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Saturday, October 29, 2011

How Much is a Bike Trail Worth? [The Atlantic]


How Much is a Bike Trail Worth?
Reuters
With budget crises a reality for local governments all over the country, recreation amenities like bike trails are often the first places to look for cuts. But according to research coming out of the University of Cincinnati, proximity to trails in urban areas increases property values, which in turn boosts the amount of property taxes filling government coffers.

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