsr-3655	109	6	the	the	DET
fsr-3655	109	7	expected	expect	VERB
fsr-3655	109	8	appreciation	appreciation	NOUN
fsr-3655	109	9	rate	rate	NOUN
fsr-3655	109	10	,	,	PUNCT
fsr-3655	109	11	and	and	CCONJ
fsr-3655	109	12	in	in	ADP
fsr-3655	109	13	the	the	DET
fsr-3655	109	14	capital	capital	NOUN
fsr-3655	109	15	gains	gain	NOUN
fsr-3655	109	16	tax	tax	NOUN
fsr-3655	109	17	on	on	ADP
fsr-3655	109	18	investment	investment	NOUN
fsr-3655	109	19	real	real	ADJ
fsr-3655	109	20	estate	estate	NOUN
fsr-3655	109	21	8	8	NUM
fsr-3655	109	22	.	.	PUNCT
fsr-3655	110	1	the	the	DET
fsr-3655	110	2	premium	premium	NOUN
fsr-3655	110	3	is	be	AUX
fsr-3655	110	4	decreasing	decrease	VERB
fsr-3655	110	5	in	in	ADP
fsr-3655	110	6	depreciation	depreciation	NOUN
fsr-3655	110	7	6	6	NUM
fsr-3655	110	8	,	,	PUNCT
fsr-3655	110	9	since	since	SCONJ
fsr-3655	110	10	owner	owner	NOUN
fsr-3655	110	11	-	-	PUNCT
fsr-3655	110	12	occupiers	occupier	NOUN
fsr-3655	110	13	are	be	AUX
fsr-3655	110	14	not	not	PART
fsr-3655	110	15	eligible	eligible	ADJ
fsr-3655	110	16	to	to	PART
fsr-3655	110	17	claim	claim	VERB
fsr-3655	110	18	this	this	DET
fsr-3655	110	19	expense	expense	NOUN
fsr-3655	110	20	.	.	PUNCT
fsr-3655	111	1	for	for	ADP
fsr-3655	111	2	an	an	DET
fsr-3655	111	3	owner	owner	NOUN
fsr-3655	111	4	-	-	PUNCT
fsr-3655	111	5	o	o	NOUN
fsr-3655	111	6	~	~	NOUN
fsr-3655	111	7	upier	upier	ADJ
fsr-3655	111	8	,	,	PUNCT
fsr-3655	111	9	real	real	ADJ
fsr-3655	111	10	estate	estate	NOUN
fsr-3655	111	11	income	income	NOUN
fsr-3655	111	12	is	be	AUX
fsr-3655	111	13	ej=(k	ej=(k	ADJ
fsr-3655	111	14	--	--	PUNCT
fsr-3655	111	15	u+c)v	u+c)v	PROPN
fsr-3655	111	16	.	.	PUNCT
fsr-3655	112	1	for	for	ADP
fsr-3655	112	2	a	a	DET
fsr-3655	112	3	landlord	landlord	NOUN
fsr-3655	112	4	,	,	PUNCT
fsr-3655	112	5	the	the	DET
fsr-3655	112	6	corresponding	correspond	VERB
fsr-3655	112	7	income	income	NOUN
fsr-3655	112	8	is	be	AUX
fsr-3655	112	9	(	(	PUNCT
fsr-3655	112	10	k	k	X
fsr-3655	112	11	u	u	NOUN
fsr-3655	112	12	)	)	PUNCT
fsr-3655	112	13	k	k	PROPN
fsr-3655	112	14	2.2	2.2	NUM
fsr-3655	112	15	.	.	PUNCT
fsr-3655	113	1	real	real	ADJ
fsr-3655	113	2	estate	estate	NOUN
fsr-3655	113	3	asset	asset	NOUN
fsr-3655	113	4	purchases	purchase	VERB
fsr-3655	113	5	the	the	DET
fsr-3655	113	6	above	above	ADJ
fsr-3655	113	7	section	section	NOUN
fsr-3655	113	8	determines	determine	VERB
fsr-3655	113	9	the	the	DET
fsr-3655	113	10	return	return	NOUN
fsr-3655	113	11	on	on	ADP
fsr-3655	113	12	equity	equity	NOUN
fsr-3655	113	13	,	,	PUNCT
fsr-3655	113	14	which	which	PRON
fsr-3655	113	15	differs	differ	VERB
fsr-3655	113	16	by	by	ADP
fsr-3655	113	17	type	type	NOUN
fsr-3655	113	18	of	of	ADP
fsr-3655	113	19	owner	owner	NOUN
fsr-3655	113	20	.	.	PUNCT
fsr-3655	114	1	another	another	DET
fsr-3655	114	2	feature	feature	NOUN
fsr-3655	114	3	of	of	ADP
fsr-3655	114	4	real	real	ADJ
fsr-3655	114	5	estate	estate	NOUN
fsr-3655	114	6	markets	market	NOUN
fsr-3655	114	7	is	be	AUX
fsr-3655	114	8	that	that	SCONJ
fsr-3655	114	9	equity	equity	NOUN
fsr-3655	114	10	is	be	AUX
fsr-3655	114	11	effectively	effectively	ADV
fsr-3655	114	12	constrained	constrain	VERB
fsr-3655	114	13	by	by	ADP
fsr-3655	114	14	institutional	institutional	ADJ
fsr-3655	114	15	limits	limit	NOUN
fsr-3655	114	16	on	on	ADP
fsr-3655	114	17	leverage	leverage	NOUN
fsr-3655	114	18	and	and	CCONJ
fsr-3655	114	19	debt	debt	NOUN
fsr-3655	114	20	service	service	NOUN
fsr-3655	114	21	ratios	ratio	NOUN
fsr-3655	114	22	,	,	PUNCT
fsr-3655	114	23	and	and	CCONJ
fsr-3655	114	24	that	that	PRON
fsr-3655	114	25	expected	expect	VERB
fsr-3655	114	26	real	real	ADJ
fsr-3655	114	27	estate	estate	NOUN
fsr-3655	114	28	income	income	NOUN
fsr-3655	114	29	is	be	AUX
fsr-3655	114	30	largely	largely	ADV
fsr-3655	114	31	excluded	exclude	VERB
fsr-3655	114	32	in	in	ADP
fsr-3655	114	33	income	income	NOUN
fsr-3655	114	34	used	use	VERB
fsr-3655	114	35	to	to	PART
fsr-3655	114	36	qualify	qualify	VERB
fsr-3655	114	37	for	for	ADP
fsr-3655	114	38	financing	financing	NOUN
fsr-3655	114	39	.	.	PUNCT
fsr-3655	115	1	secondary	secondary	ADJ
fsr-3655	115	2	mortgage	mortgage	NOUN
fsr-3655	115	3	market	market	NOUN
fsr-3655	115	4	institutions	institution	NOUN
fsr-3655	115	5	set	set	VERB
fsr-3655	115	6	a	a	DET
fsr-3655	115	7	limit	limit	NOUN
fsr-3655	115	8	k	k	NOUN
fsr-3655	115	9	as	as	ADP
fsr-3655	115	10	a	a	DET
fsr-3655	115	11	fraction	fraction	NOUN
fsr-3655	115	12	of	of	ADP
fsr-3655	115	13	cash	cash	NOUN
fsr-3655	115	14	income	income	NOUN
fsr-3655	115	15	y	y	PROPN
fsr-3655	115	16	that	that	SCONJ
fsr-3655	115	17	a	a	DET
fsr-3655	115	18	borrower	borrower	NOUN
fsr-3655	115	19	can	can	AUX
fsr-3655	115	20	spend	spend	VERB
fsr-3655	115	21	on	on	ADP
fsr-3655	115	22	debt	debt	NOUN
fsr-3655	115	23	service	service	NOUN
fsr-3655	115	24	and	and	CCONJ
fsr-3655	115	25	property	property	NOUN
fsr-3655	115	26	taxes	taxis	NOUN
fsr-3655	115	27	.	.	PUNCT
fsr-3655	116	1	debt	debt	NOUN
fsr-3655	116	2	service	service	NOUN
fsr-3655	116	3	is	be	AUX
fsr-3655	116	4	wb	wb	PROPN
fsr-3655	116	5	,	,	PUNCT
fsr-3655	116	6	where	where	SCONJ
fsr-3655	116	7	for	for	ADP
fsr-3655	116	8	contract	contract	NOUN
fsr-3655	116	9	rate	rate	NOUN
fsr-3655	116	10	a	a	DET
fsr-3655	116	11	and	and	CCONJ
fsr-3655	116	12	term	term	NOUN
fsr-3655	116	13	y	y	PROPN
fsr-3655	116	14	,	,	PUNCT
fsr-3655	116	15	o	o	NOUN
fsr-3655	116	16	=	=	SYM
fsr-3655	116	17	a/	a/	NOUN
fsr-3655	116	18	[	[	PUNCT
fsr-3655	116	19	1	1	NUM
fsr-3655	116	20	(	(	PUNCT
fsr-3655	116	21	1	1	NUM
fsr-3655	116	22	4a)-	4a)-	NUM
fsr-3655	116	23	‘	'	PUNCT
fsr-3655	116	24	]	]	X
fsr-3655	116	25	is	be	AUX
fsr-3655	116	26	the	the	DET
fsr-3655	116	27	mortgage	mortgage	NOUN
fsr-3655	116	28	payment	payment	NOUN
fsr-3655	116	29	per	per	ADP
fsr-3655	116	30	dollar	dollar	NOUN
fsr-3655	116	31	of	of	ADP
fsr-3655	116	32	loan	loan	NOUN
fsr-3655	116	33	.	.	PUNCT
fsr-3655	117	1	property	property	NOUN
fsr-3655	117	2	taxes	taxis	NOUN
fsr-3655	117	3	are	be	AUX
fsr-3655	117	4	hv	hv	PROPN
fsr-3655	117	5	,	,	PUNCT
fsr-3655	117	6	so	so	ADV
fsr-3655	117	7	the	the	DET
fsr-3655	117	8	underwriting	underwriting	NOUN
fsr-3655	117	9	constraint	constraint	NOUN
fsr-3655	117	10	is	be	AUX
fsr-3655	117	11	ky	ky	NOUN
fsr-3655	117	12	=	=	PUNCT
fsr-3655	117	13	wb+hv	wb+hv	PROPN
fsr-3655	118	1	=	=	NOUN
fsr-3655	118	2	w(v-/ij+w	w(v-/ij+w	ADJ
fsr-3655	118	3	where	where	SCONJ
fsr-3655	118	4	2	2	NUM
fsr-3655	118	5	is	be	AUX
fsr-3655	118	6	the	the	DET
fsr-3655	118	7	down	down	ADJ
fsr-3655	118	8	payment	payment	NOUN
fsr-3655	118	9	equity	equity	NOUN
fsr-3655	118	10	at	at	ADP
fsr-3655	118	11	purchase	purchase	NOUN
fsr-3655	118	12	.	.	PUNCT
fsr-3655	119	1	the	the	DET
fsr-3655	119	2	solution	solution	NOUN
fsr-3655	119	3	of	of	ADP
fsr-3655	119	4	this	this	DET
fsr-3655	119	5	constraint	constraint	NOUN
fsr-3655	119	6	is	be	AUX
fsr-3655	119	7	the	the	DET
fsr-3655	119	8	maximum	maximum	ADJ
fsr-3655	119	9	house	house	NOUN
fsr-3655	119	10	that	that	SCONJ
fsr-3655	119	11	the	the	DET
fsr-3655	119	12	individual	individual	NOUN
fsr-3655	119	13	can	can	AUX
fsr-3655	119	14	purchase	purchase	VERB
fsr-3655	119	15	,	,	PUNCT
fsr-3655	119	16	given	give	VERB
fsr-3655	119	17	a	a	DET
fsr-3655	119	18	job	job	NOUN
fsr-3655	119	19	offer	offer	NOUN
fsr-3655	119	20	paying	pay	VERB
fsr-3655	119	21	y	y	PROPN
fsr-3655	119	22	,	,	PUNCT
fsr-3655	119	23	or	or	CCONJ
fsr-3655	119	24	v	v	ADP
fsr-3655	119	25	=	=	SYM
fsr-3655	119	26	t	t	NOUN
fsr-3655	119	27	:	:	PUNCT
fsr-3655	119	28	icy	icy	ADJ
fsr-3655	119	29	+	+	X
fsr-3655	119	30	wa	wa	ADJ
fsr-3655	119	31	(	(	PUNCT
fsr-3655	119	32	9	9	NUM
fsr-3655	119	33	)	)	PUNCT
fsr-3655	119	34	oj+h	oj+h	NOUN
fsr-3655	119	35	this	this	DET
fsr-3655	119	36	condition	condition	NOUN
fsr-3655	119	37	applies	apply	VERB
fsr-3655	119	38	to	to	ADP
fsr-3655	119	39	new	new	ADJ
fsr-3655	119	40	entrants	entrant	NOUN
fsr-3655	119	41	to	to	ADP
fsr-3655	119	42	-	-	PUNCT
fsr-3655	119	43	the	the	DET
fsr-3655	119	44	local	local	ADJ
fsr-3655	119	45	real	real	ADJ
fsr-3655	119	46	estate	estate	NOUN
fsr-3655	119	47	market	market	NOUN
fsr-3655	119	48	.	.	PUNCT
fsr-3655	120	1	for	for	ADP
fsr-3655	120	2	existing	exist	VERB
fsr-3655	120	3	owners	owner	NOUN
fsr-3655	120	4	in	in	ADP
fsr-3655	120	5	high	high	ADJ
fsr-3655	120	6	return	return	NOUN
fsr-3655	120	7	markets	market	NOUN
fsr-3655	120	8	,	,	PUNCT
fsr-3655	120	9	y	y	PROPN
fsr-3655	120	10	>	>	X
fsr-3655	120	11	v	v	NOUN
fsr-3655	120	12	,	,	PUNCT
fsr-3655	120	13	and	and	CCONJ
fsr-3655	120	14	they	they	PRON
fsr-3655	120	15	could	could	AUX
fsr-3655	120	16	not	not	PART
fsr-3655	120	17	repurchase	repurchase	VERB
fsr-3655	120	18	table	table	NOUN
fsr-3655	120	19	1	1	NUM
fsr-3655	120	20	.	.	PUNCT
fsr-3655	121	1	variables	variable	NOUN
fsr-3655	121	2	and	and	CCONJ
fsr-3655	121	3	parameters	parameter	NOUN
fsr-3655	121	4	parameters	parameter	NOUN
fsr-3655	121	5	descridtion	descridtion	PROPN
fsr-3655	121	6	marginal	marginal	ADJ
fsr-3655	121	7	tax	tax	NOUN
fsr-3655	121	8	rate	rate	NOUN
fsr-3655	121	9	property	property	NOUN
fsr-3655	121	10	tax	tax	NOUN
fsr-3655	121	11	rate	rate	NOUN
fsr-3655	121	12	mortgage	mortgage	NOUN
fsr-3655	121	13	contract	contract	NOUN
fsr-3655	121	14	rate	rate	NOUN
fsr-3655	121	15	number	number	NOUN
fsr-3655	121	16	of	of	ADP
fsr-3655	121	17	payments	payment	NOUN
fsr-3655	121	18	mortgage	mortgage	NOUN
fsr-3655	121	19	payment	payment	NOUN
fsr-3655	121	20	effective	effective	ADJ
fsr-3655	121	21	rate	rate	NOUN
fsr-3655	121	22	of	of	ADP
fsr-3655	121	23	depreciation	depreciation	NOUN
fsr-3655	121	24	capital	capital	NOUN
fsr-3655	121	25	gains	gain	NOUN
fsr-3655	121	26	tax	tax	NOUN
fsr-3655	121	27	for	for	ADP
fsr-3655	121	28	investor	investor	NOUN
fsr-3655	121	29	debt	debt	NOUN
fsr-3655	121	30	service	service	NOUN
fsr-3655	121	31	ratio	ratio	NOUN
fsr-3655	121	32	variables	variable	NOUN
fsr-3655	121	33	z	z	PROPN
fsr-3655	121	34	y	y	PROPN
fsr-3655	121	35	zt	zt	PROPN
fsr-3655	121	36	v	v	PROPN
fsr-3655	121	37	b	b	PROPN
fsr-3655	121	38	p	p	X
fsr-3655	121	39	k	k	X
fsr-3655	121	40	:	:	PUNCT
fsr-3655	121	41	r	r	X
fsr-3655	121	42	,	,	PUNCT
fsr-3655	121	43	ro	ro	X
fsr-3655	121	44	e	e	NOUN
fsr-3655	121	45	,	,	PUNCT
fsr-3655	121	46	e	e	NOUN
fsr-3655	121	47	,	,	PUNCT
fsr-3655	121	48	u	u	NOUN
fsr-3655	121	49	,	,	PUNCT
fsr-3655	121	50	ug	ug	ADP
fsr-3655	121	51	description	description	NOUN
fsr-3655	121	52	total	total	NOUN
fsr-3655	121	53	income	income	NOUN
fsr-3655	121	54	labor	labor	NOUN
fsr-3655	121	55	income	income	NOUN
fsr-3655	121	56	,	,	PUNCT
fsr-3655	121	57	pretax	pretax	ADJ
fsr-3655	121	58	prices	price	NOUN
fsr-3655	121	59	,	,	PUNCT
fsr-3655	121	60	non	non	ADJ
fsr-3655	121	61	-	-	ADJ
fsr-3655	121	62	real	real	ADJ
fsr-3655	121	63	estate	estate	NOUN
fsr-3655	121	64	goods	good	NOUN
fsr-3655	121	65	and	and	CCONJ
fsr-3655	121	66	services	service	NOUN
fsr-3655	121	67	real	real	ADJ
fsr-3655	121	68	estate	estate	NOUN
fsr-3655	121	69	equity	equity	NOUN
fsr-3655	121	70	hedonic	hedonic	ADJ
fsr-3655	121	71	price	price	NOUN
fsr-3655	121	72	standardized	standardize	VERB
fsr-3655	121	73	house	house	NOUN
fsr-3655	121	74	mortgage	mortgage	NOUN
fsr-3655	121	75	debt	debt	NOUN
fsr-3655	121	76	outstanding	outstanding	ADJ
fsr-3655	121	77	capital	capital	NOUN
fsr-3655	121	78	gains	gain	NOUN
fsr-3655	121	79	rate	rate	NOUN
fsr-3655	121	80	income	income	NOUN
fsr-3655	121	81	capitalization	capitalization	NOUN
fsr-3655	121	82	rate	rate	NOUN
fsr-3655	121	83	loan	loan	NOUN
fsr-3655	121	84	to	to	PART
fsr-3655	121	85	value	value	NOUN
fsr-3655	121	86	ratio	ratio	NOUN
fsr-3655	121	87	basis	basis	NOUN
fsr-3655	121	88	ratio	ratio	NOUN
fsr-3655	121	89	rate	rate	NOUN
fsr-3655	121	90	of	of	ADP
fsr-3655	121	91	return	return	NOUN
fsr-3655	121	92	on	on	ADP
fsr-3655	121	93	assets	asset	NOUN
fsr-3655	121	94	rate	rate	NOUN
fsr-3655	121	95	of	of	ADP
fsr-3655	121	96	return	return	NOUN
fsr-3655	121	97	on	on	ADP
fsr-3655	121	98	equity	equity	NOUN
fsr-3655	121	99	user	user	NOUN
fsr-3655	121	100	cost	cost	VERB
fsr-3655	121	101	their	their	PRON
fsr-3655	121	102	own	own	ADJ
fsr-3655	121	103	property	property	NOUN
fsr-3655	121	104	.	.	PUNCT
fsr-3655	122	1	in	in	ADP
fsr-3655	122	2	depressed	depressed	ADJ
fsr-3655	122	3	markets	market	NOUN
fsr-3655	122	4	,	,	PUNCT
fsr-3655	122	5	potentially	potentially	ADV
fsr-3655	122	6	v	v	ADP
fsr-3655	122	7	>	>	X
fsr-3655	122	8	l	l	NOUN
fsr-3655	122	9	?	?	PUNCT
fsr-3655	123	1	for	for	ADP
fsr-3655	123	2	a	a	DET
fsr-3655	123	3	marginal	marginal	ADJ
fsr-3655	123	4	buyer	buyer	NOUN
fsr-3655	123	5	satisfying	satisfy	VERB
fsr-3655	123	6	qualifying	qualifying	NOUN
fsr-3655	123	7	standards	standard	NOUN
fsr-3655	123	8	at	at	ADP
fsr-3655	123	9	the	the	DET
fsr-3655	123	10	constraint	constraint	NOUN
fsr-3655	123	11	,	,	PUNCT
fsr-3655	123	12	real	real	ADJ
fsr-3655	123	13	estate	estate	NOUN
fsr-3655	123	14	income	income	NOUN
fsr-3655	123	15	is	be	AUX
fsr-3655	123	16	ej=(k	ej=(k	ADJ
fsr-3655	123	17	-	-	PUNCT
fsr-3655	123	18	u)v+cv	u)v+cv	NOUN
fsr-3655	123	19	.	.	PUNCT
fsr-3655	124	1	(	(	PUNCT
fsr-3655	124	2	10	10	NUM
fsr-3655	124	3	)	)	PUNCT
fsr-3655	124	4	the	the	DET
fsr-3655	124	5	open	open	ADJ
fsr-3655	124	6	market	market	NOUN
fsr-3655	124	7	real	real	ADJ
fsr-3655	124	8	estate	estate	NOUN
fsr-3655	124	9	income	income	NOUN
fsr-3655	124	10	,	,	PUNCT
fsr-3655	124	11	that	that	PRON
fsr-3655	124	12	would	would	AUX
fsr-3655	124	13	be	be	AUX
fsr-3655	124	14	available	available	ADJ
fsr-3655	124	15	to	to	ADP
fsr-3655	124	16	any	any	DET
fsr-3655	124	17	investor	investor	NOUN
fsr-3655	124	18	,	,	PUNCT
fsr-3655	124	19	is	be	AUX
fsr-3655	124	20	_	_	PRON
fsr-3655	124	21	(	(	PUNCT
fsr-3655	124	22	k	k	X
fsr-3655	124	23	u)v=	u)v=	PROPN
fsr-3655	125	1	[	[	X
fsr-3655	125	2	(	(	PUNCT
fsr-3655	125	3	i	i	NOUN
fsr-3655	125	4	t)(k	t)(k	VERB
fsr-3655	125	5	h	h	NOUN
fsr-3655	125	6	av	av	NOUN
fsr-3655	125	7	)	)	PUNCT
fsr-3655	126	1	+	+	CCONJ
fsr-3655	126	2	3	3	NUM
fsr-3655	126	3	%	%	NOUN
fsr-3655	126	4	+	+	CCONJ
fsr-3655	126	5	(	(	PUNCT
fsr-3655	126	6	1	1	NUM
fsr-3655	126	7	&	&	CCONJ
fsr-3655	126	8	)	)	PUNCT
fsr-3655	127	1	p	p	X
fsr-3655	127	2	]	]	X
fsr-3655	127	3	ky,‘,wff	ky,‘,wff	X
fsr-3655	127	4	*	*	PUNCT
fsr-3655	127	5	(	(	PUNCT
fsr-3655	127	6	11	11	NUM
fsr-3655	127	7	)	)	PUNCT
fsr-3655	127	8	the	the	DET
fsr-3655	127	9	premium	premium	ADJ
fsr-3655	127	10	income	income	NOUN
fsr-3655	127	11	to	to	ADP
fsr-3655	127	12	owner	owner	NOUN
fsr-3655	127	13	-	-	PUNCT
fsr-3655	127	14	occupancy	occupancy	NOUN
fsr-3655	127	15	is	be	AUX
fsr-3655	127	16	ky	ky	PROPN
fsr-3655	127	17	+	+	CCONJ
fsr-3655	127	18	ojif	ojif	PROPN
fsr-3655	127	19	cv=7(k+ep	cv=7(k+ep	PROPN
fsr-3655	127	20	-	-	NOUN
fsr-3655	127	21	n	n	PRON
fsr-3655	127	22	?	?	PUNCT
fsr-3655	127	23	)	)	PUNCT
fsr-3655	128	1	cc,+h	cc,+h	X
fsr-3655	128	2	.	.	PUNCT
fsr-3655	129	1	(	(	PUNCT
fsr-3655	129	2	12	12	NUM
fsr-3655	129	3	)	)	PUNCT
fsr-3655	129	4	the	the	DET
fsr-3655	129	5	variables	variable	NOUN
fsr-3655	129	6	and	and	CCONJ
fsr-3655	129	7	parameters	parameter	NOUN
fsr-3655	129	8	of	of	ADP
fsr-3655	129	9	the	the	DET
fsr-3655	129	10	model	model	NOUN
fsr-3655	129	11	are	be	AUX
fsr-3655	129	12	summarized	summarize	VERB
fsr-3655	129	13	in	in	ADP
fsr-3655	129	14	table	table	NOUN
fsr-3655	129	15	1	1	NUM
fsr-3655	129	16	.	.	NOUN
fsr-3655	129	17	52	52	NUM
fsr-3655	129	18	3	3	NUM
fsr-3655	129	19	.	.	PUNCT
fsr-3655	129	20	financial	financial	ADJ
fsr-3655	129	21	services	service	NOUN
fsr-3655	129	22	review	review	NOUN
fsr-3655	129	23	,	,	PUNCT
fsr-3655	129	24	l(1	l(1	PROPN
fsr-3655	129	25	)	)	PUNCT
fsr-3655	129	26	1991	1991	NUM
