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Economics

Theses/Dissertations

University of Vermont

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Full-Text Articles in Architecture

Reorienting Local Housing Development Trends Via Land Value Taxation: A Bottom-Up And Top-Down Quantitative Analysis, Dakota B. Walker Jan 2023

Reorienting Local Housing Development Trends Via Land Value Taxation: A Bottom-Up And Top-Down Quantitative Analysis, Dakota B. Walker

Graduate College Dissertations and Theses

The region surrounding Burlington, Vermont is in the midst of sparse, decentralized growth which threatens the sense of place from which it has thrived. Many have argued that such development tendencies result from a disconnect between land use incentives at the individual level and the fruits of compact settlement, which materialize at larger scales. Two overarching problems are understood to contribute to this disconnect; the ability to privately appropriate the collectively-created value of land, and the inability to recognize ecological opportunity costs of natural land conversion in land use decisions. One proposed solution is the Land Value Tax (LVT). By …