Single Family Housing: Pricing, Investment, and Tax Considerations 家庭住宅:定价、投资和税收 Readers will gain a general understanding of the determinants of house prices and appraisal procedures used for residential mortgage lending. We will provide techniques for determining the appreciation rates in house prices and on equity, as well as federal income tax treatment for homeowners and comparisons with the cost of renting. We will also review the three approaches used by appraisers to estimate the market value of residential properties. Various issues involving housing bubbles and investing in distressed properties will be discussed. Lenders and investors should be familiar with these concepts and with the assumptions made by each and their effects on value.