fsr-3655	129	27	decisions	decision	NOUN
fsr-3655	129	28	on	on	ADP
fsr-3655	129	29	job	job	NOUN
fsr-3655	129	30	and	and	CCONJ
fsr-3655	129	31	housing	housing	NOUN
fsr-3655	129	32	choice	choice	NOUN
fsr-3655	129	33	the	the	DET
fsr-3655	129	34	individual	individual	NOUN
fsr-3655	130	1	m	m	VERB
fsr-3655	130	2	has	have	AUX
fsr-3655	130	3	offers	offer	VERB
fsr-3655	130	4	j	j	PROPN
fsr-3655	130	5	=	=	SYM
fsr-3655	130	6	l	l	PROPN
fsr-3655	130	7	,	,	PUNCT
fsr-3655	130	8	...	...	PUNCT
fsr-3655	130	9	j(m	j(m	PROPN
fsr-3655	130	10	)	)	PUNCT
fsr-3655	130	11	,	,	PUNCT
fsr-3655	130	12	drawn	draw	VERB
fsr-3655	130	13	from	from	ADP
fsr-3655	130	14	the	the	DET
fsr-3655	130	15	underlying	underlie	VERB
fsr-3655	130	16	distribution	distribution	NOUN
fsr-3655	130	17	of	of	ADP
fsr-3655	130	18	jobs	job	NOUN
fsr-3655	130	19	.	.	PUNCT
fsr-3655	131	1	the	the	DET
fsr-3655	131	2	choice	choice	NOUN
fsr-3655	131	3	set	set	VERB
fsr-3655	131	4	over	over	ADP
fsr-3655	131	5	jobs	job	NOUN
fsr-3655	131	6	need	need	AUX
fsr-3655	131	7	not	not	PART
fsr-3655	131	8	be	be	AUX
fsr-3655	131	9	common	common	ADJ
fsr-3655	131	10	to	to	ADP
fsr-3655	131	11	all	all	DET
fsr-3655	131	12	individuals	individual	NOUN
fsr-3655	131	13	.	.	PUNCT
fsr-3655	132	1	a	a	DET
fsr-3655	132	2	job	job	NOUN
fsr-3655	132	3	package	package	NOUN
fsr-3655	132	4	j	j	PROPN
fsr-3655	132	5	includes	include	VERB
fsr-3655	132	6	working	working	NOUN
fsr-3655	132	7	conditions	condition	NOUN
fsr-3655	132	8	of	of	ADP
fsr-3655	132	9	salaries	salary	NOUN
fsr-3655	132	10	,	,	PUNCT
fsr-3655	132	11	benefits	benefit	NOUN
fsr-3655	132	12	and	and	CCONJ
fsr-3655	132	13	hours	hour	NOUN
fsr-3655	132	14	,	,	PUNCT
fsr-3655	132	15	the	the	DET
fsr-3655	132	16	quality	quality	NOUN
fsr-3655	132	17	of	of	ADP
fsr-3655	132	18	the	the	DET
fsr-3655	132	19	employer	employer	NOUN
fsr-3655	132	20	,	,	PUNCT
fsr-3655	132	21	and	and	CCONJ
fsr-3655	132	22	a	a	DET
fsr-3655	132	23	location	location	NOUN
fsr-3655	132	24	.	.	PUNCT
fsr-3655	133	1	at	at	ADP
fsr-3655	133	2	the	the	DET
fsr-3655	133	3	location	location	NOUN
fsr-3655	133	4	,	,	PUNCT
fsr-3655	133	5	the	the	DET
fsr-3655	133	6	rental	rental	ADJ
fsr-3655	133	7	price	price	NOUN
fsr-3655	133	8	of	of	ADP
fsr-3655	133	9	the	the	DET
fsr-3655	133	10	standardized	standardized	ADJ
fsr-3655	133	11	house	house	NOUN
fsr-3655	133	12	is	be	AUX
fsr-3655	133	13	/$i$.	/$i$.	PUNCT
fsr-3655	133	14	the	the	DET
fsr-3655	133	15	price	price	NOUN
fsr-3655	133	16	of	of	ADP
fsr-3655	133	17	other	other	ADJ
fsr-3655	133	18	goods	good	NOUN
fsr-3655	133	19	and	and	CCONJ
fsr-3655	133	20	services	service	NOUN
fsr-3655	133	21	is	be	AUX
fsr-3655	133	22	q	q	ADJ
fsr-3655	133	23	,	,	PUNCT
fsr-3655	133	24	an	an	DET
fsr-3655	133	25	index	index	NOUN
fsr-3655	133	26	of	of	ADP
fsr-3655	133	27	prices	price	NOUN
fsr-3655	133	28	q	q	PROPN
fsr-3655	133	29	other	other	ADJ
fsr-3655	133	30	than	than	ADP
fsr-3655	133	31	real	real	ADJ
fsr-3655	133	32	estate	estate	NOUN
fsr-3655	133	33	rents	rent	NOUN
fsr-3655	133	34	.	.	PUNCT
fsr-3655	134	1	direct	direct	ADJ
fsr-3655	134	2	compensation	compensation	NOUN
fsr-3655	134	3	offered	offer	VERB
fsr-3655	134	4	by	by	ADP
fsr-3655	134	5	the	the	DET
fsr-3655	134	6	employer	employer	NOUN
fsr-3655	134	7	is	be	AUX
fsr-3655	134	8	5	5	NUM
fsr-3655	134	9	,	,	PUNCT
fsr-3655	134	10	and	and	CCONJ
fsr-3655	134	11	the	the	DET
fsr-3655	134	12	combined	combined	ADJ
fsr-3655	134	13	tax	tax	NOUN
fsr-3655	134	14	rate	rate	NOUN
fsr-3655	134	15	in	in	ADP
fsr-3655	134	16	the	the	DET
fsr-3655	134	17	location	location	NOUN
fsr-3655	134	18	is	be	AUX
fsr-3655	134	19	r+	r+	VERB
fsr-3655	134	20	after	after	SCONJ
fsr-3655	134	21	tax	tax	NOUN
fsr-3655	134	22	cash	cash	NOUN
fsr-3655	134	23	income	income	NOUN
fsr-3655	134	24	is	be	AUX
fsr-3655	134	25	(	(	PUNCT
fsr-3655	134	26	1	1	NUM
fsr-3655	134	27	75	75	NUM
fsr-3655	134	28	)	)	PUNCT
fsr-3655	134	29	.	.	PUNCT
fsr-3655	135	1	total	total	ADJ
fsr-3655	135	2	income	income	NOUN
fsr-3655	135	3	in	in	ADP
fsr-3655	135	4	the	the	DET
fsr-3655	135	5	location	location	NOUN
fsr-3655	135	6	is	be	AUX
fsr-3655	135	7	zj	zj	NOUN
fsr-3655	135	8	=	=	PUNCT
fsr-3655	135	9	(	(	PUNCT
fsr-3655	135	10	1	1	NUM
fsr-3655	135	11	7	7	NUM
fsr-3655	135	12	-	-	PUNCT
fsr-3655	135	13	j	j	PROPN
fsr-3655	135	14	&	&	CCONJ
fsr-3655	135	15	ig(ej	ig(ej	PROPN
fsr-3655	135	16	)	)	PUNCT
fsr-3655	135	17	.	.	PUNCT
fsr-3655	136	1	if	if	SCONJ
fsr-3655	136	2	salary	salary	NOUN
fsr-3655	136	3	income	income	NOUN
fsr-3655	136	4	alone	alone	ADV
fsr-3655	136	5	is	be	AUX
fsr-3655	136	6	sufficient	sufficient	ADJ
fsr-3655	136	7	to	to	PART
fsr-3655	136	8	determine	determine	VERB
fsr-3655	136	9	the	the	DET
fsr-3655	136	10	locational	locational	ADJ
fsr-3655	136	11	choice	choice	NOUN
fsr-3655	136	12	,	,	PUNCT
fsr-3655	136	13	then	then	ADV
fsr-3655	136	14	g	g	PROPN
fsr-3655	136	15	=	=	SYM
fsr-3655	136	16	0	0	NUM
fsr-3655	136	17	and	and	CCONJ
fsr-3655	136	18	real	real	ADJ
fsr-3655	136	19	estate	estate	NOUN
fsr-3655	136	20	income	income	NOUN
fsr-3655	136	21	is	be	AUX
fsr-3655	136	22	excluded	exclude	VERB
fsr-3655	136	23	.	.	PUNCT
fsr-3655	137	1	if	if	SCONJ
fsr-3655	137	2	salary	salary	NOUN
fsr-3655	137	3	income	income	NOUN
fsr-3655	137	4	is	be	AUX
fsr-3655	137	5	insufficient	insufficient	ADJ
fsr-3655	137	6	,	,	PUNCT
fsr-3655	137	7	then	then	ADV
fsr-3655	137	8	zj	zj	X
fsr-3655	137	9	>	>	X
fsr-3655	137	10	5	5	NUM
fsr-3655	137	11	.	.	PUNCT
fsr-3655	138	1	otherwise	otherwise	ADV
fsr-3655	138	2	,	,	PUNCT
fsr-3655	138	3	estate	estate	NOUN
fsr-3655	138	4	income	income	NOUN
fsr-3655	138	5	and	and	CCONJ
fsr-3655	138	6	wealth	wealth	NOUN
fsr-3655	138	7	are	be	AUX
fsr-3655	138	8	unanticipated	unanticipate	VERB
fsr-3655	138	9	windfalls	windfall	NOUN
fsr-3655	138	10	not	not	PART
fsr-3655	138	11	affecting	affect	VERB
fsr-3655	138	12	allocative	allocative	ADJ
fsr-3655	138	13	and	and	CCONJ
fsr-3655	138	14	mobility	mobility	NOUN
fsr-3655	138	15	decisions	decision	NOUN
fsr-3655	138	16	.	.	PUNCT
fsr-3655	139	1	over	over	ADP
fsr-3655	139	2	the	the	DET
fsr-3655	139	3	j(m	j(m	PROPN
fsr-3655	139	4	)	)	PUNCT
fsr-3655	139	5	job	job	NOUN
fsr-3655	139	6	offers	offer	NOUN
fsr-3655	139	7	,	,	PUNCT
fsr-3655	139	8	the	the	DET
fsr-3655	139	9	indirect	indirect	ADJ
fsr-3655	139	10	utility	utility	NOUN
fsr-3655	139	11	level	level	NOUN
fsr-3655	139	12	isakjf	isakjf	NOUN
fsr-3655	139	13	,	,	PUNCT
fsr-3655	139	14	e	e	NOUN
fsr-3655	139	15	,	,	PUNCT
fsr-3655	139	16	zj	zj	PROPN
fsr-3655	139	17	)	)	PUNCT
fsr-3655	139	18	.	.	PUNCT
fsr-3655	140	1	the	the	DET
fsr-3655	140	2	location	location	NOUN
fsr-3655	140	3	selected	select	VERB
fsr-3655	140	4	is	be	AUX
fsr-3655	140	5	that	that	PRON
fsr-3655	140	6	which	which	PRON
fsr-3655	140	7	maximizes	maximize	VERB
fsr-3655	140	8	utility	utility	NOUN
fsr-3655	140	9	.	.	PUNCT
fsr-3655	141	1	this	this	PRON
fsr-3655	141	2	is	be	AUX
fsr-3655	141	3	a	a	DET
fsr-3655	141	4	qualitative	qualitative	ADJ
fsr-3655	141	5	choice	choice	NOUN
fsr-3655	141	6	,	,	PUNCT
fsr-3655	141	7	and	and	CCONJ
fsr-3655	141	8	differentiability	differentiability	NOUN
fsr-3655	141	9	conditions	condition	NOUN
fsr-3655	141	10	do	do	AUX
fsr-3655	141	11	not	not	PART
fsr-3655	141	12	hold	hold	VERB
fsr-3655	141	13	.	.	PUNCT
fsr-3655	142	1	*	*	PUNCT
fsr-3655	142	2	if	if	SCONJ
fsr-3655	142	3	the	the	DET
fsr-3655	142	4	first	first	ADJ
fsr-3655	142	5	job	job	NOUN
fsr-3655	142	6	is	be	AUX
fsr-3655	142	7	numbered	number	VERB
fsr-3655	142	8	as	as	ADP
fsr-3655	142	9	that	that	PRON
fsr-3655	142	10	selected	select	VERB
fsr-3655	142	11	44	44	NUM
fsr-3655	142	12	i=	i=	NUM
fsr-3655	142	13	1	1	NUM
fsr-3655	142	14	if	if	SCONJ
fsr-3655	142	15	g	g	PROPN
fsr-3655	142	16	24(k1	24(k1	NUM
fsr-3655	142	17	vi,@	vi,@	PROPN
fsr-3655	142	18	,	,	PUNCT
fsr-3655	142	19	yi	yi	NOUN
fsr-3655	142	20	)	)	PUNCT
fsr-3655	142	21	u	u	NOUN
fsr-3655	142	22	,	,	PUNCT
fsr-3655	142	23	fkjq	fkjq	PROPN
fsr-3655	142	24	&	&	CCONJ
fsr-3655	142	25	&	&	CCONJ
fsr-3655	142	26	i	i	PROPN
fsr-3655	142	27	10	10	NUM
fsr-3655	142	28	0	0	NUM
fsr-3655	143	1	otherwise	otherwise	ADV
fsr-3655	143	2	.	.	PUNCT
fsr-3655	144	1	(	(	PUNCT
fsr-3655	144	2	13	13	NUM
fsr-3655	144	3	)	)	PUNCT
fsr-3655	144	4	this	this	PRON
fsr-3655	144	5	is	be	AUX
fsr-3655	144	6	a	a	DET
fsr-3655	144	7	conventional	conventional	ADJ
fsr-3655	144	8	job	job	NOUN
fsr-3655	144	9	decision	decision	NOUN
fsr-3655	144	10	,	,	PUNCT
fsr-3655	144	11	with	with	ADP
fsr-3655	144	12	real	real	ADJ
fsr-3655	144	13	estate	estate	NOUN
fsr-3655	144	14	income	income	NOUN
fsr-3655	144	15	excluded	exclude	VERB
fsr-3655	144	16	.	.	PUNCT
fsr-3655	145	1	the	the	DET
fsr-3655	145	2	implied	imply	VERB
fsr-3655	145	3	definition	definition	NOUN
fsr-3655	145	4	of	of	ADP
fsr-3655	145	5	income	income	NOUN
fsr-3655	145	6	is	be	AUX
fsr-3655	145	7	&	&	CCONJ
fsr-3655	145	8	=	=	PROPN
fsr-3655	145	9	c	c	PROPN
fsr-3655	145	10	g(ej	g(ej	PROPN
fsr-3655	145	11	)	)	PUNCT
fsr-3655	145	12	=	=	SYM
fsr-3655	146	1	0	0	X
fsr-3655	146	2	.	.	PUNCT
fsr-3655	147	1	a	a	DET
fsr-3655	147	2	more	more	ADV
fsr-3655	147	3	general	general	ADJ
fsr-3655	147	4	form	form	NOUN
fsr-3655	147	5	has	have	VERB
fsr-3655	147	6	income	income	NOUN
fsr-3655	147	7	including	include	VERB
fsr-3655	147	8	real	real	ADJ
fsr-3655	147	9	estate	estate	NOUN
fsr-3655	147	10	return	return	NOUN
fsr-3655	147	11	,	,	PUNCT
fsr-3655	147	12	though	though	SCONJ
fsr-3655	147	13	possibly	possibly	ADV
fsr-3655	147	14	with	with	ADP
fsr-3655	147	15	a	a	DET
fsr-3655	147	16	discount	discount	NOUN
fsr-3655	147	17	.	.	PUNCT
fsr-3655	148	1	real	real	ADJ
fsr-3655	148	2	estate	estate	NOUN
fsr-3655	148	3	income	income	NOUN
fsr-3655	148	4	can	can	AUX
fsr-3655	148	5	not	not	PART
fsr-3655	148	6	easily	easily	ADV
fsr-3655	148	7	be	be	AUX
fsr-3655	148	8	collateralized	collateralize	VERB
fsr-3655	148	9	,	,	PUNCT
fsr-3655	148	10	and	and	CCONJ
fsr-3655	148	11	involves	involve	VERB
fsr-3655	148	12	transactions	transaction	NOUN
fsr-3655	148	13	costs	cost	NOUN
fsr-3655	148	14	of	of	ADP
fsr-3655	148	15	realization	realization	NOUN
fsr-3655	148	16	.	.	PUNCT
fsr-3655	149	1	institutions	institution	NOUN
fsr-3655	149	2	on	on	ADP
fsr-3655	149	3	mortgages	mortgage	NOUN
fsr-3655	149	4	,	,	PUNCT
fsr-3655	149	5	property	property	NOUN
fsr-3655	149	6	taxes	taxis	NOUN
fsr-3655	149	7	and	and	CCONJ
fsr-3655	149	8	depreciation	depreciation	NOUN
fsr-3655	149	9	act	act	NOUN
fsr-3655	149	10	to	to	PART
fsr-3655	149	11	discourage	discourage	VERB
fsr-3655	149	12	sale	sale	NOUN
fsr-3655	149	13	,	,	PUNCT
fsr-3655	149	14	and	and	CCONJ
fsr-3655	149	15	to	to	PART
fsr-3655	149	16	lock	lock	VERB
fsr-3655	149	17	in	in	ADP
fsr-3655	149	18	existing	exist	VERB
fsr-3655	149	19	owners	owner	NOUN
fsr-3655	149	20	.	.	PUNCT
fsr-3655	150	1	capital	capital	NOUN
fsr-3655	150	2	markets	market	NOUN
fsr-3655	150	3	for	for	ADP
fsr-3655	150	4	borrowing	borrow	VERB
fsr-3655	150	5	against	against	ADP
fsr-3655	150	6	real	real	ADJ
fsr-3655	150	7	estate	estate	NOUN
fsr-3655	150	8	equity	equity	NOUN
fsr-3655	150	9	are	be	AUX
fsr-3655	150	10	incomplete	incomplete	ADJ
fsr-3655	150	11	,	,	PUNCT
fsr-3655	150	12	though	though	SCONJ
fsr-3655	150	13	they	they	PRON
fsr-3655	150	14	are	be	AUX
fsr-3655	150	15	also	also	ADV
fsr-3655	150	16	imperfect	imperfect	ADJ
fsr-3655	150	17	for	for	ADP
fsr-3655	150	18	borrowing	borrow	VERB
fsr-3655	150	19	against	against	ADP
fsr-3655	150	20	human	human	ADJ
fsr-3655	150	21	capital	capital	NOUN
fsr-3655	150	22	.	.	PUNCT
fsr-3655	151	1	the	the	DET
fsr-3655	151	2	multinomial	multinomial	ADJ
fsr-3655	151	3	decision	decision	NOUN
fsr-3655	151	4	,	,	PUNCT
fsr-3655	151	5	with	with	ADP
fsr-3655	151	6	location	location	NOUN
fsr-3655	151	7	1	1	NUM
fsr-3655	151	8	being	be	AUX
fsr-3655	151	9	that	that	PRON
fsr-3655	151	10	selected	select	VERB
fsr-3655	151	11	,	,	PUNCT
fsr-3655	151	12	is	be	AUX
fsr-3655	151	13	(	(	PUNCT
fsr-3655	151	14	14	14	NUM
fsr-3655	151	15	)	)	PUNCT
fsr-3655	152	1	i	i	PRON
fsr-3655	152	2	0	0	PUNCT
fsr-3655	152	3	otherwise	otherwise	ADV
fsr-3655	152	4	with	with	ADP
fsr-3655	152	5	zj	zj	PROPN
fsr-3655	152	6	=	=	SYM
fsr-3655	152	7	5	5	NUM
fsr-3655	152	8	+	+	NUM
fsr-3655	152	9	g(ea	g(ea	NOUN
fsr-3655	152	10	)	)	PUNCT
fsr-3655	152	11	.	.	PUNCT
fsr-3655	153	1	restrictions	restriction	NOUN
fsr-3655	153	2	on	on	ADP
fsr-3655	153	3	the	the	DET
fsr-3655	153	4	structure	structure	NOUN
fsr-3655	153	5	are	be	AUX
fsr-3655	153	6	indicated	indicate	VERB
fsr-3655	153	7	in	in	ADP
fsr-3655	153	8	table	table	NOUN
fsr-3655	153	9	2	2	NUM
fsr-3655	153	10	.	.	PUNCT
fsr-3655	153	11	real	real	ADJ
fsr-3655	153	12	estate	estate	NOUN
fsr-3655	153	13	income	income	NOUN
fsr-3655	153	14	and	and	CCONJ
fsr-3655	153	15	relocation	relocation	NOUN
fsr-3655	153	16	53	53	NUM
fsr-3655	153	17	table	table	NOUN
fsr-3655	153	18	2	2	NUM
fsr-3655	153	19	.	.	NOUN
fsr-3655	153	20	hypothesis	hypothesis	NOUN
fsr-3655	153	21	testing	testing	NOUN
fsr-3655	153	22	(	(	PUNCT
fsr-3655	153	23	with	with	ADP
fsr-3655	153	24	required	require	VERB
fsr-3655	153	25	restrictions	restriction	NOUN
fsr-3655	153	26	)	)	PUNCT
fsr-3655	153	27	form	form	NOUN
fsr-3655	153	28	restrictions	restriction	NOUN
fsr-3655	153	29	lnz	lnz	NOUN
fsr-3655	153	30	=	=	NOUN
fsr-3655	153	31	ln	ln	NOUN
fsr-3655	153	32	y+/3kln(k-~)v+j3	y+/3kln(k-~)v+j3	NOUN
fsr-3655	153	33	~	~	ADP
fsr-3655	153	34	lncf	lncf	VERB
fsr-3655	153	35	fik	fik	PROPN
fsr-3655	153	36	#	#	NOUN
fsr-3655	153	37	0	0	NUM
fsr-3655	153	38	,	,	PUNCT
fsr-3655	153	39	pc	pc	NOUN
fsr-3655	153	40	f	f	NOUN
fsr-3655	153	41	0	0	NUM
fsr-3655	154	1	hz	hz	PROPN
fsr-3655	154	2	=	=	NOUN
fsr-3655	154	3	h	h	NOUN
fsr-3655	154	4	y+bk[h(k	y+bk[h(k	PROPN
fsr-3655	154	5	-	-	PUNCT
fsr-3655	154	6	u+c)f	u+c)f	NOUN
fsr-3655	154	7	]	]	PUNCT
fsr-3655	154	8	pk	pk	NOUN
fsr-3655	154	9	=	=	NOUN
fsr-3655	154	10	pc	pc	NOUN
fsr-3655	154	11	lnz	lnz	NOUN
fsr-3655	154	12	=	=	NOUN
fsr-3655	154	13	ln	ln	ADJ
fsr-3655	154	14	y+ln(k	y+ln(k	NOUN
fsr-3655	154	15	-	-	PUNCT
fsr-3655	154	16	u+c)v	u+c)v	ADJ
fsr-3655	154	17	flk	flk	PROPN
fsr-3655	154	18	=	=	PROPN
fsr-3655	154	19	flc	flc	PROPN
fsr-3655	154	20	=	=	PROPN
fsr-3655	154	21	1	1	NUM
fsr-3655	154	22	in	in	ADP
fsr-3655	154	23	z	z	NOUN
fsr-3655	154	24	=	=	PUNCT
fsr-3655	154	25	in	in	ADP
fsr-3655	154	26	y	y	PROPN
fsr-3655	154	27	flk	flk	PROPN
fsr-3655	154	28	=	=	PROPN
fsr-3655	154	29	j%	j%	PROPN
fsr-3655	155	1	=	=	PUNCT
fsr-3655	155	2	0	0	NUM
fsr-3655	155	3	the	the	DET
fsr-3655	155	4	unrestricted	unrestricted	ADJ
fsr-3655	155	5	form	form	NOUN
fsr-3655	155	6	introduces	introduce	VERB
fsr-3655	155	7	parameters	parameter	NOUN
fsr-3655	155	8	&	&	CCONJ
fsr-3655	155	9	and	and	CCONJ
fsr-3655	155	10	fik	fik	PROPN
fsr-3655	155	11	for	for	ADP
fsr-3655	155	12	the	the	DET
fsr-3655	155	13	two	two	NUM
fsr-3655	155	14	types	type	NOUN
fsr-3655	155	15	of	of	ADP
fsr-3655	155	16	real	real	ADJ
fsr-3655	155	17	estate	estate	NOUN
fsr-3655	155	18	income	income	NOUN
fsr-3655	155	19	.	.	PUNCT
fsr-3655	156	1	if	if	SCONJ
fsr-3655	156	2	&	&	CCONJ
fsr-3655	156	3	=	=	PRON
fsr-3655	156	4	&	&	CCONJ
fsr-3655	156	5	then	then	ADV
fsr-3655	156	6	both	both	DET
fsr-3655	156	7	incomes	income	NOUN
fsr-3655	156	8	are	be	AUX
fsr-3655	156	9	viewed	view	VERB
fsr-3655	156	10	as	as	ADP
fsr-3655	156	11	being	be	AUX
fsr-3655	156	12	identical	identical	ADJ
fsr-3655	156	13	.	.	PUNCT
fsr-3655	157	1	if	if	SCONJ
fsr-3655	157	2	the	the	DET
fsr-3655	157	3	parameters	parameter	NOUN
fsr-3655	157	4	are	be	AUX
fsr-3655	157	5	both	both	ADV
fsr-3655	157	6	equal	equal	ADJ
fsr-3655	157	7	to	to	ADP
fsr-3655	157	8	one	one	NUM
