The Relationship Between Population Growth and Real Assessed Market Values: Note
| Autor: | Roger H. Downing, Hays B. Gamble |
|---|---|
| Rok vydání: | 1985 |
| Předmět: |
Economics
Population Population Dynamics Magnitude (mathematics) Developing country Real estate Econometrics Population growth Social Change Population Growth Community development education Developing Countries Demography Global and Planetary Change Measure (data warehouse) education.field_of_study Actuarial science Developed Countries Research United States Evaluation Studies as Topic Research Design North America Social Planning Americas Strengths and weaknesses |
| Zdroj: | Growth and Change. 16:74-77 |
| ISSN: | 1468-2257 0017-4815 |
| Popis: | Various indices are commonly used to measure growth or decline in communities and regions, but this article suggests another measure which is fairly easy to obtain--the change over time in real assessed market values. Computer storage and analysis of real estate assessment and sales data make it possible to determine accurate true assessment ratios which can be used to calculate reasonable estimates of market values. This article shows the relationship between population growth from 1970 to 1980 and the changes in real assessed market values of various property classes for over 400 Pennsylvania townships. This can provide insight into the kind and nature of community change. The most noteworthy aspect of these data, not apparent in conventional growth measures, is the magnitude of increases of residential property values in all growth categories, but particularly in the high growth townships. This kind of data could be calculated by countries or by regions; this might be more informative and useful to planners and researchers in such form. Comparing local data to regional, community, or state landmark data can help identify strengths and weaknesses or the particular nature of a community's growth. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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