Explain the impact of property taxes on urban sprawl in your own words, as discussed in...

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Economics

Explain the impact of property taxes on urban sprawl in your ownwords, as discussed in Slack (2016

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Answer Nevertheless urban sprawl is associated with multiple negative environmental social and economic impacts for an overview see Brueckner and Kim 2003EEA 2016Haase and Schwarz 2009 Environmentally it involves the consumption of natural resources the destruction of natural landscapes and increases in greenhouse gas emissions EEA 2006b 2016 Lambin et al 2000 However urban sprawl cannot be considered efficient as long as it does not take into account externalities associated with the abovementioned environmental social and economic impacts Not accounting for these externalities implies that land will be developed moresooner than socially optimal Altes 2008Brueckner and Kim 2003Jou and Lee 2007Perman et al 2003 Simulation models See Answer

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