fsr-3655	157	9	,	,	PUNCT
fsr-3655	157	10	all	all	DET
fsr-3655	157	11	income	income	NOUN
fsr-3655	157	12	is	be	AUX
fsr-3655	157	13	measured	measure	VERB
fsr-3655	157	14	homogeneously	homogeneously	ADV
fsr-3655	157	15	.	.	PUNCT
fsr-3655	158	1	if	if	SCONJ
fsr-3655	158	2	pc	pc	NOUN
fsr-3655	158	3	=	=	SYM
fsr-3655	158	4	@k	@k	NOUN
fsr-3655	158	5	=	=	SYM
fsr-3655	158	6	0	0	NUM
fsr-3655	158	7	,	,	PUNCT
fsr-3655	158	8	then	then	ADV
fsr-3655	158	9	real	real	ADJ
fsr-3655	158	10	estate	estate	NOUN
fsr-3655	158	11	has	have	VERB
fsr-3655	158	12	no	no	DET
fsr-3655	158	13	role	role	NOUN
fsr-3655	158	14	in	in	ADP
fsr-3655	158	15	relocation	relocation	NOUN
fsr-3655	158	16	decisions	decision	NOUN
fsr-3655	158	17	.	.	PUNCT
fsr-3655	159	1	real	real	ADJ
fsr-3655	159	2	estate	estate	NOUN
fsr-3655	159	3	returns	return	NOUN
fsr-3655	159	4	e	e	NOUN
fsr-3655	159	5	and	and	CCONJ
fsr-3655	159	6	e	e	NOUN
fsr-3655	159	7	,	,	PUNCT
fsr-3655	159	8	are	be	AUX
fsr-3655	159	9	constructed	construct	VERB
fsr-3655	159	10	for	for	ADP
fsr-3655	159	11	locations	location	NOUN
fsr-3655	159	12	across	across	ADP
fsr-3655	159	13	the	the	DET
fsr-3655	159	14	united	united	PROPN
fsr-3655	159	15	states	states	PROPN
fsr-3655	159	16	.	.	PUNCT
fsr-3655	160	1	a	a	DET
fsr-3655	160	2	comparable	comparable	ADJ
fsr-3655	160	3	quality	quality	NOUN
fsr-3655	160	4	house	house	NOUN
fsr-3655	160	5	is	be	AUX
fsr-3655	160	6	priced	price	VERB
fsr-3655	160	7	in	in	ADP
fsr-3655	160	8	161	161	NUM
fsr-3655	160	9	metropolitan	metropolitan	ADJ
fsr-3655	160	10	areas	area	NOUN
fsr-3655	160	11	across	across	ADP
fsr-3655	160	12	the	the	DET
fsr-3655	160	13	country	country	NOUN
fsr-3655	160	14	,	,	PUNCT
fsr-3655	160	15	from	from	ADP
fsr-3655	160	16	data	datum	NOUN
fsr-3655	160	17	compiled	compile	VERB
fsr-3655	160	18	by	by	ADP
fsr-3655	160	19	coldwell	coldwell	PROPN
fsr-3655	160	20	banker	banker	NOUN
fsr-3655	160	21	offices	office	NOUN
fsr-3655	160	22	.	.	PUNCT
fsr-3655	161	1	where	where	SCONJ
fsr-3655	161	2	coldwell	coldwell	PROPN
fsr-3655	161	3	banker	banker	NOUN
fsr-3655	161	4	has	have	VERB
fsr-3655	161	5	several	several	ADJ
fsr-3655	161	6	offices	office	NOUN
fsr-3655	161	7	in	in	ADP
fsr-3655	161	8	a	a	DET
fsr-3655	161	9	metropolitan	metropolitan	ADJ
fsr-3655	161	10	area	area	NOUN
fsr-3655	161	11	,	,	PUNCT
fsr-3655	161	12	prices	price	NOUN
fsr-3655	161	13	in	in	ADP
fsr-3655	161	14	the	the	DET
fsr-3655	161	15	least	least	ADV
fsr-3655	161	16	expensive	expensive	ADJ
fsr-3655	161	17	sublocation	sublocation	NOUN
fsr-3655	161	18	are	be	AUX
fsr-3655	161	19	used	use	VERB
fsr-3655	161	20	.	.	PUNCT
fsr-3655	162	1	data	datum	NOUN
fsr-3655	162	2	on	on	ADP
fsr-3655	162	3	cap	cap	NOUN
fsr-3655	162	4	rates	rate	NOUN
fsr-3655	162	5	k	k	PROPN
fsr-3655	162	6	,	,	PUNCT
fsr-3655	162	7	property	property	NOUN
fsr-3655	162	8	tax	tax	NOUN
fsr-3655	162	9	rates	rate	NOUN
fsr-3655	162	10	h	h	NOUN
fsr-3655	162	11	,	,	PUNCT
fsr-3655	162	12	and	and	CCONJ
fsr-3655	162	13	house	house	NOUN
fsr-3655	162	14	prices	price	NOUN
fsr-3655	162	15	v	v	NOUN
fsr-3655	162	16	are	be	AUX
fsr-3655	162	17	obtained	obtain	VERB
fsr-3655	162	18	from	from	ADP
fsr-3655	162	19	the	the	DET
fsr-3655	162	20	survey	survey	NOUN
fsr-3655	162	21	.	.	PUNCT
fsr-3655	163	1	financing	financing	NOUN
fsr-3655	163	2	is	be	AUX
fsr-3655	163	3	with	with	ADP
fsr-3655	163	4	a	a	DET
fsr-3655	163	5	fixed	fix	VERB
fsr-3655	163	6	rate	rate	NOUN
fsr-3655	163	7	mortgage	mortgage	NOUN
fsr-3655	163	8	for	for	ADP
fsr-3655	163	9	30	30	NUM
fsr-3655	163	10	years	year	NOUN
fsr-3655	163	11	,	,	PUNCT
fsr-3655	163	12	payable	payable	ADJ
fsr-3655	163	13	monthly	monthly	ADV
fsr-3655	163	14	,	,	PUNCT
fsr-3655	163	15	as	as	ADP
fsr-3655	163	16	the	the	DET
fsr-3655	163	17	payment	payment	NOUN
fsr-3655	163	18	w	w	NOUN
fsr-3655	163	19	,	,	PUNCT
fsr-3655	163	20	and	and	CCONJ
fsr-3655	163	21	interest	interest	NOUN
fsr-3655	163	22	rate	rate	NOUN
fsr-3655	163	23	a	a	PRON
fsr-3655	163	24	’	'	PUNCT
fsr-3655	163	25	.	.	PUNCT
fsr-3655	164	1	the	the	DET
fsr-3655	164	2	loan	loan	NOUN
fsr-3655	164	3	to	to	PART
fsr-3655	164	4	value	value	VERB
fsr-3655	164	5	ratio	ratio	NOUN
fsr-3655	164	6	v	v	NOUN
fsr-3655	164	7	is	be	AUX
fsr-3655	164	8	0.8	0.8	NUM
fsr-3655	164	9	and	and	CCONJ
fsr-3655	164	10	debt	debt	NOUN
fsr-3655	164	11	service	service	NOUN
fsr-3655	164	12	ratio	ratio	NOUN
fsr-3655	164	13	k	k	PROPN
fsr-3655	164	14	is	be	AUX
fsr-3655	164	15	0.38	0.38	NUM
fsr-3655	164	16	.	.	PUNCT
fsr-3655	165	1	the	the	DET
fsr-3655	165	2	marginal	marginal	ADJ
fsr-3655	165	3	tax	tax	NOUN
fsr-3655	165	4	rate	rate	NOUN
fsr-3655	165	5	for	for	ADP
fsr-3655	165	6	an	an	DET
fsr-3655	165	7	individual	individual	NOUN
fsr-3655	165	8	is	be	AUX
fsr-3655	165	9	of	of	ADP
fsr-3655	165	10	federally	federally	ADV
fsr-3655	165	11	,	,	PUNCT
fsr-3655	165	12	and	and	CCONJ
fsr-3655	165	13	7s	7	NOUN
fsr-3655	165	14	at	at	ADP
fsr-3655	165	15	the	the	DET
fsr-3655	165	16	state	state	NOUN
fsr-3655	165	17	and	and	CCONJ
fsr-3655	165	18	city	city	NOUN
fsr-3655	165	19	level	level	NOUN
fsr-3655	165	20	.	.	PUNCT
fsr-3655	166	1	the	the	DET
fsr-3655	166	2	tax	tax	NOUN
fsr-3655	166	3	rates	rate	NOUN
fsr-3655	166	4	are	be	AUX
fsr-3655	166	5	specified	specify	VERB
fsr-3655	166	6	for	for	ADP
fsr-3655	166	7	a	a	DET
fsr-3655	166	8	single	single	ADJ
fsr-3655	166	9	person	person	NOUN
fsr-3655	166	10	with	with	ADP
fsr-3655	166	11	no	no	DET
fsr-3655	166	12	dependents	dependent	NOUN
fsr-3655	166	13	,	,	PUNCT
fsr-3655	166	14	with	with	ADP
fsr-3655	166	15	income	income	NOUN
fsr-3655	166	16	only	only	ADV
fsr-3655	166	17	from	from	ADP
fsr-3655	166	18	the	the	DET
fsr-3655	166	19	job	job	NOUN
fsr-3655	166	20	,	,	PUNCT
fsr-3655	166	21	and	and	CCONJ
fsr-3655	166	22	claiming	claim	VERB
fsr-3655	166	23	no	no	DET
fsr-3655	166	24	deductions	deduction	NOUN
fsr-3655	166	25	other	other	ADJ
fsr-3655	166	26	than	than	ADP
fsr-3655	166	27	for	for	ADP
fsr-3655	166	28	real	real	ADJ
fsr-3655	166	29	estate	estate	NOUN
fsr-3655	166	30	.	.	PUNCT
fsr-3655	167	1	the	the	DET
fsr-3655	167	2	tax	tax	NOUN
fsr-3655	167	3	schedules	schedule	NOUN
fsr-3655	167	4	for	for	ADP
fsr-3655	167	5	each	each	DET
fsr-3655	167	6	state	state	NOUN
fsr-3655	167	7	and	and	CCONJ
fsr-3655	167	8	city	city	NOUN
fsr-3655	167	9	are	be	AUX
fsr-3655	167	10	obtained	obtain	VERB
fsr-3655	167	11	from	from	ADP
fsr-3655	167	12	central	central	ADJ
fsr-3655	167	13	clearing	clearing	NOUN
fsr-3655	167	14	house	house	NOUN
fsr-3655	167	15	(	(	PUNCT
fsr-3655	167	16	cch	cch	PROPN
fsr-3655	167	17	)	)	PUNCT
fsr-3655	167	18	,	,	PUNCT
fsr-3655	167	19	state	state	NOUN
fsr-3655	167	20	tax	tax	NOUN
fsr-3655	167	21	handbook	handbook	NOUN
fsr-3655	167	22	.	.	PUNCT
fsr-3655	168	1	the	the	DET
fsr-3655	168	2	combined	combined	ADJ
fsr-3655	168	3	marginal	marginal	ADJ
fsr-3655	168	4	tax	tax	NOUN
fsr-3655	168	5	rate	rate	NOUN
fsr-3655	168	6	is	be	AUX
fsr-3655	168	7	where	where	SCONJ
fsr-3655	168	8	k	k	NOUN
fsr-3655	168	9	=	=	NOUN
fsr-3655	168	10	1	1	NUM
fsr-3655	168	11	if	if	SCONJ
fsr-3655	168	12	federal	federal	ADJ
fsr-3655	168	13	taxes	taxis	NOUN
fsr-3655	168	14	are	be	AUX
fsr-3655	168	15	deductible	deductible	ADJ
fsr-3655	168	16	in	in	ADP
fsr-3655	168	17	calculating	calculate	VERB
fsr-3655	168	18	state	state	NOUN
fsr-3655	168	19	tax	tax	NOUN
fsr-3655	168	20	liability	liability	NOUN
fsr-3655	168	21	,	,	PUNCT
fsr-3655	168	22	and	and	CCONJ
fsr-3655	168	23	zero	zero	NUM
fsr-3655	168	24	otherwise	otherwise	ADV
fsr-3655	168	25	.	.	PUNCT
fsr-3655	169	1	the	the	DET
fsr-3655	169	2	term	term	NOUN
fsr-3655	169	3	(	(	PUNCT
fsr-3655	169	4	1	1	NUM
fsr-3655	169	5	t~)t~	t~)t~	PROPN
fsr-3655	169	6	accounts	account	NOUN
fsr-3655	169	7	for	for	ADP
fsr-3655	169	8	the	the	DET
fsr-3655	169	9	deductibilty	deductibilty	NOUN
fsr-3655	169	10	of	of	ADP
fsr-3655	169	11	state	state	NOUN
fsr-3655	169	12	54	54	NUM
fsr-3655	169	13	financial	financial	ADJ
fsr-3655	169	14	services	service	NOUN
fsr-3655	169	15	review	review	NOUN
fsr-3655	169	16	,	,	PUNCT
fsr-3655	169	17	l(1	l(1	PROPN
fsr-3655	169	18	)	)	PUNCT
fsr-3655	169	19	1991	1991	NUM
fsr-3655	169	20	taxes	taxis	NOUN
fsr-3655	169	21	in	in	ADP
fsr-3655	169	22	calculating	calculate	VERB
fsr-3655	169	23	federal	federal	ADJ
fsr-3655	169	24	liability	liability	NOUN
fsr-3655	169	25	.	.	PUNCT
fsr-3655	170	1	the	the	DET
fsr-3655	170	2	depreciation	depreciation	NOUN
fsr-3655	170	3	rate	rate	NOUN
fsr-3655	170	4	6	6	NUM
fsr-3655	170	5	is	be	AUX
fsr-3655	170	6	l/27.5	l/27.5	NOUN
fsr-3655	170	7	to	to	PART
fsr-3655	170	8	correspond	correspond	VERB
fsr-3655	170	9	to	to	ADP
fsr-3655	170	10	the	the	DET
fsr-3655	170	11	rate	rate	NOUN
fsr-3655	170	12	on	on	ADP
fsr-3655	170	13	residential	residential	ADJ
fsr-3655	170	14	property	property	NOUN
fsr-3655	170	15	under	under	ADP
fsr-3655	170	16	the	the	DET
fsr-3655	170	17	1986	1986	NUM
fsr-3655	170	18	tax	tax	NOUN
fsr-3655	170	19	reform	reform	NOUN
fsr-3655	170	20	act	act	NOUN
fsr-3655	170	21	,	,	PUNCT
fsr-3655	170	22	and	and	CCONJ
fsr-3655	170	23	the	the	DET
fsr-3655	170	24	purchase	purchase	NOUN
fsr-3655	170	25	price	price	NOUN
fsr-3655	170	26	set	set	VERB
fsr-3655	170	27	at	at	ADP
fsr-3655	170	28	two	two	NUM
fsr-3655	170	29	-	-	PUNCT
fsr-3655	170	30	thirds	third	NOUN
fsr-3655	170	31	depreciable	depreciable	ADJ
fsr-3655	170	32	.	.	PUNCT
fsr-3655	171	1	the	the	DET
fsr-3655	171	2	holding	hold	VERB
fsr-3655	171	3	period	period	NOUN
fsr-3655	171	4	is	be	AUX
fsr-3655	171	5	five	five	NUM
fsr-3655	171	6	years	year	NOUN
fsr-3655	171	7	and	and	CCONJ
fsr-3655	171	8	the	the	DET
fsr-3655	171	9	rate	rate	NOUN
fsr-3655	171	10	(	(	PUNCT
fsr-3655	171	11	y	y	PROPN
fsr-3655	171	12	is	be	AUX
fsr-3655	171	13	used	use	VERB
fsr-3655	171	14	for	for	ADP
fsr-3655	171	15	discounting	discount	VERB
fsr-3655	171	16	,	,	PUNCT
fsr-3655	171	17	yielding	yield	VERB
fsr-3655	171	18	an	an	DET
fsr-3655	171	19	effective	effective	ADJ
fsr-3655	171	20	depreciation	depreciation	NOUN
fsr-3655	171	21	rate	rate	NOUN
fsr-3655	171	22	6	6	NUM
fsr-3655	171	23	.	.	PUNCT
fsr-3655	172	1	a	a	DET
fsr-3655	172	2	real	real	ADJ
fsr-3655	172	3	estate	estate	NOUN
fsr-3655	172	4	commission	commission	NOUN
fsr-3655	172	5	of	of	ADP
fsr-3655	172	6	6	6	NUM
fsr-3655	172	7	%	%	NOUN
fsr-3655	172	8	is	be	AUX
fsr-3655	172	9	payable	payable	ADJ
fsr-3655	172	10	on	on	ADP
fsr-3655	172	11	sale	sale	NOUN
fsr-3655	172	12	.	.	PUNCT
fsr-3655	173	1	the	the	DET
fsr-3655	173	2	returns	return	NOUN
fsr-3655	173	3	e	e	NOUN
fsr-3655	173	4	and	and	CCONJ
fsr-3655	173	5	e	e	NOUN
fsr-3655	173	6	,	,	PUNCT
fsr-3655	173	7	are	be	AUX
fsr-3655	173	8	constructed	construct	VERB
fsr-3655	173	9	for	for	ADP
fsr-3655	173	10	a	a	DET
fsr-3655	173	11	job	job	NOUN
fsr-3655	173	12	seeker	seeker	NOUN
fsr-3655	173	13	choosing	choose	VERB
fsr-3655	173	14	between	between	ADP
fsr-3655	173	15	locations	location	NOUN
fsr-3655	173	16	in	in	ADP
fsr-3655	173	17	1989	1989	NUM
fsr-3655	173	18	and	and	CCONJ
fsr-3655	173	19	planning	planning	NOUN
fsr-3655	173	20	to	to	PART
fsr-3655	173	21	purchase	purchase	VERB
fsr-3655	173	22	and	and	CCONJ
fsr-3655	173	23	hold	hold	VERB
fsr-3655	173	24	a	a	DET
fsr-3655	173	25	house	house	NOUN
fsr-3655	173	26	for	for	ADP
fsr-3655	173	27	1989	1989	NUM
fsr-3655	173	28	-	-	SYM
fsr-3655	173	29	1994	1994	NUM
fsr-3655	173	30	.	.	PUNCT
fsr-3655	174	1	the	the	DET
fsr-3655	174	2	data	datum	NOUN
fsr-3655	174	3	on	on	ADP
fsr-3655	174	4	all	all	DET
fsr-3655	174	5	variables	variable	NOUN
fsr-3655	174	6	except	except	SCONJ
fsr-3655	174	7	the	the	DET
fsr-3655	174	8	cap	cap	NOUN
fsr-3655	174	9	rate	rate	NOUN
fsr-3655	174	10	k	k	PROPN
fsr-3655	174	11	and	and	CCONJ
fsr-3655	174	12	expected	expect	VERB
fsr-3655	174	13	appreciation	appreciation	NOUN
fsr-3655	174	14	p	p	NOUN
fsr-3655	174	15	are	be	AUX
fsr-3655	174	16	for	for	ADP
fsr-3655	174	17	1989	1989	NUM
fsr-3655	174	18	.	.	PUNCT
fsr-3655	175	1	the	the	DET
fsr-3655	175	2	average	average	ADJ
fsr-3655	175	3	cap	cap	NOUN
fsr-3655	175	4	rate	rate	NOUN
fsr-3655	175	5	over	over	ADP
fsr-3655	175	6	1986	1986	NUM
fsr-3655	175	7	-	-	SYM
fsr-3655	175	8	1989	1989	NUM
fsr-3655	175	9	is	be	AUX
fsr-3655	175	10	used	use	VERB
fsr-3655	175	11	for	for	SCONJ
fsr-3655	175	12	k.	k.	PROPN
fsr-3655	175	13	two	two	NUM
fsr-3655	175	14	specifications	specification	NOUN
fsr-3655	175	15	on	on	ADP
fsr-3655	175	16	expected	expect	VERB
fsr-3655	175	17	appreciationp	appreciationp	NOUN
fsr-3655	175	18	are	be	AUX
fsr-3655	175	19	used	use	VERB
fsr-3655	175	20	.	.	PUNCT
fsr-3655	176	1	the	the	DET
fsr-3655	176	2	first	first	ADJ
fsr-3655	176	3	is	be	AUX
fsr-3655	176	4	that	that	SCONJ
fsr-3655	176	5	the	the	DET
fsr-3655	176	6	sample	sample	NOUN
fsr-3655	176	7	mean	mean	NOUN
fsr-3655	176	8	rate	rate	NOUN
fsr-3655	176	9	for	for	ADP
fsr-3655	176	10	1986	1986	NUM
fsr-3655	176	11	-	-	SYM
fsr-3655	176	12	1989	1989	NUM
fsr-3655	176	13	will	will	AUX
fsr-3655	176	14	obtain	obtain	VERB
fsr-3655	176	15	for	for	ADP
fsr-3655	176	16	the	the	DET
fsr-3655	176	17	holding	hold	VERB
fsr-3655	176	18	period	period	NOUN
fsr-3655	176	19	1989	1989	NUM
fsr-3655	176	20	-	-	SYM
fsr-3655	176	21	1994	1994	NUM
fsr-3655	176	22	.	.	PUNCT
fsr-3655	177	1	the	the	DET
fsr-3655	177	2	second	second	NOUN
fsr-3655	177	3	is	be	AUX
fsr-3655	177	4	a	a	DET
fsr-3655	177	5	truncation	truncation	NOUN
fsr-3655	177	6	.	.	PUNCT
fsr-3655	178	1	for	for	ADP
fsr-3655	178	2	locations	location	NOUN
fsr-3655	178	3	with	with	ADP
fsr-3655	178	4	above	above	ADP
fsr-3655	178	5	average	average	ADJ
fsr-3655	178	6	rates	rate	NOUN
fsr-3655	178	7	of	of	ADP
fsr-3655	178	8	appreciation	appreciation	NOUN
fsr-3655	178	9	,	,	PUNCT
fsr-3655	178	10	the	the	DET
fsr-3655	178	11	lowest	low	ADJ
fsr-3655	178	12	observed	observe	VERB
fsr-3655	178	13	increase	increase	NOUN
fsr-3655	178	14	during	during	ADP
fsr-3655	178	15	1986	1986	NUM
fsr-3655	178	16	-	-	SYM
fsr-3655	178	17	1989	1989	NUM
fsr-3655	178	18	is	be	AUX
fsr-3655	178	19	used	use	VERB
fsr-3655	178	20	to	to	PART
fsr-3655	178	21	project	project	VERB
fsr-3655	178	22	the	the	DET
fsr-3655	178	23	returns	return	NOUN
fsr-3655	178	24	for	for	ADP
fsr-3655	178	25	1989	1989	NUM
fsr-3655	178	26	-	-	SYM
fsr-3655	178	27	1994	1994	NUM
fsr-3655	178	28	.	.	PUNCT
fsr-3655	179	1	for	for	ADP
fsr-3655	179	2	locations	location	NOUN
fsr-3655	179	3	with	with	ADP
fsr-3655	179	4	below	below	ADP
fsr-3655	179	5	average	average	ADJ
fsr-3655	179	6	increases	increase	NOUN
fsr-3655	179	7	,	,	PUNCT
fsr-3655	179	8	the	the	DET
fsr-3655	179	9	highest	high	ADJ
fsr-3655	179	10	observed	observed	ADJ
fsr-3655	179	11	increase	increase	NOUN
fsr-3655	179	12	is	be	AUX
fsr-3655	179	13	used	use	VERB
fsr-3655	179	14	.	.	PUNCT
fsr-3655	180	1	the	the	DET
fsr-3655	180	2	smaller	small	ADJ
fsr-3655	180	3	of	of	ADP
fsr-3655	180	4	the	the	DET
fsr-3655	180	5	two	two	NUM
fsr-3655	180	6	expected	expect	VERB
fsr-3655	180	7	appreciation	appreciation	NOUN
fsr-3655	180	8	rates	rate	NOUN
fsr-3655	180	9	is	be	AUX
fsr-3655	180	10	used	use	VERB
fsr-3655	180	11	for	for	ADP
fsr-3655	180	12	p.	p.	NOUN
fsr-3655	180	13	the	the	DET
fsr-3655	180	14	sufficient	sufficient	ADJ
fsr-3655	180	15	statistic	statistic	NOUN
fsr-3655	180	16	tests	test	NOUN
fsr-3655	180	17	are	be	AUX
fsr-3655	180	18	applied	apply	VERB
fsr-3655	180	19	to	to	ADP
fsr-3655	180	20	a	a	DET
fsr-3655	180	21	sample	sample	NOUN
fsr-3655	180	22	of	of	ADP
fsr-3655	180	23	new	new	ADJ
fsr-3655	180	24	labor	labor	NOUN
fsr-3655	180	25	market	market	NOUN
fsr-3655	180	26	entrants	entrant	NOUN
fsr-3655	180	27	with	with	ADP
fsr-3655	180	28	professional	professional	ADJ
