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- W2100135364 abstract "Hedonic modeling techniques and a difference-in-difference identification strategy were used in this study to examine the impact of an adequate public facilities ordinance (APFO) on the sale price of single-family housing in Cabarrus County, North Carolina. Plans to increase development fees collected as part of this land-use regulation were found to put upward pressure on existing housing prices in the 30 month period immediately following the announced policy change. The results suggest that policy-makers evaluating the merits of APFOs must consider their desires to manage growth and maintain housing affordability when using this regulatory tool. These considerations appear to be very important when municipalities intend to use development fees to finance needed infrastructure improvements during periods of robust housing market demand, such as the one that existed in Cabarrus County in the mid-2000s." @default.
- W2100135364 created "2016-06-24" @default.
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- W2100135364 date "2015-06-01" @default.
- W2100135364 modified "2023-09-27" @default.
- W2100135364 title "The impact of an adequate public facilities ordinance on the sale price of single-family housing in Cabarrus County, North Carolina" @default.
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- W2100135364 doi "https://doi.org/10.1080/08882746.2015.1076131" @default.
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