RE: Farmland Preservation

Harris, Craig (Craig.Harris@ssc.msu.edu)
Sun, 12 Sep 1999 15:04:44 -0400

while it may put the brakes on development, it does not stop development,
and it redistributes the benefits of develop . . . if the smallest parcel of
farmland that can be partitioned off is 40 acres, then only developers with
sufficient financial backing will be able to get into the game . . . a
smaller number of well-bankrolled developers will be in a stronger
bargaining position vis-a-vis the farmland owners who wish to sell their
land, and thus will be able to drive down the price paid to farmland owners
. . . once these developers own the land, they will want to maximize the
profit they obtain from their investment, so they are more likely to build
higher density subdivisions . . . they are less likely to retain five or ten
acre parcels with a single family residence, and thus they are less likely
to retain rural open space
cheers,
craig

craig k harris
department of sociology
michigan state university
429b berkey hall
east lansing michigan 48824-1111
tel: 517-355-5048
fax: 517-432-2856

> ----------
> From: Paul Schmitmeyer[SMTP:ps@erinet.com]
> Sent: Friday 10 September 1999 6:58 AM
> To: Sanet
> Subject: Farmland Preservation
>
> Hi all,
> In our area there is a county that recently voted for legislation that
> the smallest parcel of land that can be sold off a farm is 40 acres. This
> put the brakes on any developement. Anyone that wants to build has to
> purchase a 40 acre plot reducing the number of people finacially able to
> do that. Furthermore, most people would probably opt to rent out the
> remaining acreage.
> Paul
>

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