fsr-3655	180	29	degrees	degree	NOUN
fsr-3655	180	30	.	.	PUNCT
fsr-3655	181	1	the	the	DET
fsr-3655	181	2	survey	survey	NOUN
fsr-3655	181	3	was	be	AUX
fsr-3655	181	4	administered	administer	VERB
fsr-3655	181	5	for	for	ADP
fsr-3655	181	6	jobs	job	NOUN
fsr-3655	181	7	commencing	commence	VERB
fsr-3655	181	8	in	in	ADP
fsr-3655	181	9	1989	1989	NUM
fsr-3655	181	10	.	.	PUNCT
fsr-3655	182	1	respondents	respondent	NOUN
fsr-3655	182	2	were	be	AUX
fsr-3655	182	3	asked	ask	VERB
fsr-3655	182	4	to	to	PART
fsr-3655	182	5	report	report	VERB
fsr-3655	182	6	details	detail	NOUN
fsr-3655	182	7	on	on	ADP
fsr-3655	182	8	all	all	DET
fsr-3655	182	9	job	job	NOUN
fsr-3655	182	10	offers	offer	NOUN
fsr-3655	182	11	,	,	PUNCT
fsr-3655	182	12	including	include	VERB
fsr-3655	182	13	compensation	compensation	NOUN
fsr-3655	182	14	.	.	PUNCT
fsr-3655	183	1	fringe	fringe	NOUN
fsr-3655	183	2	benefits	benefit	NOUN
fsr-3655	183	3	such	such	ADJ
fsr-3655	183	4	as	as	ADP
fsr-3655	183	5	pension	pension	NOUN
fsr-3655	183	6	plans	plan	NOUN
fsr-3655	183	7	,	,	PUNCT
fsr-3655	183	8	health	health	NOUN
fsr-3655	183	9	coverage	coverage	NOUN
fsr-3655	183	10	and	and	CCONJ
fsr-3655	183	11	moving	move	VERB
fsr-3655	183	12	allowances	allowance	NOUN
fsr-3655	183	13	were	be	AUX
fsr-3655	183	14	surveyed	survey	VERB
fsr-3655	183	15	.	.	PUNCT
fsr-3655	184	1	the	the	DET
fsr-3655	184	2	location	location	NOUN
fsr-3655	184	3	of	of	ADP
fsr-3655	184	4	each	each	DET
fsr-3655	184	5	employer	employer	NOUN
fsr-3655	184	6	was	be	AUX
fsr-3655	184	7	asked	ask	VERB
fsr-3655	184	8	.	.	PUNCT
fsr-3655	185	1	the	the	DET
fsr-3655	185	2	respondents	respondent	NOUN
fsr-3655	185	3	coded	code	VERB
fsr-3655	185	4	the	the	DET
fsr-3655	185	5	jobs	job	NOUN
fsr-3655	185	6	in	in	ADP
fsr-3655	185	7	the	the	DET
fsr-3655	185	8	order	order	NOUN
fsr-3655	185	9	in	in	ADP
fsr-3655	185	10	which	which	PRON
fsr-3655	185	11	offers	offer	NOUN
fsr-3655	185	12	were	be	AUX
fsr-3655	185	13	recieved	recieve	VERB
fsr-3655	185	14	,	,	PUNCT
fsr-3655	185	15	and	and	CCONJ
fsr-3655	185	16	indicated	indicate	VERB
fsr-3655	185	17	which	which	DET
fsr-3655	185	18	offer	offer	NOUN
fsr-3655	185	19	was	be	AUX
fsr-3655	185	20	selected	select	VERB
fsr-3655	185	21	.	.	PUNCT
fsr-3655	186	1	the	the	DET
fsr-3655	186	2	number	number	NOUN
fsr-3655	186	3	of	of	ADP
fsr-3655	186	4	respondents	respondent	NOUN
fsr-3655	186	5	was	be	AUX
fsr-3655	186	6	189	189	NUM
fsr-3655	186	7	,	,	PUNCT
fsr-3655	186	8	and	and	CCONJ
fsr-3655	186	9	only	only	ADV
fsr-3655	186	10	those	those	PRON
fsr-3655	186	11	reporting	report	VERB
fsr-3655	186	12	at	at	ADP
fsr-3655	186	13	least	least	ADV
fsr-3655	186	14	two	two	NUM
fsr-3655	186	15	job	job	NOUN
fsr-3655	186	16	offers	offer	NOUN
fsr-3655	186	17	in	in	ADP
fsr-3655	186	18	different	different	ADJ
fsr-3655	186	19	locations	location	NOUN
fsr-3655	186	20	were	be	AUX
fsr-3655	186	21	included	include	VERB
fsr-3655	186	22	in	in	ADP
fsr-3655	186	23	the	the	DET
fsr-3655	186	24	sample	sample	NOUN
fsr-3655	186	25	.	.	PUNCT
fsr-3655	187	1	this	this	PRON
fsr-3655	187	2	reduced	reduce	VERB
fsr-3655	187	3	the	the	DET
fsr-3655	187	4	sample	sample	NOUN
fsr-3655	187	5	size	size	NOUN
fsr-3655	187	6	to	to	ADP
fsr-3655	187	7	136	136	NUM
fsr-3655	187	8	,	,	PUNCT
fsr-3655	187	9	with	with	ADP
fsr-3655	187	10	395	395	NUM
fsr-3655	187	11	total	total	ADJ
fsr-3655	187	12	offers	offer	NOUN
fsr-3655	187	13	.	.	PUNCT
fsr-3655	188	1	the	the	DET
fsr-3655	188	2	largest	large	ADJ
fsr-3655	188	3	number	number	NOUN
fsr-3655	188	4	of	of	ADP
fsr-3655	188	5	job	job	NOUN
fsr-3655	188	6	offers	offer	NOUN
fsr-3655	188	7	recieved	recieve	VERB
fsr-3655	188	8	by	by	ADP
fsr-3655	188	9	one	one	NUM
fsr-3655	188	10	individual	individual	NOUN
fsr-3655	188	11	was	be	AUX
fsr-3655	188	12	12	12	NUM
fsr-3655	188	13	.	.	PUNCT
fsr-3655	189	1	the	the	DET
fsr-3655	189	2	jobs	job	NOUN
fsr-3655	189	3	represent	represent	VERB
fsr-3655	189	4	the	the	DET
fsr-3655	189	5	set	set	NOUN
fsr-3655	189	6	of	of	ADP
fsr-3655	189	7	offers	offer	NOUN
fsr-3655	189	8	that	that	SCONJ
fsr-3655	189	9	an	an	DET
fsr-3655	189	10	individual	individual	NOUN
fsr-3655	189	11	received	receive	VERB
fsr-3655	189	12	,	,	PUNCT
fsr-3655	189	13	rather	rather	ADV
fsr-3655	189	14	than	than	ADP
fsr-3655	189	15	comparing	compare	VERB
fsr-3655	189	16	an	an	DET
fsr-3655	189	17	observed	observed	ADJ
fsr-3655	189	18	wage	wage	NOUN
fsr-3655	189	19	with	with	ADP
fsr-3655	189	20	a	a	DET
fsr-3655	189	21	hypothetical	hypothetical	ADJ
fsr-3655	189	22	alternative	alternative	NOUN
fsr-3655	189	23	.	.	PUNCT
fsr-3655	190	1	problems	problem	NOUN
fsr-3655	190	2	of	of	ADP
fsr-3655	190	3	self	self	NOUN
fsr-3655	190	4	selection	selection	NOUN
fsr-3655	190	5	by	by	ADP
fsr-3655	190	6	employees	employee	NOUN
fsr-3655	190	7	in	in	ADP
fsr-3655	190	8	choosing	choose	VERB
fsr-3655	190	9	employers	employer	NOUN
fsr-3655	190	10	,	,	PUNCT
fsr-3655	190	11	and	and	CCONJ
fsr-3655	190	12	of	of	ADP
fsr-3655	190	13	employers	employer	NOUN
fsr-3655	190	14	in	in	ADP
fsr-3655	190	15	making	make	VERB
fsr-3655	190	16	offers	offer	NOUN
fsr-3655	190	17	,	,	PUNCT
fsr-3655	190	18	are	be	AUX
fsr-3655	190	19	largely	largely	ADV
fsr-3655	190	20	eliminated	eliminate	VERB
fsr-3655	190	21	.	.	PUNCT
fsr-3655	191	1	by	by	ADP
fsr-3655	191	2	matching	match	VERB
fsr-3655	191	3	the	the	DET
fsr-3655	191	4	job	job	NOUN
fsr-3655	191	5	offer	offer	NOUN
fsr-3655	191	6	,	,	PUNCT
fsr-3655	191	7	salary	salary	NOUN
fsr-3655	191	8	and	and	CCONJ
fsr-3655	191	9	employer	employer	NOUN
fsr-3655	191	10	data	datum	NOUN
fsr-3655	191	11	with	with	ADP
fsr-3655	191	12	the	the	DET
fsr-3655	191	13	161	161	NUM
fsr-3655	191	14	metropolitan	metropolitan	ADJ
fsr-3655	191	15	area	area	NOUN
fsr-3655	191	16	file	file	NOUN
fsr-3655	191	17	,	,	PUNCT
fsr-3655	191	18	a	a	DET
fsr-3655	191	19	tax	tax	NOUN
fsr-3655	191	20	rate	rate	NOUN
fsr-3655	191	21	is	be	AUX
fsr-3655	191	22	obtained	obtain	VERB
fsr-3655	191	23	,	,	PUNCT
fsr-3655	191	24	determining	determine	VERB
fsr-3655	191	25	y.	y.	NOUN
fsr-3655	191	26	the	the	DET
fsr-3655	191	27	locational	locational	ADJ
fsr-3655	191	28	file	file	NOUN
fsr-3655	191	29	provides	provide	VERB
fsr-3655	191	30	data	datum	NOUN
fsr-3655	191	31	on	on	ADP
fsr-3655	191	32	the	the	DET
fsr-3655	191	33	real	real	ADJ
fsr-3655	191	34	estate	estate	NOUN
fsr-3655	191	35	market	market	NOUN
fsr-3655	191	36	,	,	PUNCT
fsr-3655	191	37	including	include	VERB
fsr-3655	191	38	cap	cap	NOUN
fsr-3655	191	39	rate	rate	NOUN
fsr-3655	191	40	k	k	PROPN
fsr-3655	191	41	and	and	CCONJ
fsr-3655	191	42	returns	return	NOUN
fsr-3655	191	43	to	to	ADP
fsr-3655	191	44	real	real	ADJ
fsr-3655	191	45	estate	estate	NOUN
fsr-3655	191	46	.	.	PUNCT
fsr-3655	192	1	the	the	DET
fsr-3655	192	2	remaining	remain	VERB
fsr-3655	192	3	variable	variable	NOUN
fsr-3655	192	4	is	be	AUX
fsr-3655	192	5	the	the	DET
fsr-3655	192	6	price	price	NOUN
fsr-3655	192	7	of	of	ADP
fsr-3655	192	8	other	other	ADJ
fsr-3655	192	9	goods	good	NOUN
fsr-3655	192	10	and	and	CCONJ
fsr-3655	192	11	services	service	NOUN
fsr-3655	192	12	q.	q.	PROPN
fsr-3655	192	13	for	for	ADP
fsr-3655	192	14	cities	city	NOUN
fsr-3655	192	15	covered	cover	VERB
fsr-3655	192	16	by	by	ADP
fsr-3655	192	17	a	a	DET
fsr-3655	192	18	consumer	consumer	NOUN
fsr-3655	192	19	price	price	NOUN
fsr-3655	192	20	index	index	NOUN
fsr-3655	192	21	,	,	PUNCT
fsr-3655	192	22	this	this	DET
fsr-3655	192	23	level	level	NOUN
fsr-3655	192	24	in	in	ADP
fsr-3655	192	25	july	july	PROPN
fsr-3655	192	26	1989	1989	NUM
fsr-3655	192	27	is	be	AUX
fsr-3655	192	28	used	use	VERB
fsr-3655	192	29	.	.	PUNCT
fsr-3655	193	1	for	for	ADP
fsr-3655	193	2	cities	city	NOUN
fsr-3655	193	3	not	not	PART
fsr-3655	193	4	covered	cover	VERB
fsr-3655	193	5	,	,	PUNCT
fsr-3655	193	6	the	the	DET
fsr-3655	193	7	cpi	cpi	NOUN
fsr-3655	193	8	for	for	ADP
fsr-3655	193	9	the	the	DET
fsr-3655	193	10	united	united	PROPN
fsr-3655	193	11	states	states	PROPN
fsr-3655	193	12	is	be	AUX
fsr-3655	193	13	used	use	VERB
fsr-3655	193	14	.	.	PUNCT
fsr-3655	194	1	the	the	DET
fsr-3655	194	2	salary	salary	NOUN
fsr-3655	194	3	offer	offer	VERB
fsr-3655	194	4	y	y	PROPN
fsr-3655	194	5	determines	determine	VERB
fsr-3655	194	6	the	the	DET
fsr-3655	194	7	maximum	maximum	ADJ
fsr-3655	194	8	level	level	NOUN
fsr-3655	194	9	of	of	ADP
fsr-3655	194	10	house	house	NOUN
fsr-3655	194	11	purchasable	purchasable	ADJ
fsr-3655	194	12	v	v	NOUN
fsr-3655	194	13	,	,	PUNCT
fsr-3655	194	14	given	give	VERB
fsr-3655	194	15	the	the	DET
fsr-3655	194	16	qualification	qualification	NOUN
fsr-3655	194	17	algorithm	algorithm	NOUN
fsr-3655	194	18	.	.	PUNCT
fsr-3655	195	1	this	this	PRON
fsr-3655	195	2	determines	determine	VERB
fsr-3655	195	3	the	the	DET
fsr-3655	195	4	two	two	NUM
fsr-3655	195	5	types	type	NOUN
fsr-3655	195	6	of	of	ADP
fsr-3655	195	7	real	real	ADJ
fsr-3655	195	8	estate	estate	NOUN
fsr-3655	195	9	income	income	NOUN
fsr-3655	195	10	(	(	PUNCT
fsr-3655	195	11	k	k	X
fsr-3655	195	12	u	u	NOUN
fsr-3655	195	13	)	)	PUNCT
fsr-3655	195	14	v	v	NOUN
fsr-3655	195	15	for	for	ADP
fsr-3655	195	16	the	the	DET
fsr-3655	195	17	owner	owner	NOUN
fsr-3655	195	18	as	as	ADP
fsr-3655	195	19	investor	investor	NOUN
fsr-3655	195	20	,	,	PUNCT
fsr-3655	195	21	and	and	CCONJ
fsr-3655	195	22	the	the	DET
fsr-3655	195	23	premium	premium	NOUN
fsr-3655	195	24	cf	cf	NOUN
fsr-3655	195	25	.	.	PUNCT
fsr-3655	196	1	the	the	DET
fsr-3655	196	2	rate	rate	NOUN
fsr-3655	196	3	of	of	ADP
fsr-3655	196	4	return	return	NOUN
fsr-3655	196	5	k	k	PROPN
fsr-3655	196	6	u	u	NOUN
fsr-3655	196	7	and	and	CCONJ
fsr-3655	196	8	ownership	ownership	NOUN
fsr-3655	196	9	premium	premium	NOUN
fsr-3655	196	10	c	c	PROPN
fsr-3655	196	11	are	be	AUX
fsr-3655	196	12	the	the	DET
fsr-3655	196	13	same	same	ADJ
fsr-3655	196	14	for	for	ADP
fsr-3655	196	15	all	all	DET
fsr-3655	196	16	job	job	NOUN
fsr-3655	196	17	offers	offer	NOUN
fsr-3655	196	18	within	within	ADP
fsr-3655	196	19	a	a	DET
fsr-3655	196	20	location	location	NOUN
fsr-3655	196	21	.	.	PUNCT
fsr-3655	197	1	the	the	DET
fsr-3655	197	2	potential	potential	ADJ
fsr-3655	197	3	house	house	NOUN
fsr-3655	197	4	size	size	NOUN
fsr-3655	197	5	v	v	ADP
fsr-3655	197	6	differs	differ	NOUN
fsr-3655	197	7	,	,	PUNCT
fsr-3655	197	8	depending	depend	VERB
fsr-3655	197	9	on	on	ADP
fsr-3655	197	10	the	the	DET
fsr-3655	197	11	salary	salary	NOUN
fsr-3655	197	12	offer	offer	NOUN
fsr-3655	197	13	.	.	PUNCT
fsr-3655	198	1	real	real	ADJ
fsr-3655	198	2	estate	estate	NOUN
fsr-3655	198	3	income	income	NOUN
fsr-3655	198	4	and	and	CCONJ
fsr-3655	198	5	relocation	relocation	NOUN
fsr-3655	198	6	55	55	NUM
fsr-3655	198	7	5	5	NUM
fsr-3655	198	8	.	.	NOUN
fsr-3655	198	9	specification	specification	NOUN
fsr-3655	198	10	and	and	CCONJ
fsr-3655	198	11	empirical	empirical	ADJ
fsr-3655	198	12	results	result	NOUN
fsr-3655	198	13	the	the	DET
fsr-3655	198	14	indirect	indirect	ADJ
fsr-3655	198	15	utility	utility	NOUN
fsr-3655	198	16	function	function	NOUN
fsr-3655	198	17	is	be	AUX
fsr-3655	198	18	akv	akv	PROPN
fsr-3655	198	19	,	,	PUNCT
fsr-3655	198	20	q,(l	q,(l	NUM
fsr-3655	198	21	t	t	PROPN
fsr-3655	198	22	)	)	PUNCT
fsr-3655	198	23	y,(k	y,(k	X
fsr-3655	198	24	u	u	NOUN
fsr-3655	198	25	)	)	PUNCT
fsr-3655	198	26	v	v	PROPN
fsr-3655	198	27	,	,	PUNCT
fsr-3655	198	28	cv	cv	PROPN
fsr-3655	198	29	:	:	PUNCT
fsr-3655	198	30	w	w	X
fsr-3655	198	31	]	]	X
fsr-3655	198	32	,	,	PUNCT
fsr-3655	198	33	in	in	ADP
fsr-3655	198	34	real	real	ADJ
fsr-3655	198	35	estate	estate	NOUN
fsr-3655	198	36	rents	rent	NOUN
fsr-3655	198	37	,	,	PUNCT
fsr-3655	198	38	prices	price	NOUN
fsr-3655	198	39	of	of	ADP
fsr-3655	198	40	other	other	ADJ
fsr-3655	198	41	goods	good	NOUN
fsr-3655	198	42	,	,	PUNCT
fsr-3655	198	43	cash	cash	NOUN
fsr-3655	198	44	income	income	NOUN
fsr-3655	198	45	,	,	PUNCT
fsr-3655	198	46	investor	investor	NOUN
fsr-3655	198	47	and	and	CCONJ
fsr-3655	198	48	owner	owner	NOUN
fsr-3655	198	49	premium	premium	NOUN
fsr-3655	198	50	real	real	ADJ
fsr-3655	198	51	estate	estate	NOUN
fsr-3655	198	52	income	income	NOUN
fsr-3655	198	53	,	,	PUNCT
fsr-3655	198	54	and	and	CCONJ
fsr-3655	198	55	other	other	ADJ
fsr-3655	198	56	characteristics	characteristic	NOUN
fsr-3655	198	57	w.	w.	PROPN
fsr-3655	198	58	the	the	DET
fsr-3655	198	59	natural	natural	ADJ
fsr-3655	198	60	logarithms	logarithm	NOUN
fsr-3655	198	61	of	of	ADP
fsr-3655	198	62	the	the	DET
fsr-3655	198	63	first	first	ADJ
fsr-3655	198	64	five	five	NUM
fsr-3655	198	65	arguments	argument	NOUN
fsr-3655	198	66	are	be	AUX
fsr-3655	198	67	x	x	X
fsr-3655	198	68	,	,	PUNCT
fsr-3655	198	69	,	,	PUNCT
fsr-3655	198	70	n	n	PROPN
fsr-3655	198	71	=	=	SYM
fsr-3655	198	72	i	i	PROPN
fsr-3655	198	73	,	,	PUNCT
fsr-3655	198	74	...	...	PUNCT
fsr-3655	198	75	,	,	PUNCT
fsr-3655	198	76	5	5	X
fsr-3655	198	77	.	.	PUNCT
fsr-3655	199	1	the	the	DET
fsr-3655	199	2	remaining	remain	VERB
fsr-3655	199	3	xn	xn	PROPN
fsr-3655	199	4	,	,	PUNCT
fsr-3655	199	5	iz	iz	ADP
fsr-3655	199	6	=	=	NOUN
fsr-3655	199	7	6	6	NUM
fsr-3655	199	8	,	,	PUNCT
fsr-3655	199	9	...	...	PUNCT
fsr-3655	199	10	,	,	PUNCT
fsr-3655	199	11	n	n	PRON
fsr-3655	199	12	are	be	AUX
fsr-3655	199	13	characteristics	characteristic	NOUN
fsr-3655	199	14	of	of	ADP
fsr-3655	199	15	w.	w.	PROPN
fsr-3655	199	16	if	if	SCONJ
fsr-3655	199	17	the	the	DET
fsr-3655	199	18	indirect	indirect	ADJ
fsr-3655	199	19	utility	utility	NOUN
fsr-3655	199	20	function	function	NOUN
fsr-3655	199	21	has	have	VERB
fsr-3655	199	22	a	a	DET
fsr-3655	199	23	logarithmic	logarithmic	ADJ
fsr-3655	199	24	form	form	NOUN
fsr-3655	199	25	in	in	ADP
fsr-3655	199	26	f	f	PROPN
fsr-3655	199	27	=	=	PUNCT
fsr-3655	199	28	?	?	PUNCT
fsr-3655	200	1	&	&	CCONJ
fsr-3655	200	2	xn	xn	PROPN
fsr-3655	201	1	+	+	NUM
fsr-3655	201	2	e	e	X
fsr-3655	201	3	(	(	PUNCT
fsr-3655	201	4	15	15	NUM
fsr-3655	201	5	)	)	PUNCT
fsr-3655	201	6	n	n	CCONJ
fsr-3655	201	7	=	=	NOUN
fsr-3655	201	8	cl	cl	NOUN
fsr-3655	201	9	where	where	SCONJ
fsr-3655	201	10	xo	xo	PROPN
fsr-3655	201	11	denotes	denote	VERB
fsr-3655	201	12	an	an	DET
fsr-3655	201	13	intercept	intercept	NOUN
fsr-3655	201	14	,	,	PUNCT
fsr-3655	201	15	p	p	X
fsr-3655	201	16	,	,	PUNCT
fsr-3655	201	17	,	,	PUNCT
fsr-3655	201	18	,	,	PUNCT
fsr-3655	201	19	ii	ii	PROPN
fsr-3655	201	20	=	=	SYM
fsr-3655	201	21	o	o	PROPN
fsr-3655	201	22	,	,	PUNCT
fsr-3655	201	23	...	...	PUNCT
fsr-3655	201	24	,	,	PUNCT
fsr-3655	201	25	n	n	PRON
fsr-3655	201	26	are	be	AUX
fsr-3655	201	27	parameters	parameter	NOUN
fsr-3655	201	28	and	and	CCONJ
fsr-3655	201	29	e	e	NOUN
fsr-3655	201	30	is	be	AUX
fsr-3655	201	31	an	an	DET
fsr-3655	201	32	additive	additive	ADJ
fsr-3655	201	33	error	error	NOUN
fsr-3655	201	34	.	.	PUNCT
fsr-3655	202	1	the	the	DET
fsr-3655	202	2	coefficients	coefficient	NOUN
fsr-3655	202	3	of	of	ADP
fsr-3655	202	4	cash	cash	NOUN
fsr-3655	202	5	income	income	NOUN
fsr-3655	202	6	y	y	PROPN
fsr-3655	202	7	,	,	PUNCT
fsr-3655	202	8	investor	investor	NOUN
fsr-3655	202	9	real	real	ADJ
fsr-3655	202	10	estate	estate	NOUN
fsr-3655	202	11	income	income	NOUN
fsr-3655	202	12	(	(	PUNCT
fsr-3655	202	13	k	k	X
fsr-3655	202	14	u	u	NOUN
fsr-3655	202	15	)	)	PUNCT
fsr-3655	202	16	v	v	NOUN
fsr-3655	202	17	and	and	CCONJ
fsr-3655	202	18	premium	premium	ADJ
fsr-3655	202	19	income	income	NOUN
fsr-3655	202	20	cv	cv	PROPN
fsr-3655	202	21	are	be	AUX
fsr-3655	202	22	,	,	PUNCT
fsr-3655	202	23	respectively	respectively	ADV
fsr-3655	202	24	,	,	PUNCT
fsr-3655	202	25	/33	/33	PRON
fsr-3655	202	26	,	,	PUNCT
fsr-3655	202	27	/l	/l	PUNCT
fsr-3655	202	28	,	,	PUNCT
fsr-3655	202	29	and	and	CCONJ
fsr-3655	202	30	ps	ps	INTJ
