Download or read book The Internal and External Impact of Historical Designation on Property Values written by N. Edward Coulson and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Designation of historic properties and historic districts is increasingly used as a means to revive central city neighborhoods and to promote urban economic development. While preservation activities are thought to generate positive externalities for surrounding neighborhoods, these external effects have been difficult to quantify. Using a database of tax appraisal records for residential properties in Abilene, Texas, this study demonstates that there are significant, positive externalities associated with historic designation. We perform simple cost-benefit calculations and find that the internal and external benefits more than outweigh the (non-zero) costs associated with historical designation. Moreover, from the city of Abilene's perspective the property tax incentives provided to historic reinvestment are outweighed by the added property tax revenue created by the increased value.
Download or read book Making Or Picking Winners written by Douglas S. Noonan and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article measures the impacts of historic preservation regulations on property values inside and outside of officially designated historic districts. The analysis relies on a model of historic designation to control for the tendency to designate higher quality properties. An instrumental variables model using rich data on historic significance corrects for this bias. The results for Chicago during the 1990s indicate that price impacts from designation inside a landmark district vary considerably across homes inside the districts. Controlling for extant historic quality, which the market values positively, restrictions apparently have negative price effects on average both within and outside districts.
Download or read book The Impact of Local Historical Designation on Residential Property Value written by and published by . This book was released on 2008 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historic designation is thought to have a role in neighborhood economic and community development. Local designation of historic districts is increasingly used as a tool to revitalize deteriorated neighborhoods and to protect endangered historical districts. A number of limitations in several previous studies have made policy development as well as a complete assessment of the impact of designation difficult. Some past studies focused only on historic neighborhoods in one city or one state; other studies have tested the impact of historic designation in general without distinguishing between local, state, or federal designation. Lastly, several earlier studies have also relied on comparing changes in property values in historic areas with those non-historic areas but with too few control variables to isolate the effects of historic area designation. This dissertation expands upon previous work by examining the effects of local historic designation on residential property values across six central cities in five states in the United States while controlling for numerous other variables that could impact the property values. The study employs hedonic regression models and difference on difference (case-control) descriptive statistical models to estimate the impact of local government designation of an area as a historical district on the prices of residential property. This is accomplished by the pairing of each historic district with a similar community that was not designated as historic. The research was performed in three fast-growth and three slow-growth central cities. The results indicate that local historic designation is associated with higher property values in the six central cities. In addition, the positive appreciation effects of local historic designation in slow-growth central cities were higher than in fast-growth central cities by 7.7 percent suggesting that historic designation has a role to play in urban revitalization for areas striving to improve property values despite slow population growth.
Download or read book Evidence and Innovation in Housing Law and Policy written by Lee Anne Fennell and published by Cambridge University Press. This book was released on 2017-08-29 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary volume illuminates housing's impact on both wealth and community, and examines legal and policy responses to current challenges. Also available as Open Access.
Download or read book Journal of Housing Research written by and published by . This book was released on 2006 with total page 1430 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook on the Economics of Cultural Heritage written by Ilde Rizzo and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 673 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cultural heritage is a complex and elusive concept, constantly evolving through time, and combining cultural, aesthetic, symbolic, spiritual, historical and economic values. The Handbook on the Economics of Cultural Heritage outlines the contribution of economics to the design and analysis of cultural heritage policies and to addressing issues related to the conservation, management and enhancement of heritage. The Handbook takes a multidisciplinary approach, using cultural economics as a theoretical framework to illustrate how crucial and stimulating cross-disciplinary dialogue actually is. Contributors scrutinise the co-existence of cultural and economic values as well as the new challenges that arise from changes brought about by technology, and relationships between the different actors engaged in the production, distribution and consumption of heritage services. The roles of public, private and non-profit organizations are also explored. Case studies underpin the discussion, demonstrating the clear and vital link between theory and practice. This highly unique Handbook will prove a fascinating and informative read for academics, researchers, students and policymakers with an interest in cultural economics.
Download or read book Evidence and Innovation in Housing Law and Policy written by Lee Anne Fennell and published by Cambridge University Press. This book was released on 2017-08-29 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: No area of law and policy is more central to our well-being than housing, yet research on the topic is too often produced in disciplinary or methodological silos that fail to connect to policy on the ground. This pathbreaking book, which features leading scholars from a range of academic fields, cuts across disciplines to forge new connections in the discourse. In accessible prose filled with cutting-edge ideas, these scholars address topics ranging from the recent financial crisis to discrimination and gentrification and show how housing law and policy impacts household wealth, financial markets, urban landscapes, and local communities. Together, they harness evidence and theory to capture the 'state of play' in housing, generating insights that will be relevant to academics and policymakers alike. This title is also available as Open Access.
Download or read book Cultural Tourism and Sustainable Local Development written by Luigi Fusco Girard and published by Routledge. This book was released on 2016-12-05 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the exponential rise in leisure mobility, tourism has increasingly become of great economic significance. Cultural heritage, such as museums, churches, historical landscapes, urban parks, and exhibitions attract many visitors and countries, regions and cities which house such historic-cultural amenities have seen increasingly large waves of tourists. While an avalanche of tourists has a positive impact on the local economy, such modern mass tourism also brings about negative externalities such as congestion, decline in quality of life, low access to cultural amenities and loss of local identity; to the extent that the sustainability conditions of a locality might be endangered. This tourism dilemma is particularly pronounced in cities with a rich cultural past, such as Venice, Naples and Amsterdam. Bringing together an interdisciplinary team of leading scholars from North America and Europe, this book examines the interface of local cultural resources and modern mass tourism from a sustainability perspective. It puts forward innovative methodologies and best case practice for future cultural conservation policies.
