Cleaning up brownfield sites not only benefits the environment – it also increases nearby property values

Taylor, Laura (2016) Cleaning up brownfield sites not only benefits the environment – it also increases nearby property values. USApp– American Politics and Policy Blog (13 Jul 2016). Website.

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Abstract

There are hundreds of thousands of contaminated commercial and industrial sites in the US, with estimated cleanup costs running to the billions. But do the benefits of cleaning up these brownfield sites outweigh the costs? In new research, Laura Taylor examines the effects of cleaning up these sites on nearby property values. In a study of brownfield sites in Minnesota, she finds that once hazardous wastes are removed, nearby house prices return to a level no different to those near to “clean” properties.

Item Type:	Online resource (Website)
Official URL:	http://blogs.lse.ac.uk/usappblog/
Additional Information:	© 2016 The Authors, USApp – American Politics and Policy Blog, The London School of Economics and Political Science.
Divisions:	Public Policy Group
Subjects:	H Social Sciences > HN Social history and conditions. Social problems. Social reform
Date Deposited:	13 Sep 2016 11:41
Last Modified:	11 Dec 2024 14:56
URI:	http://eprints.lse.ac.uk/id/eprint/67702

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