Analysis of the Influence of Open Space on Residential Values
Mukherjee, Monobina and Linda Fernandez
Residential property values decrease with increasing distance from open space in two Southern California counties, regardless of open space preservation policy. Homeowners residing in zones of these counties, with big cities and scarce open space, have a high value for proximity to open space.
Property values, lot size, open space policy
Mukherjee, Monobina and Linda Fernandez. 2011. "Analysis of the Influence of Open Space on Residential Values." ARE Update 15(1): 5-8. University of California Giannini Foundation of Agricultural Economics.