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Effect of Ontario’s Greenbelt on land values depends on distance from urban areas

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Title: Effect of Ontario’s Greenbelt on land values depends on distance from urban areas
Author: Deaton, B.J.; Vyn, R.J.; Institute for Community Engaged Scholarship
Abstract: Efforts to preserve farmland are often initiated with the stated goals of protecting open space, supporting local farming, reducing sprawl, and protecting the environment. Policies that achieve this goal alter the future uses of farmland and therefore, may influence property values. This study finds some evidence that the Greenbelt is effectively altering development patterns and influencing land values. However, the evidence of an effect is limited to a small region within the protected countryside.
Description: This summary is a project of the Institute for Community Engaged Scholarship (ICES) at the University of Guelph, with project partners: the Catalyst Centre, SPARK Program at the University of Guelph, and Knowledge Mobilization Unit at York University. This project is part of the Pan-Canadian Research Impact Network. http://csahs.uoguelph.ca/pps/Clear_Research
URI: http://hdl.handle.net/10214/6149
Date: 2013-03-21


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