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The impact of hazardous materials on property values

By: Language: English Series: Appraisal Journal ; 60(2) April 1992, 155-162(5)Publication details: 1992Subject(s): Summary: One reason for public opposition to the handling, storage or disposal of hazardous substances is the perceived downward impact on the prices of adjacent property. In order to measure this effect, the author proposes a theory which takes into account both lost income and lost opportunity damage caused.

One reason for public opposition to the handling, storage or disposal of hazardous substances is the perceived downward impact on the prices of adjacent property. In order to measure this effect, the author proposes a theory which takes into account both lost income and lost opportunity damage caused.