fsr-3655	202	31	.	.	PUNCT
fsr-3655	203	1	the	the	DET
fsr-3655	203	2	parameters	parameter	NOUN
fsr-3655	203	3	are	be	AUX
fsr-3655	203	4	identified	identify	VERB
fsr-3655	203	5	by	by	ADP
fsr-3655	203	6	/34	/34	PUNCT
fsr-3655	204	1	=	=	SYM
fsr-3655	204	2	fikp3	fikp3	NOUN
fsr-3655	204	3	p5	p5	NOUN
fsr-3655	204	4	=	=	SYM
fsr-3655	204	5	pcp3	pcp3	PROPN
fsr-3655	204	6	(	(	PUNCT
fsr-3655	204	7	16	16	NUM
fsr-3655	204	8	)	)	PUNCT
fsr-3655	204	9	the	the	DET
fsr-3655	204	10	indicator	indicator	NOUN
fsr-3655	204	11	variable	variable	NOUN
fsr-3655	204	12	4	4	NUM
fsr-3655	204	13	=	=	SYM
fsr-3655	204	14	1	1	NUM
fsr-3655	204	15	if	if	SCONJ
fsr-3655	204	16	location	location	PROPN
fsr-3655	204	17	j	j	PROPN
fsr-3655	204	18	is	be	AUX
fsr-3655	204	19	selected	select	VERB
fsr-3655	204	20	,	,	PUNCT
fsr-3655	204	21	and	and	CCONJ
fsr-3655	204	22	zero	zero	NUM
fsr-3655	204	23	otherwise	otherwise	ADV
fsr-3655	204	24	,	,	PUNCT
fsr-3655	204	25	withbj=	withbj=	NOUN
fsr-3655	204	26	pr[uj=	pr[uj=	VERB
fsr-3655	204	27	l],j=	l],j=	PROPN
fsr-3655	204	28	i	i	PRON
fsr-3655	204	29	,	,	PUNCT
fsr-3655	204	30	...	...	PUNCT
fsr-3655	204	31	j(m	j(m	PROPN
fsr-3655	204	32	)	)	PUNCT
fsr-3655	204	33	.	.	PUNCT
fsr-3655	205	1	with	with	ADP
fsr-3655	205	2	a	a	DET
fsr-3655	205	3	sample	sample	NOUN
fsr-3655	205	4	of	of	ADP
fsr-3655	205	5	mindividuals	mindividual	NOUN
fsr-3655	205	6	,	,	PUNCT
fsr-3655	205	7	the	the	DET
fsr-3655	205	8	logarithm	logarithm	NOUN
fsr-3655	205	9	of	of	ADP
fsr-3655	205	10	the	the	DET
fsr-3655	205	11	likelihood	likelihood	NOUN
fsr-3655	205	12	function	function	NOUN
fsr-3655	205	13	is	be	AUX
fsr-3655	205	14	in	in	ADP
fsr-3655	205	15	1	1	NUM
fsr-3655	205	16	=	=	SYM
fsr-3655	205	17	2	2	NUM
fsr-3655	205	18	c	c	NOUN
fsr-3655	205	19	imj	imj	ADV
fsr-3655	205	20	in	in	ADP
fsr-3655	205	21	bmj	bmj	PROPN
fsr-3655	205	22	.	.	PUNCT
fsr-3655	206	1	m	m	PROPN
fsr-3655	207	1	=	=	PROPN
fsr-3655	207	2	l	l	X
fsr-3655	207	3	j	j	NOUN
fsr-3655	207	4	=	=	NOUN
fsr-3655	207	5	l	l	X
fsr-3655	207	6	(	(	PUNCT
fsr-3655	207	7	17	17	NUM
fsr-3655	207	8	)	)	PUNCT
fsr-3655	207	9	a	a	DET
fsr-3655	207	10	multinomial	multinomial	ADJ
fsr-3655	207	11	logit	logit	NOUN
fsr-3655	207	12	specification	specification	NOUN
fsr-3655	207	13	is	be	AUX
fsr-3655	207	14	used	use	VERB
fsr-3655	207	15	for	for	ADP
fsr-3655	207	16	estimation	estimation	NOUN
fsr-3655	207	17	.	.	PUNCT
fsr-3655	208	1	the	the	DET
fsr-3655	208	2	probability	probability	NOUN
fsr-3655	208	3	that	that	SCONJ
fsr-3655	208	4	an	an	DET
fsr-3655	208	5	individual	individual	NOUN
fsr-3655	208	6	with	with	ADP
fsr-3655	208	7	set	set	PROPN
fsr-3655	208	8	j(m	j(m	NOUN
fsr-3655	208	9	)	)	PUNCT
fsr-3655	208	10	selects	select	VERB
fsr-3655	208	11	the	the	DET
fsr-3655	208	12	first	first	ADJ
fsr-3655	208	13	alternative	alternative	NOUN
fsr-3655	208	14	is	be	AUX
fsr-3655	208	15	g	g	NOUN
fsr-3655	208	16	(	(	PUNCT
fsr-3655	208	17	ln	ln	ADJ
fsr-3655	208	18	fi	fi	NOUN
fsr-3655	208	19	>	>	X
fsr-3655	208	20	lnfl	lnfl	PROPN
fsr-3655	209	1	1	1	NUM
fsr-3655	210	1	=	=	NOUN
fsr-3655	210	2	pr	pr	X
fsr-3655	211	1	i	i	PRON
fsr-3655	211	2	,	,	PUNCT
fsr-3655	211	3	-j	-j	X
fsr-3655	211	4	(	(	PUNCT
fsr-3655	211	5	ej	ej	PROPN
fsr-3655	211	6	el	el	PROPN
fsr-3655	211	7	)	)	PUNCT
fsr-3655	211	8	<	<	X
fsr-3655	212	1	[	[	X
fsr-3655	212	2	xl	xl	PROPN
fsr-3655	212	3	xj	xj	PROPN
fsr-3655	212	4	]	]	X
fsr-3655	212	5	’	'	PUNCT
fsr-3655	212	6	fi	fi	NOUN
fsr-3655	212	7	1	1	NUM
fsr-3655	212	8	where	where	SCONJ
fsr-3655	212	9	xj	xj	PROPN
fsr-3655	212	10	e	e	PROPN
fsr-3655	212	11	(	(	PUNCT
fsr-3655	212	12	xij	xij	X
fsr-3655	212	13	,	,	PUNCT
fsr-3655	212	14	...	...	PUNCT
fsr-3655	212	15	,	,	PUNCT
fsr-3655	212	16	xsj	xsj	PROPN
fsr-3655	212	17	)	)	PUNCT
fsr-3655	212	18	,	,	PUNCT
fsr-3655	212	19	and	and	CCONJ
fsr-3655	212	20	fl	fl	PROPN
fsr-3655	212	21	is	be	AUX
fsr-3655	212	22	a	a	DET
fsr-3655	212	23	parameter	parameter	NOUN
fsr-3655	212	24	vector	vector	NOUN
fsr-3655	212	25	of	of	ADP
fsr-3655	212	26	dimension	dimension	NOUN
fsr-3655	212	27	n.	n.	PROPN
fsr-3655	212	28	the	the	DET
fsr-3655	212	29	characteristics	characteristic	NOUN
fsr-3655	212	30	disappear	disappear	VERB
fsr-3655	212	31	,	,	PUNCT
fsr-3655	212	32	since	since	SCONJ
fsr-3655	212	33	they	they	PRON
fsr-3655	212	34	are	be	AUX
fsr-3655	212	35	specific	specific	ADJ
fsr-3655	212	36	to	to	ADP
fsr-3655	212	37	the	the	DET
fsr-3655	212	38	individual	individual	NOUN
fsr-3655	212	39	,	,	PUNCT
fsr-3655	212	40	and	and	CCONJ
fsr-3655	212	41	are	be	AUX
fsr-3655	212	42	the	the	DET
fsr-3655	212	43	same	same	ADJ
fsr-3655	212	44	across	across	ADP
fsr-3655	212	45	jobs	job	NOUN
fsr-3655	212	46	.	.	PUNCT
fsr-3655	213	1	the	the	DET
fsr-3655	213	2	xvariables	xvariable	NOUN
fsr-3655	213	3	are	be	AUX
fsr-3655	213	4	the	the	DET
fsr-3655	213	5	changes	change	NOUN
fsr-3655	213	6	in	in	ADP
fsr-3655	213	7	rents	rent	NOUN
fsr-3655	213	8	,	,	PUNCT
fsr-3655	213	9	prices	price	NOUN
fsr-3655	213	10	of	of	ADP
fsr-3655	213	11	other	other	ADJ
fsr-3655	213	12	goods	good	NOUN
fsr-3655	213	13	,	,	PUNCT
fsr-3655	213	14	after	after	ADP
fsr-3655	213	15	tax	tax	NOUN
fsr-3655	213	16	salaries	salary	NOUN
fsr-3655	213	17	,	,	PUNCT
fsr-3655	213	18	and	and	CCONJ
fsr-3655	213	19	the	the	DET
fsr-3655	213	20	two	two	NUM
fsr-3655	213	21	forms	form	NOUN
fsr-3655	213	22	of	of	ADP
fsr-3655	213	23	real	real	ADJ
fsr-3655	213	24	estate	estate	NOUN
fsr-3655	213	25	income	income	NOUN
fsr-3655	213	26	.	.	PUNCT
fsr-3655	214	1	56	56	NUM
fsr-3655	214	2	financial	financial	ADJ
fsr-3655	214	3	services	service	NOUN
fsr-3655	214	4	review	review	NOUN
fsr-3655	214	5	,	,	PUNCT
fsr-3655	214	6	l(1	l(1	PROPN
fsr-3655	214	7	)	)	PUNCT
fsr-3655	214	8	1991	1991	NUM
fsr-3655	214	9	the	the	DET
fsr-3655	214	10	sample	sample	NOUN
fsr-3655	214	11	has	have	VERB
fsr-3655	214	12	an	an	DET
fsr-3655	214	13	advantage	advantage	NOUN
fsr-3655	214	14	over	over	ADP
fsr-3655	214	15	other	other	ADJ
fsr-3655	214	16	applications	application	NOUN
fsr-3655	214	17	of	of	ADP
fsr-3655	214	18	quanta1	quanta1	NOUN
fsr-3655	214	19	choice	choice	NOUN
fsr-3655	214	20	models	model	NOUN
fsr-3655	214	21	,	,	PUNCT
fsr-3655	214	22	in	in	SCONJ
fsr-3655	214	23	that	that	SCONJ
fsr-3655	214	24	the	the	DET
fsr-3655	214	25	data	datum	NOUN
fsr-3655	214	26	for	for	ADP
fsr-3655	214	27	all	all	DET
fsr-3655	214	28	alternatives	alternative	NOUN
fsr-3655	214	29	are	be	AUX
fsr-3655	214	30	known	know	VERB
fsr-3655	214	31	.	.	PUNCT
fsr-3655	215	1	in	in	ADP
fsr-3655	215	2	typical	typical	ADJ
fsr-3655	215	3	cases	case	NOUN
fsr-3655	215	4	,	,	PUNCT
fsr-3655	215	5	data	datum	NOUN
fsr-3655	215	6	vary	vary	VERB
fsr-3655	215	7	across	across	ADP
fsr-3655	215	8	individuals	individual	NOUN
fsr-3655	215	9	but	but	CCONJ
fsr-3655	215	10	not	not	PART
fsr-3655	215	11	over	over	ADP
fsr-3655	215	12	alternatives	alternative	NOUN
fsr-3655	215	13	.	.	PUNCT
fsr-3655	216	1	characteristics	characteristic	NOUN
fsr-3655	216	2	such	such	ADJ
fsr-3655	216	3	as	as	ADP
fsr-3655	216	4	age	age	NOUN
fsr-3655	216	5	and	and	CCONJ
fsr-3655	216	6	sex	sex	NOUN
fsr-3655	216	7	are	be	AUX
fsr-3655	216	8	known	know	VERB
fsr-3655	216	9	,	,	PUNCT
fsr-3655	216	10	but	but	CCONJ
fsr-3655	216	11	not	not	PART
fsr-3655	216	12	the	the	DET
fsr-3655	216	13	costs	cost	NOUN
fsr-3655	216	14	and	and	CCONJ
fsr-3655	216	15	returns	return	NOUN
fsr-3655	216	16	for	for	ADP
fsr-3655	216	17	an	an	DET
fsr-3655	216	18	individual	individual	NOUN
fsr-3655	216	19	in	in	ADP
fsr-3655	216	20	each	each	DET
fsr-3655	216	21	alternative	alternative	NOUN
fsr-3655	216	22	.	.	PUNCT
fsr-3655	217	1	this	this	DET
fsr-3655	217	2	lack	lack	NOUN
fsr-3655	217	3	of	of	ADP
fsr-3655	217	4	data	datum	NOUN
fsr-3655	217	5	in	in	ADP
fsr-3655	217	6	other	other	ADJ
fsr-3655	217	7	applications	application	NOUN
fsr-3655	217	8	increases	increase	VERB
fsr-3655	217	9	the	the	DET
fsr-3655	217	10	difficulty	difficulty	NOUN
fsr-3655	217	11	of	of	ADP
fsr-3655	217	12	identifying	identify	VERB
fsr-3655	217	13	parameters	parameter	NOUN
fsr-3655	217	14	.	.	PUNCT
fsr-3655	218	1	the	the	DET
fsr-3655	218	2	odds	odd	NOUN
fsr-3655	218	3	of	of	ADP
fsr-3655	218	4	selecting	select	VERB
fsr-3655	218	5	location	location	NOUN
fsr-3655	218	6	1	1	NUM
fsr-3655	218	7	versus	versus	ADP
fsr-3655	218	8	location	location	NOUN
fsr-3655	218	9	2	2	NUM
fsr-3655	218	10	are	be	AUX
fsr-3655	218	11	b1/	b1/	ADP
fsr-3655	218	12	bz	bz	PROPN
fsr-3655	218	13	=	=	PUNCT
fsr-3655	218	14	exp	exp	PROPN
fsr-3655	218	15	(	(	PUNCT
fsr-3655	218	16	xi	xi	X
fsr-3655	218	17	x2	x2	PROPN
fsr-3655	218	18	)	)	PUNCT
fsr-3655	218	19	*	*	PUNCT
fsr-3655	219	1	b	b	X
fsr-3655	219	2	the	the	DET
fsr-3655	219	3	x	x	PROPN
fsr-3655	219	4	differentials	differential	NOUN
fsr-3655	219	5	are	be	AUX
fsr-3655	219	6	zero	zero	NUM
fsr-3655	219	7	for	for	ADP
fsr-3655	219	8	household	household	NOUN
fsr-3655	219	9	characteristics	characteristic	NOUN
fsr-3655	219	10	,	,	PUNCT
fsr-3655	219	11	so	so	SCONJ
fsr-3655	219	12	all	all	DET
fsr-3655	219	13	parameters	parameter	NOUN
fsr-3655	219	14	are	be	AUX
fsr-3655	219	15	unidentified	unidentified	ADJ
fsr-3655	219	16	if	if	SCONJ
fsr-3655	219	17	prices	price	NOUN
fsr-3655	219	18	and	and	CCONJ
fsr-3655	219	19	incomes	income	NOUN
fsr-3655	219	20	in	in	ADP
fsr-3655	219	21	alternative	alternative	ADJ
fsr-3655	219	22	locations	location	NOUN
fsr-3655	219	23	are	be	AUX
fsr-3655	219	24	unknown.g	unknown.g	NOUN
fsr-3655	219	25	this	this	DET
fsr-3655	219	26	identification	identification	NOUN
fsr-3655	219	27	problem	problem	NOUN
fsr-3655	219	28	occurs	occur	VERB
fsr-3655	219	29	when	when	SCONJ
fsr-3655	219	30	the	the	DET
fsr-3655	219	31	conditions	condition	NOUN
fsr-3655	219	32	in	in	ADP
fsr-3655	219	33	not	not	PART
fsr-3655	219	34	accepted	accept	VERB
fsr-3655	219	35	offers	offer	NOUN
fsr-3655	219	36	are	be	AUX
fsr-3655	219	37	unknown	unknown	ADJ
fsr-3655	219	38	.	.	PUNCT
fsr-3655	220	1	by	by	ADP
fsr-3655	220	2	comparison	comparison	NOUN
fsr-3655	220	3	,	,	PUNCT
fsr-3655	220	4	in	in	ADP
fsr-3655	220	5	this	this	DET
fsr-3655	220	6	sample	sample	NOUN
fsr-3655	220	7	,	,	PUNCT
fsr-3655	220	8	all	all	DET
fsr-3655	220	9	variables	variable	NOUN
fsr-3655	220	10	differ	differ	VERB
fsr-3655	220	11	across	across	ADP
fsr-3655	220	12	alternatives	alternative	NOUN
fsr-3655	220	13	,	,	PUNCT
fsr-3655	220	14	the	the	DET
fsr-3655	220	15	jobs	job	NOUN
fsr-3655	220	16	and	and	CCONJ
fsr-3655	220	17	locations	location	NOUN
fsr-3655	220	18	.	.	PUNCT
fsr-3655	221	1	6	6	NUM
fsr-3655	221	2	.	.	X
fsr-3655	221	3	empirical	empirical	ADJ
fsr-3655	221	4	results	result	NOUN
fsr-3655	221	5	the	the	DET
fsr-3655	221	6	mean	mean	NOUN
fsr-3655	221	7	expected	expect	VERB
fsr-3655	221	8	real	real	ADJ
fsr-3655	221	9	estate	estate	NOUN
fsr-3655	221	10	preimium	preimium	NOUN
fsr-3655	221	11	income	income	NOUN
fsr-3655	221	12	in	in	ADP
fsr-3655	221	13	the	the	DET
fsr-3655	221	14	largest	large	ADJ
fsr-3655	221	15	25	25	NUM
fsr-3655	221	16	metropolitan	metropolitan	ADJ
fsr-3655	221	17	statistical	statistical	ADJ
fsr-3655	221	18	areas	area	NOUN
fsr-3655	221	19	(	(	PUNCT
fsr-3655	221	20	msas	msa	NOUN
fsr-3655	221	21	)	)	PUNCT
fsr-3655	221	22	is	be	AUX
fsr-3655	221	23	$	$	SYM
fsr-3655	221	24	12,528	12,528	NUM
fsr-3655	221	25	,	,	PUNCT
fsr-3655	221	26	as	as	SCONJ
fsr-3655	221	27	compared	compare	VERB
fsr-3655	221	28	with	with	ADP
fsr-3655	221	29	$	$	SYM
fsr-3655	221	30	4,617	4,617	NUM
fsr-3655	221	31	outside	outside	ADP
fsr-3655	221	32	this	this	DET
fsr-3655	221	33	group	group	NOUN
fsr-3655	221	34	.	.	PUNCT
fsr-3655	222	1	this	this	PRON
fsr-3655	222	2	is	be	AUX
fsr-3655	222	3	only	only	ADV
fsr-3655	222	4	a	a	DET
fsr-3655	222	5	part	part	NOUN
fsr-3655	222	6	of	of	ADP
fsr-3655	222	7	real	real	ADJ
fsr-3655	222	8	estate	estate	NOUN
fsr-3655	222	9	income	income	NOUN
fsr-3655	222	10	.	.	PUNCT
fsr-3655	223	1	the	the	DET
fsr-3655	223	2	market	market	NOUN
fsr-3655	223	3	component	component	NOUN
fsr-3655	223	4	averages	average	VERB
fsr-3655	223	5	$	$	SYM
fsr-3655	223	6	8,942	8,942	NUM
fsr-3655	223	7	in	in	ADP
fsr-3655	223	8	the	the	DET
fsr-3655	223	9	largest	large	ADJ
fsr-3655	223	10	msas	msa	NOUN
fsr-3655	223	11	and	and	CCONJ
fsr-3655	223	12	$	$	SYM
fsr-3655	223	13	4,621	4,621	NUM
fsr-3655	223	14	otherwise	otherwise	ADV
fsr-3655	223	15	.	.	PUNCT
fsr-3655	224	1	the	the	DET
fsr-3655	224	2	mean	mean	ADJ
fsr-3655	224	3	total	total	ADJ
fsr-3655	224	4	compensation	compensation	NOUN
fsr-3655	224	5	is	be	AUX
fsr-3655	224	6	$	$	SYM
fsr-3655	224	7	37,612	37,612	NUM
fsr-3655	224	8	in	in	ADP
fsr-3655	224	9	the	the	DET
fsr-3655	224	10	largest	large	ADJ
fsr-3655	224	11	msas	msa	NOUN
fsr-3655	224	12	,	,	PUNCT
fsr-3655	224	13	including	include	VERB
fsr-3655	224	14	cash	cash	NOUN
fsr-3655	224	15	benefits	benefit	NOUN
fsr-3655	224	16	,	,	PUNCT
fsr-3655	224	17	but	but	CCONJ
fsr-3655	224	18	before	before	ADP
fsr-3655	224	19	taxes	taxis	NOUN
fsr-3655	224	20	,	,	PUNCT
fsr-3655	224	21	and	and	CCONJ
fsr-3655	224	22	$	$	SYM
fsr-3655	224	23	32,815	32,815	NUM
fsr-3655	224	24	outside	outside	ADV
fsr-3655	224	25	.	.	PUNCT
fsr-3655	225	1	the	the	DET
fsr-3655	225	2	differential	differential	NOUN
fsr-3655	225	3	in	in	ADP
fsr-3655	225	4	expected	expect	VERB
fsr-3655	225	5	real	real	ADJ
fsr-3655	225	6	estate	estate	NOUN
fsr-3655	225	7	income	income	NOUN
fsr-3655	225	8	is	be	AUX
fsr-3655	225	9	relatively	relatively	ADV
fsr-3655	225	10	larger	large	ADJ
fsr-3655	225	11	than	than	ADP
fsr-3655	225	12	in	in	ADP
fsr-3655	225	13	labor	labor	NOUN
fsr-3655	225	14	income	income	NOUN
fsr-3655	225	15	.	.	PUNCT
fsr-3655	226	1	parameter	parameter	NOUN
fsr-3655	226	2	estimates	estimate	NOUN
fsr-3655	226	3	of	of	ADP
fsr-3655	226	4	the	the	DET
fsr-3655	226	5	locational	locational	ADJ
fsr-3655	226	6	choice	choice	NOUN
fsr-3655	226	7	equation	equation	NOUN
fsr-3655	226	8	are	be	AUX
fsr-3655	226	9	reported	report	VERB
fsr-3655	226	10	in	in	ADP
fsr-3655	226	11	table	table	NOUN
fsr-3655	226	12	3	3	NUM
fsr-3655	226	13	.	.	PUNCT
fsr-3655	227	1	the	the	DET
fsr-3655	227	2	first	first	ADJ
fsr-3655	227	3	column	column	NOUN
fsr-3655	227	4	indicates	indicate	VERB
fsr-3655	227	5	the	the	DET
fsr-3655	227	6	unrestricted	unrestricted	ADJ
fsr-3655	227	7	estimates	estimate	NOUN
fsr-3655	227	8	,	,	PUNCT
fsr-3655	227	9	with	with	ADP
fsr-3655	227	10	all	all	DET
fsr-3655	227	11	three	three	NUM
fsr-3655	227	12	income	income	NOUN
fsr-3655	227	13	components	component	NOUN
fsr-3655	227	14	.	.	PUNCT
fsr-3655	228	1	two	two	NUM
fsr-3655	228	2	control	control	NOUN
fsr-3655	228	3	variables	variable	NOUN
fsr-3655	228	4	are	be	AUX
fsr-3655	228	5	for	for	ADP
fsr-3655	228	6	whether	whether	SCONJ
fsr-3655	228	7	the	the	DET
fsr-3655	228	8	job	job	NOUN
fsr-3655	228	9	is	be	AUX
fsr-3655	228	10	in	in	ADP
fsr-3655	228	11	the	the	DET
fsr-3655	228	12	25	25	NUM
fsr-3655	228	13	largest	large	ADJ
fsr-3655	228	14	msas	msa	NOUN
fsr-3655	228	15	,	,	PUNCT
fsr-3655	228	16	and	and	CCONJ
fsr-3655	228	17	a	a	DET
fsr-3655	228	18	financial	financial	ADJ
fsr-3655	228	19	ranking	ranking	NOUN
fsr-3655	228	20	of	of	ADP
fsr-3655	228	21	the	the	DET
fsr-3655	228	22	employer	employer	NOUN
fsr-3655	228	23	in	in	ADP
fsr-3655	228	24	qual	qual	NOUN
fsr-3655	228	25	.	.	PUNCT
fsr-3655	229	1	in	in	ADP
fsr-3655	229	2	columns	column	NOUN
fsr-3655	229	3	l-3	l-3	PROPN
fsr-3655	229	4	are	be	AUX
fsr-3655	229	5	estimates	estimate	NOUN
fsr-3655	229	6	with	with	ADP
fsr-3655	229	7	various	various	ADJ
fsr-3655	229	8	forms	form	NOUN
fsr-3655	229	9	of	of	ADP
fsr-3655	229	10	real	real	ADJ
fsr-3655	229	11	estate	estate	NOUN
