Homeowners Value Property Value Boost Brought About by City Trees

Wednesday, August 17, 2016 - 08:41 in Mathematics & Economics

If a city plants trees near a residential area, most homeowners value the likely subsequent increase in their property values, a new University of Florida Institute of Food and Agricultural Sciences study shows. And they're willing to pay an average of $7 more per month in taxes for public trees planted in their city.

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