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ECONOMIC RATIONALE FOR CONVERSION
ENVIRONMENTAL FACTORS AFFECTING CONVERSION
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25 percent apartment building owner apartment property appreciation areas assessment benefits capital gains cash flow statement Chicago condo conversion condo ownership condo units condominium conversion condominium ownership condominium units construction Cook County decrease demand depreciation rates detached homes displacement economic elderly equity factors Federal tax finance charges GNMA greater higher homeowners homeownership housing market housing stock incentive income groups increase individual inflation interest and property interest rates investment investors landlord less loans major market value ment minium moderate income mortgage interest natural gas neighborhood older buildings ordinances ordinary income owner's equity payments percentage population profit programs property tax real estate regulation rehabilitation rent control rental building rental housing rental property rental stock rental units renters resale residential revenue Section single family homes standard deduction subsidy Table tax base tax brackets tax deductions tax rate tax savings tax shelter tax-exempt tenants unit buyers Urban Development