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Title: Forest disturbance impacts on residential property values
Author(s): Huggett, Robert J. Jr.; Murphy, Elizabeth A.; Holmes, Thomas P.
Date: 2008
Source: The Economics of Forest Disturbances: Wildfires, Storms, and Invasive Species, 209-228
Description: Natural environments and the amenities they offer have fueled much of the population growth in the rural United States (Deller et al. 2001, English et al. 2000). In fact, the fastest growing counties in the United States during the early 1990s were non-metropolitan counties that were destinations for retirees or that offered outdoor recreation opportunities (Johnson and Beale 1994). Migration to these rural and exurban areas from urban and suburban locations, along with growth in the United States population, has resulted in an increased mixing of humans, their artifacts, and natural environments. These expanding interface and intermix areas expose more lives and property not only to desirable natural amenities, but also to natural disturbances and disamenities.
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