fsr-3655	229	12	income	income	NOUN
fsr-3655	229	13	.	.	PUNCT
fsr-3655	230	1	the	the	DET
fsr-3655	230	2	two	two	NUM
fsr-3655	230	3	real	real	ADJ
fsr-3655	230	4	estate	estate	NOUN
fsr-3655	230	5	incomes	income	NOUN
fsr-3655	230	6	are	be	AUX
fsr-3655	230	7	unrestricted	unrestricted	ADJ
fsr-3655	230	8	in	in	ADP
fsr-3655	230	9	column	column	NOUN
fsr-3655	230	10	1	1	NUM
fsr-3655	230	11	.	.	PUNCT
fsr-3655	231	1	in	in	ADP
fsr-3655	231	2	column	column	NOUN
fsr-3655	231	3	2	2	NUM
fsr-3655	231	4	are	be	AUX
fsr-3655	231	5	the	the	DET
fsr-3655	231	6	estimates	estimate	NOUN
fsr-3655	231	7	when	when	SCONJ
fsr-3655	231	8	the	the	DET
fsr-3655	231	9	two	two	NUM
fsr-3655	231	10	forms	form	NOUN
fsr-3655	231	11	of	of	ADP
fsr-3655	231	12	income	income	NOUN
fsr-3655	231	13	are	be	AUX
fsr-3655	231	14	homogeneous	homogeneous	ADJ
fsr-3655	231	15	,	,	PUNCT
fsr-3655	231	16	but	but	CCONJ
fsr-3655	231	17	still	still	ADV
fsr-3655	231	18	potentially	potentially	ADV
fsr-3655	231	19	discounted	discount	VERB
fsr-3655	231	20	relative	relative	ADJ
fsr-3655	231	21	to	to	ADP
fsr-3655	231	22	cash	cash	NOUN
fsr-3655	231	23	.	.	PUNCT
fsr-3655	232	1	in	in	ADP
fsr-3655	232	2	column	column	NOUN
fsr-3655	232	3	3	3	NUM
fsr-3655	232	4	are	be	AUX
fsr-3655	232	5	estimates	estimate	NOUN
fsr-3655	232	6	when	when	SCONJ
fsr-3655	232	7	both	both	DET
fsr-3655	232	8	incomes	income	NOUN
fsr-3655	232	9	are	be	AUX
fsr-3655	232	10	identical	identical	ADJ
fsr-3655	232	11	with	with	ADP
fsr-3655	232	12	cash	cash	NOUN
fsr-3655	232	13	.	.	PUNCT
fsr-3655	233	1	in	in	ADP
fsr-3655	233	2	column	column	NOUN
fsr-3655	233	3	4	4	NUM
fsr-3655	233	4	are	be	AUX
fsr-3655	233	5	estimates	estimate	NOUN
fsr-3655	233	6	when	when	SCONJ
fsr-3655	233	7	neither	neither	DET
fsr-3655	233	8	form	form	NOUN
fsr-3655	233	9	of	of	ADP
fsr-3655	233	10	real	real	ADJ
fsr-3655	233	11	estate	estate	NOUN
fsr-3655	233	12	income	income	NOUN
fsr-3655	233	13	is	be	AUX
fsr-3655	233	14	included	include	VERB
fsr-3655	233	15	in	in	ADP
fsr-3655	233	16	relocation	relocation	NOUN
fsr-3655	233	17	decisions	decision	NOUN
fsr-3655	233	18	.	.	PUNCT
fsr-3655	234	1	the	the	DET
fsr-3655	234	2	table	table	NOUN
fsr-3655	234	3	reports	report	VERB
fsr-3655	234	4	the	the	DET
fsr-3655	234	5	results	result	NOUN
fsr-3655	234	6	as	as	ADP
fsr-3655	234	7	fik	fik	PROPN
fsr-3655	234	8	&	&	CCONJ
fsr-3655	234	9	/p3	/p3	NOUN
fsr-3655	234	10	and	and	CCONJ
fsr-3655	234	11	pf	pf	PROPN
fsr-3655	234	12	e	e	PROPN
fsr-3655	234	13	ps/	ps/	PROPN
fsr-3655	234	14	&	&	CCONJ
fsr-3655	234	15	where	where	SCONJ
fsr-3655	234	16	p4	p4	ADJ
fsr-3655	234	17	and	and	CCONJ
fsr-3655	234	18	ps	ps	NOUN
fsr-3655	234	19	are	be	AUX
fsr-3655	234	20	the	the	DET
fsr-3655	234	21	coefficients	coefficient	NOUN
fsr-3655	234	22	of	of	ADP
fsr-3655	234	23	investor	investor	NOUN
fsr-3655	234	24	and	and	CCONJ
fsr-3655	234	25	owner	owner	NOUN
fsr-3655	234	26	income	income	NOUN
fsr-3655	234	27	in	in	ADP
fsr-3655	234	28	the	the	DET
fsr-3655	234	29	logit	logit	PROPN
fsr-3655	234	30	specification	specification	NOUN
fsr-3655	234	31	,	,	PUNCT
fsr-3655	234	32	and	and	CCONJ
fsr-3655	234	33	/33	/33	NUM
fsr-3655	234	34	is	be	AUX
fsr-3655	234	35	the	the	DET
fsr-3655	234	36	labor	labor	NOUN
fsr-3655	234	37	income	income	NOUN
fsr-3655	234	38	coefficient	coefficient	NOUN
fsr-3655	234	39	.	.	PUNCT
fsr-3655	235	1	the	the	DET
fsr-3655	235	2	estimates	estimate	NOUN
fsr-3655	235	3	of	of	ADP
fsr-3655	235	4	the	the	DET
fsr-3655	235	5	logit	logit	NOUN
fsr-3655	235	6	have	have	VERB
fsr-3655	235	7	maximum	maximum	ADJ
fsr-3655	235	8	likelihood	likelihood	NOUN
fsr-3655	235	9	properties	property	NOUN
fsr-3655	235	10	,	,	PUNCT
fsr-3655	235	11	including	include	VERB
fsr-3655	235	12	invariance	invariance	NOUN
fsr-3655	235	13	under	under	ADP
fsr-3655	235	14	single	single	ADJ
fsr-3655	235	15	valued	value	VERB
fsr-3655	235	16	transforms	transform	NOUN
fsr-3655	235	17	.	.	PUNCT
fsr-3655	236	1	then	then	ADV
fsr-3655	236	2	the	the	DET
fsr-3655	236	3	estimates	estimate	NOUN
fsr-3655	236	4	of	of	ADP
fsr-3655	236	5	pk	pk	NOUN
fsr-3655	236	6	and	and	CCONJ
fsr-3655	236	7	pc	pc	NOUN
fsr-3655	236	8	have	have	VERB
fsr-3655	236	9	maximum	maximum	ADJ
fsr-3655	236	10	likelihood	likelihood	NOUN
fsr-3655	236	11	properties	property	NOUN
fsr-3655	236	12	.	.	PUNCT
fsr-3655	237	1	in	in	ADP
fsr-3655	237	2	all	all	DET
fsr-3655	237	3	specifications	specification	NOUN
fsr-3655	237	4	,	,	PUNCT
fsr-3655	237	5	dollar	dollar	NOUN
fsr-3655	237	6	rent	rent	NOUN
fsr-3655	237	7	differentials	differential	NOUN
fsr-3655	237	8	a	a	PRON
fsr-3655	237	9	in	in	ADP
fsr-3655	237	10	k	k	PROPN
fsr-3655	237	11	have	have	VERB
fsr-3655	237	12	a	a	DET
fsr-3655	237	13	negative	negative	ADJ
fsr-3655	237	14	effect	effect	NOUN
fsr-3655	237	15	on	on	ADP
fsr-3655	237	16	job	job	NOUN
fsr-3655	237	17	choices	choice	NOUN
fsr-3655	237	18	and	and	CCONJ
fsr-3655	237	19	relocation	relocation	NOUN
fsr-3655	237	20	.	.	PUNCT
fsr-3655	238	1	prices	price	NOUN
fsr-3655	238	2	of	of	ADP
fsr-3655	238	3	other	other	ADJ
fsr-3655	238	4	goods	good	NOUN
fsr-3655	238	5	and	and	CCONJ
fsr-3655	238	6	services	service	NOUN
fsr-3655	238	7	a	a	PRON
fsr-3655	238	8	in	in	ADP
fsr-3655	238	9	q	q	NOUN
fsr-3655	238	10	have	have	VERB
fsr-3655	238	11	real	real	ADJ
fsr-3655	238	12	estate	estate	NOUN
fsr-3655	238	13	income	income	NOUN
fsr-3655	238	14	and	and	CCONJ
fsr-3655	238	15	relocation	relocation	NOUN
fsr-3655	238	16	57	57	NUM
fsr-3655	238	17	table	table	NOUN
fsr-3655	238	18	3	3	NUM
fsr-3655	238	19	.	.	PUNCT
fsr-3655	238	20	estimates	estimate	NOUN
fsr-3655	238	21	,	,	PUNCT
fsr-3655	238	22	locational	locational	ADJ
fsr-3655	238	23	choice	choice	NOUN
fsr-3655	238	24	(	(	PUNCT
fsr-3655	238	25	asymptotic	asymptotic	ADJ
fsr-3655	238	26	standard	standard	ADJ
fsr-3655	238	27	errors	error	NOUN
fsr-3655	238	28	in	in	ADP
fsr-3655	238	29	parentheses	parenthesis	NOUN
fsr-3655	238	30	)	)	PUNCT
fsr-3655	238	31	(	(	PUNCT
fsr-3655	238	32	4	4	NUM
fsr-3655	238	33	(	(	PUNCT
fsr-3655	238	34	4	4	NUM
fsr-3655	238	35	(	(	PUNCT
fsr-3655	238	36	3	3	NUM
fsr-3655	238	37	)	)	PUNCT
fsr-3655	238	38	pk	pk	NOUN
fsr-3655	238	39	=	=	NOUN
fsr-3655	238	40	pc	pc	NOUN
fsr-3655	238	41	fik	fik	NOUN
fsr-3655	238	42	=	=	PUNCT
fsr-3655	238	43	,	,	PUNCT
fsr-3655	238	44	$	$	SYM
fsr-3655	238	45	=	=	SYM
fsr-3655	238	46	1	1	NUM
fsr-3655	238	47	pk	pk	NOUN
fsr-3655	238	48	‘	'	PUNCT
fsr-3655	238	49	2~	2~	NUM
fsr-3655	238	50	=	=	SYM
fsr-3655	238	51	0	0	NUM
fsr-3655	238	52	rentalnkv	rentalnkv	ADJ
fsr-3655	238	53	pi	pi	NOUN
fsr-3655	238	54	-0.185	-0.185	X
fsr-3655	238	55	-0.199	-0.199	PUNCT
fsr-3655	238	56	-0.224	-0.224	X
fsr-3655	238	57	-0.141	-0.141	X
fsr-3655	238	58	(	(	PUNCT
fsr-3655	238	59	0.122	0.122	NUM
fsr-3655	238	60	)	)	PUNCT
fsr-3655	238	61	(	(	PUNCT
fsr-3655	238	62	0.108	0.108	NUM
fsr-3655	238	63	)	)	PUNCT
fsr-3655	238	64	(	(	PUNCT
fsr-3655	238	65	0.146	0.146	NUM
fsr-3655	238	66	)	)	PUNCT
fsr-3655	238	67	(	(	PUNCT
fsr-3655	238	68	0.098	0.098	NUM
fsr-3655	238	69	)	)	PUNCT
fsr-3655	238	70	other	other	ADJ
fsr-3655	238	71	prices	price	NOUN
fsr-3655	239	1	a	a	DET
fsr-3655	239	2	in	in	ADP
fsr-3655	239	3	q	q	PROPN
fsr-3655	239	4	p2	p2	PROPN
fsr-3655	239	5	-0.035	-0.035	X
fsr-3655	239	6	-0.248	-0.248	PUNCT
fsr-3655	239	7	-0.213	-0.213	NOUN
fsr-3655	239	8	-0.308	-0.308	NOUN
fsr-3655	239	9	(	(	PUNCT
fsr-3655	239	10	0.029	0.029	NUM
fsr-3655	239	11	)	)	PUNCT
fsr-3655	239	12	(	(	PUNCT
fsr-3655	239	13	0.165	0.165	NUM
fsr-3655	239	14	)	)	PUNCT
fsr-3655	239	15	(	(	PUNCT
fsr-3655	239	16	0.144	0.144	NUM
fsr-3655	239	17	)	)	PUNCT
fsr-3655	239	18	(	(	PUNCT
fsr-3655	239	19	0.174	0.174	NUM
fsr-3655	239	20	)	)	PUNCT
fsr-3655	239	21	labor	labor	NOUN
fsr-3655	239	22	income	income	NOUN
fsr-3655	239	23	a	a	PRON
fsr-3655	239	24	in	in	ADP
fsr-3655	239	25	y	y	PROPN
fsr-3655	239	26	p3	p3	PROPN
fsr-3655	239	27	0.070	0.070	NUM
fsr-3655	239	28	0.075	0.075	NUM
fsr-3655	239	29	0.061	0.061	NUM
fsr-3655	239	30	0.090	0.090	NUM
fsr-3655	239	31	(	(	PUNCT
fsr-3655	239	32	0.041	0.041	NUM
fsr-3655	239	33	)	)	PUNCT
fsr-3655	239	34	(	(	PUNCT
fsr-3655	239	35	0.034	0.034	NUM
fsr-3655	239	36	)	)	PUNCT
fsr-3655	239	37	(	(	PUNCT
fsr-3655	239	38	0.029	0.029	NUM
fsr-3655	239	39	)	)	PUNCT
fsr-3655	239	40	(	(	PUNCT
fsr-3655	239	41	0.044	0.044	NUM
fsr-3655	239	42	)	)	PUNCT
fsr-3655	239	43	re	re	PROPN
fsr-3655	239	44	investor	investor	NOUN
fsr-3655	239	45	income	income	NOUN
fsr-3655	239	46	”	"	PUNCT
fsr-3655	239	47	/%	/%	X
fsr-3655	240	1	0.485	0.485	NUM
fsr-3655	240	2	0.529	0.529	NUM
fsr-3655	240	3	1	1	NUM
fsr-3655	240	4	aln(k	aln(k	NOUN
fsr-3655	240	5	-	-	PUNCT
fsr-3655	240	6	u)v	u)v	PUNCT
fsr-3655	240	7	(	(	PUNCT
fsr-3655	240	8	0.452	0.452	NUM
fsr-3655	240	9	)	)	PUNCT
fsr-3655	240	10	(	(	PUNCT
fsr-3655	240	11	0.239	0.239	NUM
fsr-3655	240	12	)	)	PUNCT
fsr-3655	240	13	re	re	PROPN
fsr-3655	240	14	owner	owner	NOUN
fsr-3655	240	15	income	income	NOUN
fsr-3655	240	16	”	"	PUNCT
fsr-3655	240	17	pc	pc	NOUN
fsr-3655	240	18	0.726	0.726	NUM
fsr-3655	240	19	0.529	0.529	NUM
fsr-3655	240	20	1	1	NUM
fsr-3655	240	21	alncv	alncv	NOUN
fsr-3655	240	22	(	(	PUNCT
fsr-3655	240	23	0.289	0.289	NUM
fsr-3655	240	24	)	)	PUNCT
fsr-3655	240	25	(	(	PUNCT
fsr-3655	240	26	0.239	0.239	NUM
fsr-3655	240	27	)	)	PUNCT
fsr-3655	240	28	controls	control	NOUN
fsr-3655	240	29	ranking	rank	VERB
fsr-3655	240	30	a	a	DET
fsr-3655	240	31	qual	qual	ADJ
fsr-3655	240	32	p6	p6	NOUN
fsr-3655	240	33	0.065	0.065	NUM
fsr-3655	240	34	0.077	0.077	NUM
fsr-3655	240	35	0.061	0.061	NUM
fsr-3655	240	36	0.083	0.083	NUM
fsr-3655	240	37	(	(	PUNCT
fsr-3655	240	38	0.041	0.041	NUM
fsr-3655	240	39	)	)	PUNCT
fsr-3655	240	40	(	(	PUNCT
fsr-3655	240	41	0.041	0.041	NUM
fsr-3655	240	42	)	)	PUNCT
fsr-3655	240	43	(	(	PUNCT
fsr-3655	240	44	0.029	0.029	NUM
fsr-3655	240	45	)	)	PUNCT
fsr-3655	240	46	(	(	PUNCT
fsr-3655	240	47	0.045	0.045	NUM
fsr-3655	240	48	)	)	PUNCT
fsr-3655	240	49	largest	large	ADJ
fsr-3655	240	50	25	25	NUM
fsr-3655	240	51	msas	msa	NOUN
fsr-3655	240	52	pl	pl	PROPN
fsr-3655	240	53	0.009	0.009	NUM
fsr-3655	240	54	0.027	0.027	NUM
fsr-3655	240	55	0.029	0.029	NUM
fsr-3655	240	56	0.028	0.028	NUM
fsr-3655	240	57	(	(	PUNCT
fsr-3655	240	58	0.007	0.007	NUM
fsr-3655	240	59	)	)	PUNCT
fsr-3655	240	60	(	(	PUNCT
fsr-3655	240	61	0.013	0.013	NUM
fsr-3655	240	62	)	)	PUNCT
fsr-3655	240	63	(	(	PUNCT
fsr-3655	240	64	0.014	0.014	NUM
fsr-3655	240	65	)	)	PUNCT
fsr-3655	240	66	(	(	PUNCT
fsr-3655	240	67	0.011	0.011	NUM
fsr-3655	240	68	)	)	PUNCT
fsr-3655	240	69	x2/	x2/	PROPN
fsr-3655	241	1	df	df	PROPN
fsr-3655	241	2	8.2	8.2	NUM
fsr-3655	241	3	12.2	12.2	NUM
fsr-3655	241	4	14.2	14.2	NUM
fsr-3655	241	5	df	df	NOUN
fsr-3655	241	6	1	1	NUM
fsr-3655	241	7	2	2	NUM
fsr-3655	241	8	2	2	NUM
fsr-3655	241	9	note	note	NOUN
fsr-3655	241	10	:	:	PUNCT
fsr-3655	241	11	’	'	PUNCT
fsr-3655	241	12	fit	fit	ADJ
fsr-3655	241	13	and	and	CCONJ
fsr-3655	241	14	pc	pc	NOUN
fsr-3655	241	15	are	be	AUX
fsr-3655	241	16	obtained	obtain	VERB
fsr-3655	241	17	from	from	ADP
fsr-3655	241	18	the	the	DET
fsr-3655	241	19	conditions	condition	NOUN
fsr-3655	241	20	fi4	fi4	NOUN
fsr-3655	242	1	=	=	PUNCT
fsr-3655	242	2	fi$k	fi$k	NOUN
fsr-3655	242	3	and	and	CCONJ
fsr-3655	242	4	ps	ps	PROPN
fsr-3655	242	5	=	=	SYM
fsr-3655	242	6	fi	fi	PROPN
fsr-3655	242	7	&	&	CCONJ
fsr-3655	242	8	,	,	PUNCT
fsr-3655	242	9	where	where	SCONJ
fsr-3655	242	10	/	/	PUNCT
fsr-3655	242	11	&	&	CCONJ
fsr-3655	242	12	and	and	CCONJ
fsr-3655	242	13	ps	ps	PROPN
fsr-3655	242	14	are	be	AUX
fsr-3655	242	15	the	the	DET
fsr-3655	242	16	parameters	parameter	NOUN
fsr-3655	242	17	of	of	ADP
fsr-3655	242	18	real	real	ADJ
fsr-3655	242	19	estate	estate	NOUN
fsr-3655	242	20	investor	investor	NOUN
fsr-3655	242	21	and	and	CCONJ
fsr-3655	242	22	owner	owner	NOUN
fsr-3655	242	23	income	income	NOUN
fsr-3655	242	24	in	in	ADP
fsr-3655	242	25	the	the	DET
fsr-3655	242	26	logit	logit	PROPN
fsr-3655	242	27	estimation	estimation	NOUN
fsr-3655	242	28	.	.	PUNCT
fsr-3655	243	1	the	the	DET
fsr-3655	243	2	equation	equation	NOUN
fsr-3655	243	3	is	be	AUX
fsr-3655	243	4	forced	force	VERB
fsr-3655	243	5	through	through	ADP
fsr-3655	243	6	the	the	DET
fsr-3655	243	7	origin	origin	NOUN
fsr-3655	243	8	,	,	PUNCT
fsr-3655	243	9	so	so	SCONJ
fsr-3655	243	10	there	there	PRON
fsr-3655	243	11	is	be	VERB
fsr-3655	243	12	no	no	DET
fsr-3655	243	13	intercept	intercept	NOUN
fsr-3655	243	14	.	.	PUNCT
fsr-3655	244	1	first	first	ADJ
fsr-3655	244	2	differences	difference	NOUN
fsr-3655	244	3	are	be	AUX
fsr-3655	244	4	denoted	denote	VERB
fsr-3655	244	5	by	by	ADP
fsr-3655	244	6	a.	a.	NOUN
fsr-3655	244	7	the	the	DET
fsr-3655	244	8	same	same	ADJ
fsr-3655	244	9	effect	effect	NOUN
fsr-3655	244	10	.	.	PUNCT
fsr-3655	245	1	differentials	differential	NOUN
fsr-3655	245	2	in	in	ADP
fsr-3655	245	3	labor	labor	NOUN
fsr-3655	245	4	income	income	NOUN
fsr-3655	245	5	a	a	PRON
fsr-3655	245	6	in	in	ADP
fsr-3655	245	7	y	y	PROPN
fsr-3655	245	8	are	be	AUX
fsr-3655	245	9	always	always	ADV
fsr-3655	245	10	positive	positive	ADJ
fsr-3655	245	11	and	and	CCONJ
fsr-3655	245	12	significant	significant	ADJ
fsr-3655	245	13	.	.	PUNCT
fsr-3655	246	1	in	in	ADP
fsr-3655	246	2	all	all	DET
fsr-3655	246	3	variants	variant	NOUN
fsr-3655	246	4	where	where	SCONJ
fsr-3655	246	5	real	real	ADJ
fsr-3655	246	6	estate	estate	NOUN
fsr-3655	246	7	income	income	NOUN
fsr-3655	246	8	is	be	AUX
fsr-3655	246	9	included	include	VERB
fsr-3655	246	10	ex	ex	PRON
fsr-3655	246	11	ante	ante	NOUN
fsr-3655	246	12	,	,	PUNCT
fsr-3655	246	13	labor	labor	NOUN
fsr-3655	246	14	income	income	NOUN
fsr-3655	246	15	is	be	AUX
fsr-3655	246	16	significant	significant	ADJ
fsr-3655	246	17	in	in	ADP
fsr-3655	246	18	affecting	affect	VERB
fsr-3655	246	19	the	the	DET
fsr-3655	246	20	locational	locational	ADJ
fsr-3655	246	21	choice	choice	NOUN
fsr-3655	246	22	.	.	PUNCT
fsr-3655	247	1	while	while	SCONJ
fsr-3655	247	2	labor	labor	NOUN
fsr-3655	247	3	income	income	NOUN
fsr-3655	247	4	is	be	AUX
fsr-3655	247	5	significant	significant	ADJ
fsr-3655	247	6	,	,	PUNCT
fsr-3655	247	7	real	real	ADJ
fsr-3655	247	8	estate	estate	NOUN
fsr-3655	247	9	income	income	NOUN
fsr-3655	247	10	is	be	AUX
fsr-3655	247	11	also	also	ADV
fsr-3655	247	12	important	important	ADJ
fsr-3655	247	13	in	in	ADP
fsr-3655	247	14	locational	locational	ADJ
fsr-3655	247	15	choice	choice	NOUN
fsr-3655	247	16	.	.	PUNCT
fsr-3655	248	1	the	the	DET
fsr-3655	248	2	coefficients	coefficient	NOUN
fsr-3655	248	3	fik	fik	PROPN
fsr-3655	248	4	and	and	CCONJ
fsr-3655	248	5	pc	pc	NOUN
fsr-3655	248	6	are	be	AUX
fsr-3655	248	7	the	the	DET
fsr-3655	248	8	weights	weight	NOUN
fsr-3655	248	9	assigned	assign	VERB
fsr-3655	248	10	to	to	ADP
fsr-3655	248	11	the	the	DET
fsr-3655	248	12	two	two	NUM
fsr-3655	248	13	forms	form	NOUN
fsr-3655	248	14	of	of	ADP
fsr-3655	248	15	income	income	NOUN
fsr-3655	248	16	by	by	ADP
fsr-3655	248	17	individuals	individual	NOUN
fsr-3655	248	18	in	in	ADP
fsr-3655	248	19	computing	compute	VERB
fsr-3655	248	20	total	total	ADJ
fsr-3655	248	21	income	income	NOUN
fsr-3655	248	22	.	.	PUNCT
fsr-3655	249	1	if	if	SCONJ
fsr-3655	249	2	the	the	DET
fsr-3655	249	3	weights	weight	NOUN
fsr-3655	249	4	are	be	AUX
fsr-3655	249	5	zero	zero	NUM
fsr-3655	249	6	,	,	PUNCT
fsr-3655	249	7	all	all	DET
fsr-3655	249	8	real	real	ADJ
fsr-3655	249	9	estate	estate	NOUN
fsr-3655	249	10	income	income	NOUN
fsr-3655	249	11	is	be	AUX
fsr-3655	249	12	excluded	exclude	VERB
fsr-3655	249	13	.	.	PUNCT
fsr-3655	250	1	when	when	SCONJ
fsr-3655	250	2	the	the	DET
fsr-3655	250	3	weights	weight	NOUN
fsr-3655	250	4	are	be	AUX
fsr-3655	250	5	unity	unity	NOUN
