sam's notes

notes on government, sports and popular culture

Saturday, October 08, 2005

....A good primer on purchase of development rights programs:

“An enormous amount of evidence has emerged over the last decade that indicates that farmland conversion has been subsidized by government taxation and transportation policies. If this is correct, the development values of real estate at the urban fringe have been inflated as a result of these policies, and thus really do not reflect true 'free market values.'”


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