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August 20, 2026The Annals of Regional ScienceOpen Access

Land conservation policy and rental markets: evaluating unintended housing price effects

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Authors

CLCorey LangJVJarron VanCeylon

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Overview

Panel analysis reveals land conservation increases home values without raising rental prices across US neighborhoods, indicating environmental policies do not disproportionately burden renters.

Key Points

  • To determine how local land conservation gains affect rental prices compared to owner-occupied home values across the United States.
  • Analyzed nationwide US panel data combining census metrics and land conservation records.
  • Utilized first-difference regression modeling combined with propensity score matching pre-processing to compare areas with and without new conservation.
  • Local land conservation initiatives significantly capitalized into owner-occupied home values.
  • Gains in local land conservation did not capitalize into rental prices, showing that concerns regarding increased housing costs for renters are unsupported.

Cite This Study

Lang et al. (2026) studied this question.

synapsesocial.com/papers/6a86b5978a91293e6a1cd0a2https://doi.org/10.1007/s00168-026-01528-0
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