Spring/Summer 1988, Vol 13, No 1

Abstract: Urban containment policies which prevent development beyond urban growth boundaries and preserved rural land for greenbelt uses may alter the regional land market in two ways: the policies create an additional demand for urban land and reduce the demand for rural land; the policies provide an amenity increment for urban land that in near greenbelt land. Urban containment policies also provide a disamenity increment for farmland near urban development creating restrictive farming practices and falling farmland rents.