Is Timber the Highest and Best Economic Use of Vermont Forest Properties?
The Vermont land boom of 1965-1973 saw buyers viewing forest properties as having a higher economic use than timber production. A series of developments after 1973 caused a shifting to the lower valued use of timber production. These included high interest rates, sky-rocketing property taxes, and Internal Revenue Service regulations that made depreciable real estate a far more attractive investment. This resulted in a large volume of Vermont timberland being on the market at reduced prices, producing capital losses for some earlier buyers, but creating investment opportunities today. North. J. Appl. For. 4:186-189, Dec. 1987.
No Supplementary Data
No Article Media
Document Type: Journal Article
Affiliations: Department of Forestry, University of Vermont, Bington, VT 05405
Publication date: 1987-12-01
More about this publication?
- Important Notice: SAF's journals are now published through partnership with the Oxford University Press. Access to archived material will be available here on the Ingenta website until March 31, 2018. For new material, please access the journals via OUP's website. Note that access via Ingenta will be permanently discontinued after March 31, 2018. Members requiring support to access SAF's journals via OUP's site should contact SAF's membership department for assistance.
Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Northern Journal of Applied Forestry covers northeastern, midwestern, and boreal forests in the United States and Canada.
- Membership Information
- Ingenta Connect is not responsible for the content or availability of external websites