fsr-3655	250	6	,	,	PUNCT
fsr-3655	250	7	both	both	DET
fsr-3655	250	8	incomes	income	NOUN
fsr-3655	250	9	are	be	AUX
fsr-3655	250	10	included	include	VERB
fsr-3655	250	11	,	,	PUNCT
fsr-3655	250	12	and	and	CCONJ
fsr-3655	250	13	homogeneous	homogeneous	ADJ
fsr-3655	250	14	with	with	ADP
fsr-3655	250	15	labor	labor	NOUN
fsr-3655	250	16	income	income	NOUN
fsr-3655	250	17	.	.	PUNCT
fsr-3655	251	1	in	in	ADP
fsr-3655	251	2	the	the	DET
fsr-3655	251	3	unrestricted	unrestricted	ADJ
fsr-3655	251	4	case	case	NOUN
fsr-3655	251	5	,	,	PUNCT
fsr-3655	251	6	real	real	ADJ
fsr-3655	251	7	estate	estate	NOUN
fsr-3655	251	8	investor	investor	NOUN
fsr-3655	251	9	income	income	NOUN
fsr-3655	251	10	,	,	PUNCT
fsr-3655	251	11	while	while	SCONJ
fsr-3655	251	12	positive	positive	ADJ
fsr-3655	251	13	,	,	PUNCT
fsr-3655	251	14	is	be	AUX
fsr-3655	251	15	not	not	PART
fsr-3655	251	16	significant	significant	ADJ
fsr-3655	251	17	,	,	PUNCT
fsr-3655	251	18	but	but	CCONJ
fsr-3655	251	19	the	the	DET
fsr-3655	251	20	owner	owner	NOUN
fsr-3655	251	21	premium	premium	NOUN
fsr-3655	251	22	is	be	AUX
fsr-3655	251	23	significant	significant	ADJ
fsr-3655	251	24	.	.	PUNCT
fsr-3655	252	1	the	the	DET
fsr-3655	252	2	hypothesis	hypothesis	NOUN
fsr-3655	252	3	that	that	PRON
fsr-3655	252	4	the	the	DET
fsr-3655	252	5	two	two	NUM
fsr-3655	252	6	types	type	NOUN
fsr-3655	252	7	of	of	ADP
fsr-3655	252	8	income	income	NOUN
fsr-3655	252	9	are	be	AUX
fsr-3655	252	10	identical	identical	ADJ
fsr-3655	252	11	fails	fail	VERB
fsr-3655	252	12	.	.	PUNCT
fsr-3655	253	1	the	the	DET
fsr-3655	253	2	critical	critical	ADJ
fsr-3655	253	3	value	value	NOUN
fsr-3655	253	4	of	of	ADP
fsr-3655	253	5	x2	x2	PROPN
fsr-3655	253	6	with	with	ADP
fsr-3655	253	7	one	one	NUM
fsr-3655	253	8	degree	degree	NOUN
fsr-3655	253	9	of	of	ADP
fsr-3655	253	10	freedom	freedom	NOUN
fsr-3655	253	11	is	be	AUX
fsr-3655	253	12	8.2	8.2	NUM
fsr-3655	253	13	,	,	PUNCT
fsr-3655	253	14	but	but	CCONJ
fsr-3655	253	15	the	the	DET
fsr-3655	253	16	test	test	NOUN
fsr-3655	253	17	statistic	statistic	NOUN
fsr-3655	253	18	is	be	AUX
fsr-3655	253	19	8.8	8.8	NUM
fsr-3655	253	20	.	.	PUNCT
fsr-3655	254	1	column	column	NOUN
fsr-3655	254	2	3	3	NUM
fsr-3655	254	3	tests	test	VERB
fsr-3655	254	4	whether	whether	SCONJ
fsr-3655	254	5	all	all	DET
fsr-3655	254	6	three	three	NUM
fsr-3655	254	7	types	type	NOUN
fsr-3655	254	8	of	of	ADP
fsr-3655	254	9	income	income	NOUN
fsr-3655	254	10	are	be	AUX
fsr-3655	254	11	homogeneous	homogeneous	ADJ
fsr-3655	254	12	.	.	PUNCT
fsr-3655	255	1	this	this	DET
fsr-3655	255	2	test	test	NOUN
fsr-3655	255	3	restricts	restrict	VERB
fsr-3655	255	4	the	the	DET
fsr-3655	255	5	two	two	NUM
fsr-3655	255	6	discount	discount	NOUN
fsr-3655	255	7	factors	factor	NOUN
fsr-3655	255	8	at	at	ADP
fsr-3655	255	9	unity	unity	NOUN
fsr-3655	255	10	.	.	PUNCT
fsr-3655	256	1	the	the	DET
fsr-3655	256	2	test	test	NOUN
fsr-3655	256	3	fails	fail	VERB
fsr-3655	256	4	,	,	PUNCT
fsr-3655	256	5	with	with	ADP
fsr-3655	256	6	a	a	DET
fsr-3655	256	7	x2/2	x2/2	PROPN
fsr-3655	256	8	test	test	NOUN
fsr-3655	256	9	statistic	statistic	NOUN
fsr-3655	256	10	of	of	ADP
fsr-3655	256	11	12.2	12.2	NUM
fsr-3655	256	12	,	,	PUNCT
fsr-3655	256	13	against	against	ADP
fsr-3655	256	14	a	a	DET
fsr-3655	256	15	critical	critical	ADJ
fsr-3655	256	16	value	value	NOUN
fsr-3655	256	17	of	of	ADP
fsr-3655	256	18	10.6	10.6	NUM
fsr-3655	256	19	.	.	PUNCT
fsr-3655	257	1	in	in	ADP
fsr-3655	257	2	column	column	NOUN
fsr-3655	257	3	4	4	NUM
fsr-3655	257	4	,	,	PUNCT
fsr-3655	257	5	all	all	DET
fsr-3655	257	6	real	real	ADJ
fsr-3655	257	7	estate	estate	NOUN
fsr-3655	257	8	income	income	NOUN
fsr-3655	257	9	is	be	AUX
fsr-3655	257	10	excluded	exclude	VERB
fsr-3655	257	11	.	.	PUNCT
fsr-3655	258	1	real	real	ADJ
fsr-3655	258	2	estate	estate	NOUN
fsr-3655	258	3	income	income	NOUN
fsr-3655	258	4	can	can	AUX
fsr-3655	258	5	not	not	PART
fsr-3655	258	6	be	be	AUX
fsr-3655	258	7	removed	remove	VERB
fsr-3655	258	8	from	from	ADP
fsr-3655	258	9	a	a	DET
fsr-3655	258	10	definition	definition	NOUN
fsr-3655	258	11	of	of	ADP
fsr-3655	258	12	income	income	NOUN
fsr-3655	258	13	,	,	PUNCT
fsr-3655	258	14	with	with	ADP
fsr-3655	258	15	x2/2	x2/2	NUM
fsr-3655	258	16	being	be	AUX
fsr-3655	258	17	14.2	14.2	NUM
fsr-3655	258	18	,	,	PUNCT
fsr-3655	258	19	against	against	ADP
fsr-3655	258	20	a	a	DET
fsr-3655	258	21	critical	critical	ADJ
fsr-3655	258	22	value	value	NOUN
fsr-3655	258	23	of	of	ADP
fsr-3655	258	24	10.6	10.6	NUM
fsr-3655	258	25	.	.	PUNCT
fsr-3655	259	1	location	location	NOUN
fsr-3655	259	2	decisions	decision	NOUN
fsr-3655	259	3	are	be	AUX
fsr-3655	259	4	not	not	PART
fsr-3655	259	5	made	make	VERB
fsr-3655	259	6	solely	solely	ADV
fsr-3655	259	7	on	on	ADP
fsr-3655	259	8	the	the	DET
fsr-3655	259	9	58	58	NUM
fsr-3655	259	10	financial	financial	ADJ
fsr-3655	259	11	services	service	NOUN
fsr-3655	259	12	review	review	NOUN
fsr-3655	259	13	,	,	PUNCT
fsr-3655	259	14	l(1	l(1	PROPN
fsr-3655	259	15	)	)	PUNCT
fsr-3655	259	16	1991	1991	NUM
fsr-3655	259	17	basis	basis	NOUN
fsr-3655	259	18	of	of	ADP
fsr-3655	259	19	labor	labor	NOUN
fsr-3655	259	20	income	income	NOUN
fsr-3655	259	21	.	.	PUNCT
fsr-3655	260	1	individuals	individual	NOUN
fsr-3655	260	2	use	use	VERB
fsr-3655	260	3	a	a	DET
fsr-3655	260	4	more	more	ADV
fsr-3655	260	5	broadly	broadly	ADV
fsr-3655	260	6	based	base	VERB
fsr-3655	260	7	definition	definition	NOUN
fsr-3655	260	8	of	of	ADP
fsr-3655	260	9	income	income	NOUN
fsr-3655	260	10	,	,	PUNCT
fsr-3655	260	11	including	include	VERB
fsr-3655	260	12	the	the	DET
fsr-3655	260	13	return	return	NOUN
fsr-3655	260	14	to	to	ADP
fsr-3655	260	15	real	real	ADJ
fsr-3655	260	16	estate	estate	NOUN
fsr-3655	260	17	.	.	PUNCT
fsr-3655	261	1	7	7	X
fsr-3655	261	2	.	.	X
fsr-3655	261	3	concluding	conclude	VERB
fsr-3655	261	4	remarks	remark	VERB
fsr-3655	261	5	the	the	DET
fsr-3655	261	6	individual	individual	ADJ
fsr-3655	261	7	investor	investor	NOUN
fsr-3655	261	8	holds	hold	VERB
fsr-3655	261	9	a	a	DET
fsr-3655	261	10	restricted	restricted	ADJ
fsr-3655	261	11	portfolio	portfolio	NOUN
fsr-3655	261	12	of	of	ADP
fsr-3655	261	13	assets	asset	NOUN
fsr-3655	261	14	,	,	PUNCT
fsr-3655	261	15	principally	principally	ADV
fsr-3655	261	16	skills	skill	VERB
fsr-3655	261	17	to	to	PART
fsr-3655	261	18	earn	earn	VERB
fsr-3655	261	19	salaries	salary	NOUN
fsr-3655	261	20	and	and	CCONJ
fsr-3655	261	21	real	real	ADJ
fsr-3655	261	22	estate	estate	NOUN
fsr-3655	261	23	.	.	PUNCT
fsr-3655	262	1	this	this	DET
fsr-3655	262	2	restricted	restrict	VERB
fsr-3655	262	3	portfolio	portfolio	NOUN
fsr-3655	262	4	is	be	AUX
fsr-3655	262	5	nondiversified	nondiversifie	VERB
fsr-3655	262	6	and	and	CCONJ
fsr-3655	262	7	subject	subject	ADJ
fsr-3655	262	8	to	to	ADP
fsr-3655	262	9	risk	risk	NOUN
fsr-3655	262	10	in	in	ADP
fsr-3655	262	11	the	the	DET
fsr-3655	262	12	area	area	NOUN
fsr-3655	262	13	.	.	PUNCT
fsr-3655	263	1	a	a	DET
fsr-3655	263	2	decline	decline	NOUN
fsr-3655	263	3	in	in	ADP
fsr-3655	263	4	the	the	DET
fsr-3655	263	5	local	local	ADJ
fsr-3655	263	6	economy	economy	NOUN
fsr-3655	263	7	increases	increase	VERB
fsr-3655	263	8	the	the	DET
fsr-3655	263	9	risk	risk	NOUN
fsr-3655	263	10	of	of	ADP
fsr-3655	263	11	unemployment	unemployment	NOUN
fsr-3655	263	12	,	,	PUNCT
fsr-3655	263	13	and	and	CCONJ
fsr-3655	263	14	depresses	depress	VERB
fsr-3655	263	15	the	the	DET
fsr-3655	263	16	real	real	ADJ
fsr-3655	263	17	estate	estate	NOUN
fsr-3655	263	18	market	market	NOUN
fsr-3655	263	19	.	.	PUNCT
fsr-3655	264	1	most	most	ADJ
fsr-3655	264	2	large	large	ADJ
fsr-3655	264	3	employers	employer	NOUN
fsr-3655	264	4	pay	pay	VERB
fsr-3655	264	5	similar	similar	ADJ
fsr-3655	264	6	compensation	compensation	NOUN
fsr-3655	264	7	,	,	PUNCT
fsr-3655	264	8	regardless	regardless	ADV
fsr-3655	264	9	of	of	ADP
fsr-3655	264	10	location	location	NOUN
fsr-3655	264	11	.	.	PUNCT
fsr-3655	265	1	returns	return	NOUN
fsr-3655	265	2	to	to	ADP
fsr-3655	265	3	human	human	ADJ
fsr-3655	265	4	capital	capital	NOUN
fsr-3655	265	5	are	be	AUX
fsr-3655	265	6	standardized	standardize	VERB
fsr-3655	265	7	,	,	PUNCT
fsr-3655	265	8	while	while	SCONJ
fsr-3655	265	9	large	large	ADJ
fsr-3655	265	10	location	location	NOUN
fsr-3655	265	11	-	-	PUNCT
fsr-3655	265	12	specific	specific	ADJ
fsr-3655	265	13	differentials	differential	NOUN
fsr-3655	265	14	remain	remain	VERB
fsr-3655	265	15	in	in	ADP
fsr-3655	265	16	real	real	ADJ
fsr-3655	265	17	estate	estate	NOUN
fsr-3655	265	18	returns	return	NOUN
fsr-3655	265	19	.	.	PUNCT
fsr-3655	266	1	the	the	DET
fsr-3655	266	2	individual	individual	ADJ
fsr-3655	266	3	investor	investor	NOUN
fsr-3655	266	4	,	,	PUNCT
fsr-3655	266	5	dominated	dominate	VERB
fsr-3655	266	6	by	by	ADP
fsr-3655	266	7	indivisible	indivisible	ADJ
fsr-3655	266	8	investments	investment	NOUN
fsr-3655	266	9	,	,	PUNCT
fsr-3655	266	10	must	must	AUX
fsr-3655	266	11	make	make	VERB
fsr-3655	266	12	choices	choice	NOUN
fsr-3655	266	13	under	under	ADP
fsr-3655	266	14	capital	capital	NOUN
fsr-3655	266	15	market	market	NOUN
fsr-3655	266	16	and	and	CCONJ
fsr-3655	266	17	other	other	ADJ
fsr-3655	266	18	restrictions	restriction	NOUN
fsr-3655	266	19	.	.	PUNCT
fsr-3655	267	1	the	the	DET
fsr-3655	267	2	results	result	NOUN
fsr-3655	267	3	indicate	indicate	VERB
fsr-3655	267	4	that	that	SCONJ
fsr-3655	267	5	a	a	DET
fsr-3655	267	6	structure	structure	NOUN
fsr-3655	267	7	can	can	AUX
fsr-3655	267	8	be	be	AUX
fsr-3655	267	9	developed	develop	VERB
fsr-3655	267	10	to	to	PART
fsr-3655	267	11	accommodate	accommodate	VERB
fsr-3655	267	12	these	these	DET
fsr-3655	267	13	choices	choice	NOUN
fsr-3655	267	14	.	.	PUNCT
fsr-3655	268	1	acknowledgments	acknowledgment	NOUN
fsr-3655	268	2	:	:	PUNCT
fsr-3655	269	1	i	i	PRON
fsr-3655	269	2	am	be	AUX
fsr-3655	269	3	grateful	grateful	ADJ
fsr-3655	269	4	to	to	PART
fsr-3655	269	5	steven	steven	PROPN
fsr-3655	269	6	kapplin	kapplin	PROPN
fsr-3655	269	7	,	,	PUNCT
fsr-3655	269	8	mike	mike	PROPN
fsr-3655	269	9	miles	mile	NOUN
fsr-3655	269	10	,	,	PUNCT
fsr-3655	269	11	jean	jean	PROPN
fsr-3655	269	12	louis	louis	PROPN
fsr-3655	269	13	heck	heck	PROPN
fsr-3655	269	14	,	,	PUNCT
fsr-3655	269	15	lawrence	lawrence	PROPN
fsr-3655	269	16	gitman	gitman	PROPN
fsr-3655	269	17	,	,	PUNCT
fsr-3655	269	18	john	john	PROPN
fsr-3655	269	19	heineke	heineke	PROPN
fsr-3655	269	20	,	,	PUNCT
fsr-3655	269	21	and	and	CCONJ
fsr-3655	269	22	participants	participant	NOUN
fsr-3655	269	23	at	at	ADP
fsr-3655	269	24	the	the	DET
fsr-3655	269	25	academy	academy	NOUN
fsr-3655	269	26	of	of	ADP
fsr-3655	269	27	financial	financial	ADJ
fsr-3655	269	28	services	service	NOUN
fsr-3655	269	29	meetings	meeting	NOUN
fsr-3655	269	30	,	,	PUNCT
fsr-3655	269	31	orlando	orlando	PROPN
fsr-3655	269	32	,	,	PUNCT
fsr-3655	269	33	florida	florida	PROPN
fsr-3655	269	34	,	,	PUNCT
fsr-3655	269	35	for	for	ADP
fsr-3655	269	36	comments	comment	NOUN
fsr-3655	269	37	.	.	PUNCT
fsr-3655	270	1	joe	joe	PROPN
fsr-3655	270	2	dinunno	dinunno	PROPN
fsr-3655	270	3	and	and	CCONJ
fsr-3655	270	4	steve	steve	PROPN
fsr-3655	270	5	lambert	lambert	PROPN
fsr-3655	270	6	provided	provide	VERB
fsr-3655	270	7	research	research	NOUN
fsr-3655	270	8	assistance	assistance	NOUN
fsr-3655	270	9	.	.	PUNCT
fsr-3655	271	1	notes	note	VERB
fsr-3655	271	2	the	the	DET
fsr-3655	271	3	source	source	NOUN
fsr-3655	271	4	is	be	AUX
fsr-3655	271	5	the	the	DET
fsr-3655	271	6	united	united	PROPN
fsr-3655	271	7	states	states	PROPN
fsr-3655	271	8	bureau	bureau	PROPN
fsr-3655	271	9	of	of	ADP
fsr-3655	271	10	the	the	DET
fsr-3655	271	11	census	census	NOUN
fsr-3655	271	12	,	,	PUNCT
fsr-3655	271	13	current	current	ADJ
fsr-3655	271	14	population	population	NOUN
fsr-3655	271	15	survey	survey	NOUN
fsr-3655	271	16	,	,	PUNCT
fsr-3655	271	17	p-70	p-70	PROPN
fsr-3655	271	18	7	7	NUM
fsr-3655	271	19	.	.	PUNCT
fsr-3655	272	1	on	on	ADP
fsr-3655	272	2	the	the	DET
fsr-3655	272	3	expenditure	expenditure	NOUN
fsr-3655	272	4	side	side	NOUN
fsr-3655	272	5	,	,	PUNCT
fsr-3655	272	6	housing	housing	NOUN
fsr-3655	272	7	costs	cost	NOUN
fsr-3655	272	8	have	have	VERB
fsr-3655	272	9	a	a	DET
fsr-3655	272	10	34	34	NUM
fsr-3655	272	11	%	%	NOUN
fsr-3655	272	12	weight	weight	NOUN
fsr-3655	272	13	in	in	ADP
fsr-3655	272	14	the	the	DET
fsr-3655	272	15	consumer	consumer	NOUN
fsr-3655	272	16	price	price	NOUN
fsr-3655	272	17	index	index	NOUN
fsr-3655	272	18	.	.	PUNCT
fsr-3655	273	1	deaton	deaton	PROPN
fsr-3655	273	2	(	(	PUNCT
fsr-3655	273	3	1989	1989	NUM
fsr-3655	273	4	)	)	PUNCT
fsr-3655	273	5	notes	note	VERB
fsr-3655	273	6	that	that	SCONJ
fsr-3655	273	7	both	both	CCONJ
fsr-3655	273	8	from	from	ADP
fsr-3655	273	9	the	the	DET
fsr-3655	273	10	survey	survey	NOUN
fsr-3655	273	11	of	of	ADP
fsr-3655	273	12	consumer	consumer	NOUN
fsr-3655	273	13	finances	finance	NOUN
fsr-3655	273	14	and	and	CCONJ
fsr-3655	273	15	the	the	DET
fsr-3655	273	16	consumer	consumer	NOUN
fsr-3655	273	17	expenditure	expenditure	NOUN
fsr-3655	273	18	survey	survey	NOUN
fsr-3655	273	19	,	,	PUNCT
fsr-3655	273	20	the	the	DET
fsr-3655	273	21	median	median	ADJ
fsr-3655	273	22	financial	financial	ADJ
fsr-3655	273	23	wealth	wealth	NOUN
fsr-3655	273	24	of	of	ADP
fsr-3655	273	25	a	a	DET
fsr-3655	273	26	u.s	u.s	PROPN
fsr-3655	273	27	.	.	PROPN
fsr-3655	273	28	househod	househod	NOUN
fsr-3655	273	29	in	in	ADP
fsr-3655	273	30	1987	1987	NUM
fsr-3655	273	31	was	be	AUX
fsr-3655	273	32	less	less	ADJ
fsr-3655	273	33	than	than	ADP
fsr-3655	273	34	$	$	SYM
fsr-3655	273	35	1,000	1,000	NUM
fsr-3655	273	36	.	.	PUNCT
fsr-3655	274	1	this	this	DET
fsr-3655	274	2	estimate	estimate	NOUN
fsr-3655	274	3	excludes	exclude	VERB
fsr-3655	274	4	pension	pension	NOUN
fsr-3655	274	5	rights	right	NOUN
fsr-3655	274	6	.	.	PUNCT
fsr-3655	275	1	for	for	ADP
fsr-3655	275	2	holding	hold	VERB
fsr-3655	275	3	length	length	NOUN
fsr-3655	275	4	t	t	PROPN
fsr-3655	275	5	and	and	CCONJ
fsr-3655	275	6	interest	interest	NOUN
fsr-3655	275	7	rate	rate	NOUN
fsr-3655	275	8	(	(	PUNCT
fsr-3655	275	9	y	y	PROPN
fsr-3655	275	10	,	,	PUNCT
fsr-3655	275	11	the	the	DET
fsr-3655	275	12	asset	asset	NOUN
fsr-3655	275	13	value	value	NOUN
fsr-3655	275	14	of	of	ADP
fsr-3655	275	15	one	one	NUM
fsr-3655	275	16	dollar	dollar	NOUN
fsr-3655	275	17	of	of	ADP
fsr-3655	275	18	depreciation	depreciation	NOUN
fsr-3655	275	19	is	be	AUX
fsr-3655	275	20	d	d	NOUN
fsr-3655	275	21	=	=	SYM
fsr-3655	275	22	1	1	NUM
fsr-3655	275	23	(	(	PUNCT
fsr-3655	275	24	1	1	NUM
fsr-3655	275	25	+	+	CCONJ
fsr-3655	275	26	c$-=	c$-=	NOUN
fsr-3655	275	27	_	_	PUNCT
fsr-3655	275	28	t	t	NOUN
fsr-3655	275	29	a	a	X
fsr-3655	275	30	!	!	PUNCT
fsr-3655	276	1	(	(	PUNCT
fsr-3655	276	2	1	1	NUM
fsr-3655	276	3	+	+	NOUN
fsr-3655	276	4	a)=	a)=	X
fsr-3655	276	5	.	.	PUNCT
fsr-3655	277	1	multiplying	multiply	VERB
fsr-3655	277	2	by	by	ADP
fsr-3655	277	3	cy/	cy/	PROPN
fsr-3655	277	4	[	[	PUNCT
fsr-3655	277	5	1	1	NUM
fsr-3655	277	6	(	(	PUNCT
fsr-3655	277	7	1	1	NUM
fsr-3655	277	8	+	+	NUM
fsr-3655	277	9	cy)-r	cy)-r	NOUN
fsr-3655	277	10	]	]	PUNCT
fsr-3655	277	11	converts	convert	VERB
fsr-3655	277	12	the	the	DET
fsr-3655	277	13	asset	asset	NOUN
fsr-3655	277	14	to	to	ADP
fsr-3655	277	15	an	an	DET
fsr-3655	277	16	annuitized	annuitize	VERB
fsr-3655	277	17	service	service	NOUN
fsr-3655	277	18	flow	flow	NOUN
fsr-3655	277	19	,	,	PUNCT
fsr-3655	277	20	or	or	CCONJ
fsr-3655	277	21	-i	-i	ADJ
fsr-3655	277	22	cyt	cyt	NOUN
fsr-3655	277	23	a	a	X
fsr-3655	277	24	=	=	X
fsr-3655	277	25	s	s	VERB
fsr-3655	277	26	l-(l+.*)t-1	l-(l+.*)t-1	NOUN
fsr-3655	277	27	i	i	PRON
fsr-3655	277	28	the	the	DET
fsr-3655	277	29	effective	effective	ADJ
