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An Econometric Analysis of the New Hampshire Housing Market

Published online by Cambridge University Press:  10 May 2017

Daniel L. Dunn  and
Bruce E. Lindsay
Daniel L. Dunn
Affiliation:
Institute of Natural and Environmental Resources, University of New Hampshire
Bruce E. Lindsay
Affiliation:
Institute of Natural and Environmental Resources, University of New Hampshire
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Extract

For the past two decades, New Hampshire has faced rapidly increasing population levels with the main thrust occurring in the southern portion of the State. For example, between 1960 and 1975, it is estimated that New Hampshire's population has increased by approximately 35 percent (New Hampshire Office of Comprehensive Planning [1978]). Employment has grown 105.6 percent between 1940 and 1970 for the three southern counties of the State (United States Department of Commerce [1975]). This trend of economic and population expansion has important implications for the State as a whole. These phenomena have put a severe strain upon the provision of municipal services, inflated land prices and increased property taxes. How New Hampshire as a state will deal with its situation in future years will depend in part on two parameters: (1) the value judgments (or lack thereof) contained in policy decisions about how development should expand, and (2) the amount and comprehensiveness of information supplied on which to base decisions. It is the latter parameter to which this paper addresses itself.

Type
Contributed Papers
Information
Journal of the Northeastern Agricultural Economics Council , Volume 9 , Issue 2 , October 1980 , pp. 97 - 101
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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Footnotes

This research is funded by regional project NE-125 entitled “Socioeconomic Factors and Rural Land Use.” We gratefully acknowledge Gail Hoyt and Glenn Manchester for assisting in the data collection. Scientific Contribution Number 1050 from the New Hampshire Agricultural Experiment Station.

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