Download or read book Preserving Neighborhoods written by Aaron Passell and published by Columbia University Press. This book was released on 2021-01-19 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historic preservation is typically regarded as an elitist practice. In this view, designating a neighborhood as historic is a project by and for affluent residents concerned with aesthetics, not affordability. It leads to gentrification and rising property values for wealthy homeowners, while displacement afflicts longer-term, lower-income residents of the neighborhood, often people of color. Through rich case studies of Baltimore and Brooklyn, Aaron Passell complicates this story, exploring how community activists and local governments use historic preservation to accelerate or slow down neighborhood change. He argues that this form of regulation is one of the few remaining urban policy interventions that enable communities to exercise some control over the changing built environments of their neighborhoods. In Baltimore, it is part of a primarily top-down strategy for channeling investment into historic neighborhoods, many of them plagued by vacancy and abandonment. In central Brooklyn, neighborhood groups have discovered the utility of landmark district designation as they seek to mitigate rapid change with whatever legal tools they can. The contrast between Baltimore and Brooklyn reveals that the relationship between historic preservation and neighborhood change varies not only from city to city, but even from neighborhood to neighborhood. In speaking with local activists, Passell finds that historic district designation and enforcement efforts can be a part of neighborhood community building and bottom-up revitalization. Featuring compelling narrative interviews alongside quantitative data, Preserving Neighborhoods is a nuanced mixed-methods study of an important local-level urban policy and its surprisingly varied consequences.
Download or read book The Effects of Historic District Designation to the National Register of Historic Places on Residential Property Values in the District of Columbia written by Marjorie Rachelson Samuels and published by . This book was released on 1981 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Preservation written by Cecily P. Ahern and published by . This book was released on 1988 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding German Real Estate Markets written by Tobias Just and published by Springer. This book was released on 2016-10-06 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, experts discuss how German real estate values have remained stable throughout the financial crisis, even though transaction volumes have been very volatile since 2005. Consequently, risk-averse national and international investors have started to invest in virtually all German real estate asset classes. This book tries to answer what has made the German real estate markets more resilient to shocks than many European real estate markets by analyzing the economic, regulatory and demographic environment. In 30 well-structured chapters, experts from both the academic and professional world analyze structural and current issues of German real estate markets. Readers will get a deep understanding of what makes the German real estate market special and where potential opportunities and threats in Europe’s largest real estate market exist.
Download or read book Urban Economics and Real Estate written by John F. McDonald and published by John Wiley & Sons. This book was released on 2010-03-29 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.
Download or read book Cultural Mega Events written by Zachary M. Jones and published by Routledge. This book was released on 2020-03-05 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mega-events have long been used by cities as a strategy to secure global recognition and attract future economic investment. However, while cultural mega-events like the European Capital of Culture have become increasingly popular, cities have begun questioning the traditional model of other events such as the Olympic Games with many candidate cities cancelling bids in recent years. This approach to planning and developing cities through mega-events introduces a broad range of physical effects and nuanced institutional changes for cities, particularly for the more sensitive heritage areas of cities. This book explores these issues by first examining the dynamics of cities’ attempts to reduce overall costs and increase the sustainability of these large events by further embedding them within the existing fabric of the city and second by studying in depth the impact on the heritage of host cities. This book investigates three World Heritage Cities: Genoa, Liverpool and Istanbul, each of which have hosted the European Capital of Culture and introduced a variety of opportunities and risks for their heritage. The book highlights the potential benefits and challenges of integrating event and heritage planning to provide lessons that can help future historic cities and heritage decision makers better prepare for such events.
Download or read book Preservation and the New Data Landscape written by Erica Avrami and published by Issues in Preservation Policy. This book was released on 2019 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how enhancing the collection, accuracy, and management of data can aid in identifying vulnerable neighborhoods, understanding the role of older buildings, and planning sustainable growth. For preservation to play a dynamic and inclusive role, policy must evolve beyond designation and regulation and use evidence-based research.
Download or read book Handbook of the Economics of Art and Culture written by Victor A. Ginsburgh and published by Elsevier. This book was released on 2006-09-13 with total page 1401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last 30 or 40 years a substantial literature has grown up in which the tools of economic theory and analysis have been applied to problems in the arts and culture. Economists who have surveyed the field generally locate the origins of contemporary cultural economics as being in 1966, the year of publication of the first major work in modern times dedicated specifically to the economics of the arts. It was a book by Baumol and Bowen which showed that economic analysis could illuminate the supply of and demand for artistic services, the contribution of the arts sector to the economy, and the role of public policy. Following the appearance of the Baumol and Bowen work, interest in the economics of the arts grew steadily, embracing areas such as demand for the arts, the economic functions of artists, the role of the nonprofit sector, and other areas. Cultural economics also expanded to include the cultural or entertainment industries (the media, movies, the publishing industry, popular music), as well as heritage and museum management, property right questions (in particular copyright) and the role of new communication technologies such as the internet. The field is therefore located at the crossroads of several disciplines: economics and management, but also art history, art philosophy, sociology and law. The Handbook is placed firmly in economics, but it also builds bridges across these various disciplines and will thus be of interest to researchers in all these different fields, as well as to those who are engaged in cultural policy issues and the role of culture in the development of our societies. *Presents an overview of the history of art markets *Addresses the value of art and consumer behavior toward acquiring art *Examines the effect of art on economies of developed and developing countries around the world
Download or read book Federal Historic Preservation Laws written by United States and published by . This book was released on 1993 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
