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Valuation of Conservation and Preservation Properties
Angličtina
137 b
30 dní na vrátenie tovaru
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64.20
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There has been a recent trend for many local, state, §and federal agencies to buy land for conservation §purposes. Also, many of these agencies have issued §development moratoria, which decreases the value of §some private property. This book analyzes the §effects of these policies and uses data to research §the possibility of alternative land uses on land §prices. Both economic theory and statistical §analysis are used to show that a large percentage of §the value of preservation properties comes from §potential uses of the property. This implies that §if landowners are not compensated for taking away §their development rights, they have an incentive to §develop the land before development is banned. This §outcome is not optimal for either party. These §results should be of interest to various government §agencies as well as many landowners.
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Angličtina
