Cookie-cutter suburbs could help spread sustainable yards
- December 3, 2019
- But only if new approaches explicitly help property values, says Matthew Freedman, UCI economist, in the Scientific American
New approaches are more likely to appeal to residents if the changes explicitly help property values, says Matthew Freedman, an economist at the University of California, Irvine, who has studied how HOAs impact housing prices and neighborhood conformity. “We don’t see a lot of HOAs encouraging activities that will have benefits that extend beyond their community,” he says. “But they do encourage plants that limit runoff, and that directly affects the immediate neighborhood.”
For the full story, please visit https://www.scientificamerican.com/article/cookie-cutter-suburbs-could-help-spread-sustainable-yards/.