While many states such as Vermont have adopted the Purchase of Development Rights (PDR) programs to protect farmland, few studies have examined how the prices of such development rights are determined and whether the prices are close to the market value. Using data from the state of Vermont, this study first examines the effects of development restrictions on the market price of rural and semi-rural properties and then addresses the question of whether the prices paid for development rights are close to the market value.

Writing topics actuality is based on the government proposed property tax increase of 2011 residential tax. Author of the article concludes that till now disproportionately spacious cadastral value range and its inadequacy towards resident income has restricted to establish a fair personal income and property tax proportionate to the objective of appropriate tax. Just now Latvia is experiencing huge increase in amounts of real estate tax debt and number of debtors.

This study aims at explaining property right changes in selected areas of Afar region in Ethiopia. Based on primary and secondary data, explanations are given on the existing types of land use arrangements and how the traditional communal rights of pastoralists have been changing. Both communal rights and individualized rights exist the latter being introduced with the establishment of commercial farms.

Using panel data of 450 farm households for the period of 1996-2001 in Zhejiang, China, we measured land distributional effect and income effect of the land rental market. It is found that the rental market had contributed for a less equal land distribution among the households, and for the concentration of land to households with higher efficiency.

In this study, we augment an earlier study by estimating the effect of golf courses on housing values using a data set of single-family homes sold between 1994 and 2000. We find that there is generally a positive impact on houses proximate to open space (golf courses and neighborhood parks). The value of proximity to a golf course is found to be greater than figures reported in previous studies. Proximity impacts extend beyond abutting properties and go as far as to those within almost a quarter of a mile.

The impact of fanya juu bunds on productivity in a high rainfall area in the Ethiopian highlands is analyzed based on data from a cross section household survey with multiple plot observations per household. The results from parametric and non-parametric analysis indicated that productivity from conserved plots was lower than from non-conserved plots. The Oaxaca-Blinder productivity decomposition results showed that there was little difference in plot characteristics between conserved and non-conserved plots, however the returns to those characteristics were higher for non-conserved plots.

The comment indicated that landed wealth (acres owned) should be included as an explanatory variable in the zoning referendum estimation. Land can be constructed as an indicator of wealth that may be impacted by land use controls. The reply focuses on study site issues as well as theoretic, empirical, and institutional/social considerations. Responses to land use control referenda depend on the land considered, attitudes toward land use planning and socio-demographic factors, including income.

Purchasable development rights (PDR) programs are generally considered to provide permanent protection of farmland because development rights are separated from the land in perpetuity. However, the programs do not require that farming activities be maintained in the future. Farming may be discontinued on PDR parcels due to changes in economic conditions or if the parcels are converted to non-farm, rural estates. Such changes may reduce the flow of public goods that citizens seek to obtain by implementing PDR programs.

State Voluntary Cleanup Programs (VCPs) were established starting in the 1990s to encourage the environmental remediation and redevelopment of contaminated properties. These programs typically offer liability relief, subsidies and other regulatory incentives in exchange for site cleanup. This paper asks three questions: First, what type of properties are attracted to voluntary cleanup programs? Second, what is the interaction between these state programs and other incentives for remediation and economic development, such as Enterprise Zone and Brownfield Zone designations?

As average growth consumptions per capita and world population will continue to grow, the promotion of sustainable developments during the next half a century implies to take into account environmental aspects, local potentialities and futures changes in population as well climatic, economic and social factors. At the global level, land and fossil fuel availability per capita, capacity of absorption of greenhouse gas emissions are considered the most important environmental factors.

Newer residents of rural, urban-fringe communities are often assumed to have preferences for the development and conservation of rural lands that differ from those of longer-term residents. The existing literature offers little to verify or quantify presumed preference shifts. This paper provides a systematic, quantitative examination of whether stated preferences for development and conservation tradeoffs differ according to length of residency in a rural community, and explores implications of these findings for assumptions regarding development and conservation preferences.

Non-risk factors primarily determine the probability of paying positive premiums to landowners for bearing greater risk under crop share versus cash leasing arrangements. The trends toward higher cash rent levels on larger farms may indicate that higher cash rent is a bidding strategy to control additional leased acreage and perhaps to avoid management sharing with multiple landlords. Expansion of farm size may be more important than soil productivity in negotiating higher cash rents, due to potential size economies and under utilized machinery investments.