Economist Links Park Funding to Increased Home Values
newscatcher
2023-08-25 16:32
Economist Links Park Funding to Increased Home Values
Ohio residents who vote against tax renewals for parks and recreation spending could be costing themselves a significant amount of wealth in the form of their homes' value, a University of Cincinnati economist found. University of Cincinnati student orientation leaders tour Smale Riverfront Park in downtown Cincinnati. Photo/Angie Bolan While house prices didn't reflect a change immediately, three years after the votes the communities that approved the park and recreation maintenance saw 13% higher house values compared to the communities that voted against their levies.

https://www.miragenews.com/economist-links-park-funding-to-increased-home-1072452/

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