fsr-3655	277	30	depreciation	depreciation	NOUN
fsr-3655	277	31	rate	rate	NOUN
fsr-3655	277	32	.	.	PUNCT
fsr-3655	278	1	the	the	DET
fsr-3655	278	2	depreciable	depreciable	ADJ
fsr-3655	278	3	basis	basis	NOUN
fsr-3655	278	4	is	be	AUX
fsr-3655	278	5	by	by	ADP
fsr-3655	278	6	,	,	PUNCT
fsr-3655	278	7	where	where	SCONJ
fsr-3655	278	8	b	b	NOUN
fsr-3655	278	9	is	be	AUX
fsr-3655	278	10	the	the	DET
fsr-3655	278	11	ratio	ratio	NOUN
fsr-3655	278	12	of	of	ADP
fsr-3655	278	13	the	the	DET
fsr-3655	278	14	purchase	purchase	NOUN
fsr-3655	278	15	price	price	NOUN
fsr-3655	278	16	of	of	ADP
fsr-3655	278	17	structural	structural	ADJ
fsr-3655	278	18	improvements	improvement	NOUN
fsr-3655	278	19	to	to	ADP
fsr-3655	278	20	the	the	DET
fsr-3655	278	21	market	market	NOUN
fsr-3655	278	22	value	value	NOUN
fsr-3655	278	23	of	of	ADP
fsr-3655	278	24	the	the	DET
fsr-3655	278	25	property	property	NOUN
fsr-3655	278	26	.	.	PUNCT
fsr-3655	279	1	examples	example	NOUN
fsr-3655	279	2	of	of	ADP
fsr-3655	279	3	deferred	defer	VERB
fsr-3655	279	4	capital	capital	NOUN
fsr-3655	279	5	gains	gain	NOUN
fsr-3655	279	6	on	on	ADP
fsr-3655	279	7	investment	investment	NOUN
fsr-3655	279	8	real	real	ADJ
fsr-3655	279	9	estate	estate	NOUN
fsr-3655	279	10	are	be	AUX
fsr-3655	279	11	rollovers	rollover	NOUN
fsr-3655	279	12	,	,	PUNCT
fsr-3655	279	13	exchanges	exchange	NOUN
fsr-3655	279	14	within	within	ADP
fsr-3655	279	15	a	a	DET
fsr-3655	279	16	given	give	VERB
fsr-3655	279	17	time	time	NOUN
fsr-3655	279	18	limit	limit	NOUN
fsr-3655	279	19	for	for	ADP
fsr-3655	279	20	another	another	DET
fsr-3655	279	21	designated	designate	VERB
fsr-3655	279	22	property	property	NOUN
fsr-3655	279	23	,	,	PUNCT
fsr-3655	279	24	under	under	ADP
fsr-3655	279	25	section	section	NOUN
fsr-3655	279	26	1031	1031	NUM
fsr-3655	279	27	of	of	ADP
fsr-3655	279	28	the	the	DET
fsr-3655	279	29	tax	tax	NOUN
fsr-3655	279	30	code	code	NOUN
fsr-3655	279	31	,	,	PUNCT
fsr-3655	279	32	and	and	CCONJ
fsr-3655	279	33	certain	certain	ADJ
fsr-3655	279	34	installment	installment	NOUN
fsr-3655	279	35	sales	sale	NOUN
fsr-3655	279	36	provisions	provision	NOUN
fsr-3655	279	37	.	.	PUNCT
fsr-3655	280	1	the	the	DET
fsr-3655	280	2	term	term	NOUN
fsr-3655	280	3	structure	structure	NOUN
fsr-3655	280	4	,	,	PUNCT
fsr-3655	280	5	as	as	ADP
fsr-3655	280	6	in	in	ADP
fsr-3655	280	7	cox	cox	PROPN
fsr-3655	280	8	,	,	PUNCT
fsr-3655	280	9	ingersoll	ingersoll	PROPN
fsr-3655	280	10	,	,	PUNCT
fsr-3655	280	11	and	and	CCONJ
fsr-3655	280	12	ross	ross	PROPN
fsr-3655	280	13	(	(	PUNCT
fsr-3655	280	14	1985	1985	NUM
fsr-3655	280	15	)	)	PUNCT
fsr-3655	280	16	,	,	PUNCT
fsr-3655	280	17	and	and	CCONJ
fsr-3655	280	18	default	default	NOUN
fsr-3655	280	19	risk	risk	NOUN
fsr-3655	280	20	are	be	AUX
fsr-3655	280	21	other	other	ADJ
fsr-3655	280	22	modi	modi	NOUN
fsr-3655	280	23	~	~	X
fsr-3655	280	24	cations	cation	NOUN
fsr-3655	280	25	.	.	PUNCT
fsr-3655	281	1	these	these	PRON
fsr-3655	281	2	are	be	AUX
fsr-3655	281	3	for	for	ADP
fsr-3655	281	4	u.s	u.s	PROPN
fsr-3655	281	5	.	.	PROPN
fsr-3655	281	6	institutions	institution	NOUN
fsr-3655	281	7	.	.	PUNCT
fsr-3655	282	1	in	in	ADP
fsr-3655	282	2	canada	canada	PROPN
fsr-3655	282	3	,	,	PUNCT
fsr-3655	282	4	r0	r0	NOUN
fsr-3655	282	5	=	=	SYM
fsr-3655	282	6	k	k	PROPN
fsr-3655	282	7	ip	ip	VERB
fsr-3655	282	8	a	a	X
fsr-3655	282	9	,	,	PUNCT
fsr-3655	282	10	as	as	SCONJ
fsr-3655	282	11	property	property	NOUN
fsr-3655	282	12	taxes	taxis	NOUN
fsr-3655	282	13	are	be	AUX
fsr-3655	282	14	not	not	PART
fsr-3655	282	15	deductible	deductible	ADJ
fsr-3655	282	16	,	,	PUNCT
fsr-3655	282	17	but	but	CCONJ
fsr-3655	282	18	capital	capital	NOUN
fsr-3655	282	19	gains	gain	NOUN
fsr-3655	282	20	can	can	AUX
fsr-3655	282	21	be	be	AUX
fsr-3655	282	22	rolled	roll	VERB
fsr-3655	282	23	out	out	ADP
fsr-3655	282	24	with	with	ADP
fsr-3655	282	25	no	no	DET
fsr-3655	282	26	restriction	restriction	NOUN
fsr-3655	282	27	.	.	PUNCT
fsr-3655	283	1	in	in	ADP
fsr-3655	283	2	the	the	DET
fsr-3655	283	3	u.k	u.k	PROPN
fsr-3655	283	4	.	.	PROPN
fsr-3655	283	5	,	,	PUNCT
fsr-3655	283	6	japan	japan	PROPN
fsr-3655	283	7	,	,	PUNCT
fsr-3655	283	8	and	and	CCONJ
fsr-3655	283	9	real	real	ADJ
fsr-3655	283	10	estate	estate	NOUN
fsr-3655	283	11	income	income	NOUN
fsr-3655	283	12	and	and	CCONJ
fsr-3655	283	13	relocation	relocation	NOUN
fsr-3655	283	14	59	59	NUM
fsr-3655	283	15	west	west	PROPN
fsr-3655	283	16	germany	germany	PROPN
fsr-3655	283	17	,	,	PUNCT
fsr-3655	283	18	there	there	PRON
fsr-3655	283	19	is	be	VERB
fsr-3655	283	20	no	no	DET
fsr-3655	283	21	capital	capital	NOUN
fsr-3655	283	22	gains	gain	NOUN
fsr-3655	283	23	taxation	taxation	NOUN
fsr-3655	283	24	.	.	PUNCT
fsr-3655	284	1	in	in	ADP
fsr-3655	284	2	switzerland	switzerland	PROPN
fsr-3655	284	3	,	,	PUNCT
fsr-3655	284	4	imputed	impute	VERB
fsr-3655	284	5	rent	rent	NOUN
fsr-3655	284	6	k	k	PROPN
fsr-3655	284	7	is	be	AUX
fsr-3655	284	8	taxes	taxis	NOUN
fsr-3655	284	9	,	,	PUNCT
fsr-3655	284	10	but	but	CCONJ
fsr-3655	284	11	assessments	assessment	NOUN
fsr-3655	284	12	lag	lag	VERB
fsr-3655	284	13	market	market	NOUN
fsr-3655	284	14	values	value	NOUN
fsr-3655	284	15	.	.	PUNCT
fsr-3655	285	1	on	on	ADP
fsr-3655	285	2	becoming	become	VERB
fsr-3655	285	3	vice	vice	NOUN
fsr-3655	285	4	president	president	NOUN
fsr-3655	285	5	in	in	ADP
fsr-3655	285	6	1981	1981	NUM
fsr-3655	285	7	,	,	PUNCT
fsr-3655	285	8	he	he	PRON
fsr-3655	285	9	sold	sell	VERB
fsr-3655	285	10	his	his	PRON
fsr-3655	285	11	houston	houston	PROPN
fsr-3655	285	12	house	house	NOUN
fsr-3655	285	13	for	for	ADP
fsr-3655	285	14	$	$	SYM
fsr-3655	285	15	853,000	853,000	NUM
fsr-3655	285	16	and	and	CCONJ
fsr-3655	285	17	purchased	purchase	VERB
fsr-3655	285	18	his	his	PRON
fsr-3655	285	19	kennebunkport	kennebunkport	PROPN
fsr-3655	285	20	,	,	PUNCT
fsr-3655	285	21	maine	maine	PROPN
fsr-3655	285	22	,	,	PUNCT
fsr-3655	285	23	property	property	NOUN
fsr-3655	285	24	for	for	ADP
fsr-3655	285	25	$	$	SYM
fsr-3655	285	26	950,000	950,000	NUM
fsr-3655	285	27	,	,	PUNCT
fsr-3655	285	28	claiming	claim	VERB
fsr-3655	285	29	the	the	DET
fsr-3655	285	30	latter	latter	ADJ
fsr-3655	285	31	as	as	ADP
fsr-3655	285	32	his	his	PRON
fsr-3655	285	33	principal	principal	ADJ
fsr-3655	285	34	residence	residence	NOUN
fsr-3655	285	35	.	.	PUNCT
fsr-3655	286	1	the	the	DET
fsr-3655	286	2	internal	internal	ADJ
fsr-3655	286	3	revenue	revenue	NOUN
fsr-3655	286	4	service	service	NOUN
fsr-3655	286	5	successfully	successfully	ADV
fsr-3655	286	6	denied	deny	VERB
fsr-3655	286	7	his	his	PRON
fsr-3655	286	8	claim	claim	NOUN
fsr-3655	286	9	,	,	PUNCT
fsr-3655	286	10	arguing	argue	VERB
fsr-3655	286	11	that	that	SCONJ
fsr-3655	286	12	his	his	PRON
fsr-3655	286	13	principal	principal	ADJ
fsr-3655	286	14	residence	residence	NOUN
fsr-3655	286	15	was	be	AUX
fsr-3655	286	16	the	the	DET
fsr-3655	286	17	vice	vice	NOUN
fsr-3655	286	18	president	president	NOUN
fsr-3655	286	19	’s	’s	PART
fsr-3655	286	20	house	house	NOUN
fsr-3655	286	21	.	.	PUNCT
fsr-3655	287	1	he	he	PRON
fsr-3655	287	2	was	be	AUX
fsr-3655	287	3	assessed	assess	VERB
fsr-3655	287	4	over	over	ADP
fsr-3655	287	5	$	$	SYM
fsr-3655	287	6	200,000	200,000	NUM
fsr-3655	287	7	in	in	ADP
fsr-3655	287	8	back	back	ADJ
fsr-3655	287	9	capital	capital	NOUN
fsr-3655	287	10	gains	gain	NOUN
fsr-3655	287	11	taxes	taxis	NOUN
fsr-3655	287	12	and	and	CCONJ
fsr-3655	287	13	penalties	penalty	NOUN
fsr-3655	287	14	.	.	PUNCT
fsr-3655	288	1	the	the	DET
fsr-3655	288	2	continuous	continuous	ADJ
fsr-3655	288	3	demand	demand	NOUN
fsr-3655	288	4	for	for	ADP
fsr-3655	288	5	real	real	ADJ
fsr-3655	288	6	estate	estate	NOUN
fsr-3655	288	7	services	service	NOUN
fsr-3655	288	8	is	be	AUX
fsr-3655	288	9	-(au	-(au	NOUN
fsr-3655	288	10	/	/	SYM
fsr-3655	288	11	ak)/(du	ak)/(du	NOUN
fsr-3655	288	12	/	/	SYM
fsr-3655	288	13	dy	dy	NOUN
fsr-3655	288	14	)	)	PUNCT
fsr-3655	288	15	.	.	PUNCT
fsr-3655	289	1	the	the	DET
fsr-3655	289	2	relevant	relevant	ADJ
fsr-3655	289	3	decision	decision	NOUN
fsr-3655	289	4	is	be	AUX
fsr-3655	289	5	the	the	DET
fsr-3655	289	6	purchase	purchase	NOUN
fsr-3655	289	7	of	of	ADP
fsr-3655	289	8	real	real	ADJ
fsr-3655	289	9	estate	estate	NOUN
fsr-3655	289	10	properties	property	NOUN
fsr-3655	289	11	.	.	PUNCT
fsr-3655	290	1	see	see	VERB
fsr-3655	290	2	mcfadden	mcfadden	PROPN
fsr-3655	290	3	(	(	PUNCT
fsr-3655	290	4	1984	1984	NUM
fsr-3655	290	5	)	)	PUNCT
fsr-3655	290	6	and	and	CCONJ
fsr-3655	290	7	judge	judge	PROPN
fsr-3655	290	8	,	,	PUNCT
fsr-3655	290	9	griffiths	griffiths	PROPN
fsr-3655	290	10	,	,	PUNCT
fsr-3655	290	11	hill	hill	PROPN
fsr-3655	290	12	,	,	PUNCT
fsr-3655	290	13	ltitkepohl	ltitkepohl	NOUN
fsr-3655	290	14	,	,	PUNCT
fsr-3655	290	15	and	and	CCONJ
fsr-3655	290	16	lee	lee	PROPN
fsr-3655	290	17	(	(	PUNCT
fsr-3655	290	18	1985	1985	NUM
fsr-3655	290	19	,	,	PUNCT
fsr-3655	290	20	pp	pp	ADV
fsr-3655	290	21	.	.	PUNCT
fsr-3655	291	1	770	770	NUM
fsr-3655	291	2	-	-	SYM
fsr-3655	291	3	771	771	NUM
fsr-3655	291	4	)	)	PUNCT
fsr-3655	291	5	.	.	PUNCT
fsr-3655	292	1	references	reference	NOUN
fsr-3655	292	2	commerce	commerce	PROPN
fsr-3655	292	3	clearing	clearing	NOUN
fsr-3655	292	4	house	house	PROPN
fsr-3655	292	5	(	(	PUNCT
fsr-3655	292	6	cch	cch	PROPN
fsr-3655	292	7	)	)	PUNCT
fsr-3655	292	8	.	.	PUNCT
fsr-3655	293	1	1989	1989	NUM
fsr-3655	293	2	.	.	PUNCT
fsr-3655	294	1	state	state	NOUN
fsr-3655	294	2	tax	tax	NOUN
fsr-3655	294	3	handbook	handbook	NOUN
fsr-3655	294	4	.	.	PUNCT
fsr-3655	295	1	chicago	chicago	PROPN
fsr-3655	295	2	:	:	PUNCT
fsr-3655	295	3	commerce	commerce	PROPN
fsr-3655	295	4	clearing	clearing	NOUN
fsr-3655	295	5	house	house	NOUN
fsr-3655	295	6	.	.	PUNCT
fsr-3655	296	1	coldwell	coldwell	PROPN
fsr-3655	296	2	banker	banker	NOUN
fsr-3655	296	3	.	.	PUNCT
fsr-3655	297	1	1986	1986	NUM
fsr-3655	297	2	-	-	SYM
fsr-3655	297	3	1990	1990	NUM
fsr-3655	297	4	.	.	PUNCT
fsr-3655	298	1	home	home	NOUN
fsr-3655	298	2	price	price	NOUN
fsr-3655	298	3	comparison	comparison	NOUN
fsr-3655	298	4	index	index	NOUN
fsr-3655	298	5	.	.	PUNCT
fsr-3655	299	1	chicago	chicago	PROPN
fsr-3655	299	2	:	:	PUNCT
fsr-3655	300	1	coldwell	coldwell	PROPN
fsr-3655	300	2	banker	banker	NOUN
fsr-3655	300	3	.	.	PUNCT
fsr-3655	301	1	cox	cox	PROPN
fsr-3655	301	2	,	,	PUNCT
fsr-3655	301	3	j.c	j.c	PROPN
fsr-3655	301	4	.	.	PROPN
fsr-3655	301	5	,	,	PUNCT
fsr-3655	301	6	j.e	j.e	PROPN
fsr-3655	301	7	.	.	PROPN
fsr-3655	301	8	ingersoll	ingersoll	PROPN
fsr-3655	301	9	,	,	PUNCT
fsr-3655	301	10	and	and	CCONJ
fsr-3655	301	11	s.a	s.a	PROPN
fsr-3655	301	12	.	.	PROPN
fsr-3655	301	13	ross	ross	PROPN
fsr-3655	301	14	.	.	PROPN
fsr-3655	301	15	1985	1985	NUM
fsr-3655	301	16	.	.	PUNCT
fsr-3655	302	1	“	"	PUNCT
fsr-3655	302	2	a	a	DET
fsr-3655	302	3	theory	theory	NOUN
fsr-3655	302	4	of	of	ADP
fsr-3655	302	5	the	the	DET
fsr-3655	302	6	term	term	NOUN
fsr-3655	302	7	structure	structure	NOUN
fsr-3655	302	8	of	of	ADP
fsr-3655	302	9	interest	interest	NOUN
fsr-3655	302	10	rates	rate	NOUN
fsr-3655	302	11	,	,	PUNCT
fsr-3655	302	12	”	"	PUNCT
fsr-3655	302	13	econometrica	econometrica	PROPN
fsr-3655	302	14	,	,	PUNCT
fsr-3655	302	15	53	53	NUM
fsr-3655	302	16	:	:	SYM
fsr-3655	302	17	385407	385407	NUM
fsr-3655	302	18	.	.	PUNCT
fsr-3655	303	1	deaton	deaton	PROPN
fsr-3655	303	2	,	,	PUNCT
fsr-3655	303	3	a.s	a.s	PROPN
fsr-3655	303	4	.	.	PROPN
fsr-3655	303	5	1989	1989	NUM
fsr-3655	303	6	.	.	PUNCT
fsr-3655	304	1	“	"	PUNCT
fsr-3655	304	2	savings	saving	NOUN
fsr-3655	304	3	and	and	CCONJ
fsr-3655	304	4	liquidity	liquidity	NOUN
fsr-3655	304	5	constraints	constraint	NOUN
fsr-3655	304	6	.	.	PUNCT
fsr-3655	305	1	“nber	“nber	PROPN
fsr-3655	305	2	working	work	VERB
fsr-3655	305	3	paper	paper	NOUN
fsr-3655	305	4	3196	3196	NUM
fsr-3655	305	5	,	,	PUNCT
fsr-3655	305	6	december	december	PROPN
fsr-3655	305	7	.	.	PUNCT
fsr-3655	306	1	green	green	PROPN
fsr-3655	306	2	,	,	PUNCT
fsr-3655	306	3	j.r	j.r	PROPN
fsr-3655	306	4	.	.	PROPN
fsr-3655	306	5	,	,	PUNCT
fsr-3655	306	6	and	and	CCONJ
fsr-3655	306	7	j.b	j.b	PROPN
fsr-3655	306	8	.	.	PUNCT
fsr-3655	306	9	shoven	shoven	PROPN
fsr-3655	306	10	.	.	PUNCT
fsr-3655	307	1	1986	1986	NUM
fsr-3655	307	2	.	.	PUNCT
fsr-3655	308	1	“	"	PUNCT
fsr-3655	308	2	the	the	DET
fsr-3655	308	3	effects	effect	NOUN
fsr-3655	308	4	of	of	ADP
fsr-3655	308	5	interest	interest	NOUN
fsr-3655	308	6	rates	rate	NOUN
fsr-3655	308	7	on	on	ADP
fsr-3655	308	8	mortgage	mortgage	NOUN
fsr-3655	308	9	prepayments	prepayment	NOUN
fsr-3655	308	10	,	,	PUNCT
fsr-3655	308	11	”	"	PUNCT
fsr-3655	308	12	journal	journal	NOUN
fsr-3655	308	13	of	of	ADP
fsr-3655	308	14	money	money	NOUN
fsr-3655	308	15	,	,	PUNCT
fsr-3655	308	16	credit	credit	NOUN
fsr-3655	308	17	and	and	CCONJ
fsr-3655	308	18	banking	banking	NOUN
fsr-3655	308	19	,	,	PUNCT
fsr-3655	308	20	36	36	NUM
fsr-3655	308	21	:	:	SYM
fsr-3655	308	22	41	41	NUM
fsr-3655	308	23	-	-	SYM
fsr-3655	308	24	58	58	NUM
fsr-3655	308	25	.	.	PUNCT
fsr-3655	309	1	judge	judge	NOUN
fsr-3655	309	2	,	,	PUNCT
fsr-3655	309	3	g.g	g.g	PROPN
fsr-3655	309	4	.	.	PROPN
fsr-3655	309	5	,	,	PUNCT
fsr-3655	309	6	w.e	w.e	PROPN
fsr-3655	309	7	.	.	PROPN
fsr-3655	309	8	grifliths	grifliths	PROPN
fsr-3655	309	9	,	,	PUNCT
fsr-3655	309	10	r.c	r.c	PROPN
fsr-3655	309	11	.	.	PROPN
fsr-3655	309	12	hill	hill	PROPN
fsr-3655	309	13	,	,	PUNCT
fsr-3655	309	14	h.	h.	PROPN
fsr-3655	309	15	ltitkepohl	ltitkepohl	PROPN
fsr-3655	309	16	,	,	PUNCT
fsr-3655	309	17	and	and	CCONJ
fsr-3655	309	18	t	t	PROPN
fsr-3655	309	19	-	-	PUNCT
fsr-3655	309	20	s.	s.	PROPN
fsr-3655	309	21	lee	lee	PROPN
fsr-3655	309	22	.	.	PROPN
fsr-3655	309	23	1985	1985	NUM
fsr-3655	309	24	.	.	PUNCT
fsr-3655	310	1	77re	77re	ADJ
fsr-3655	310	2	theory	theory	NOUN
fsr-3655	310	3	and	and	CCONJ
fsr-3655	310	4	practice	practice	NOUN
fsr-3655	310	5	of	of	ADP
fsr-3655	310	6	econometrics	econometric	NOUN
fsr-3655	310	7	,	,	PUNCT
fsr-3655	310	8	2d	2d	NUM
fsr-3655	310	9	edition	edition	NOUN
fsr-3655	310	10	.	.	PUNCT
fsr-3655	311	1	new	new	PROPN
fsr-3655	311	2	york	york	PROPN
fsr-3655	311	3	:	:	PUNCT
fsr-3655	312	1	john	john	PROPN
fsr-3655	312	2	wiley	wiley	PROPN
fsr-3655	312	3	.	.	PUNCT
fsr-3655	313	1	mcfadden	mcfadden	PROPN
fsr-3655	313	2	,	,	PUNCT
fsr-3655	313	3	d.	d.	PROPN
fsr-3655	313	4	1984	1984	NUM
fsr-3655	313	5	.	.	PUNCT
fsr-3655	314	1	“	"	PUNCT
fsr-3655	314	2	econometric	econometric	ADJ
fsr-3655	314	3	analysis	analysis	NOUN
fsr-3655	314	4	of	of	ADP
fsr-3655	314	5	qualitative	qualitative	ADJ
fsr-3655	314	6	response	response	NOUN
fsr-3655	314	7	models	model	NOUN
fsr-3655	314	8	,	,	PUNCT
fsr-3655	314	9	”	"	PUNCT
fsr-3655	314	10	in	in	ADP
fsr-3655	314	11	handbook	handbook	NOUN
fsr-3655	314	12	of	of	ADP
fsr-3655	314	13	econometrics	econometric	NOUN
fsr-3655	314	14	,	,	PUNCT
fsr-3655	314	15	z.	z.	PROPN
fsr-3655	314	16	griliches	griliche	NOUN
fsr-3655	314	17	and	and	CCONJ
fsr-3655	314	18	m.	m.	PROPN
fsr-3655	314	19	intriligator	intriligator	PROPN
fsr-3655	314	20	,	,	PUNCT
fsr-3655	314	21	eds	eds	PROPN
fsr-3655	314	22	.	.	PUNCT
fsr-3655	315	1	amsterdam	amsterdam	PROPN
fsr-3655	315	2	:	:	PUNCT
fsr-3655	315	3	north	north	PROPN
fsr-3655	315	4	-	-	PUNCT
fsr-3655	315	5	holland	holland	PROPN
fsr-3655	315	6	.	.	PUNCT
fsr-3655	316	1	scheffe	scheffe	PROPN
fsr-3655	316	2	,	,	PUNCT
fsr-3655	316	3	h.	h.	PROPN
fsr-3655	316	4	1959	1959	NUM
fsr-3655	316	5	.	.	PUNCT
fsr-3655	317	1	711e	711e	NOUN
fsr-3655	317	2	analysis	analysis	NOUN
fsr-3655	317	3	of	of	ADP
fsr-3655	317	4	variance	variance	NOUN
fsr-3655	317	5	.	.	PUNCT
fsr-3655	318	1	new	new	PROPN
fsr-3655	318	2	york	york	PROPN
fsr-3655	318	3	:	:	PUNCT
fsr-3655	318	4	wiley	wiley	PROPN
fsr-3655	318	5	.	.	PUNCT