Impact attenuation in nonconflict situations: the price effects of a nuisance land-use
AbstractIn this paper the effect an inactive landfill site had on the sales price of surrounding houses is described. The spatial extent of the damage done by a nuisance site that was present at the time the houses were built is considered. Evidence is provided of the limited extent of the damage created by a nuisance land-use that did not generate negative publicity and conflict. Indirectly, the findings show that impacts that do not evoke rancor or present possible hazards are limited to a relatively small and easily definable zone. It should not, therefore, be difficult to implement compensation plans for the impacts of nuisance producing land-use sites. The implementation of such plans should help to ensure that land-use conflicts do not spread the cost of the nuisance beyond the area they affect directly.
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Bibliographic InfoArticle provided by Pion Ltd, London in its journal Environment and Planning A.
Volume (Year): 21 (1989)
Issue (Month): 3 (March)
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Web page: http://www.pion.co.uk
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- Farber, Stephen, 1998. "Undesirable facilities and property values: a summary of empirical studies," Ecological Economics, Elsevier, vol. 24(1), pages 1-14, January.
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