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The Land Development Corporation: A System for Selling Rural Real Estate

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  • Hubert B. Stroud

Abstract

This research illustrates ways in which rural real estate is converted into potential vacation home sites by large land development corporations. The individual and previously disorganized approach to selling property is replaced by an organized framework that is designed to create a demand for rural real estate. Unfortunately, development is progressing without serious or adequate consideration being given to a number of specific problems. Developers and local governmental officials often fail to consider the environmental impact of these developments, the adequacy of service facilities being provided or the direct and indirect public costs associated with this type of developmental activity. Because of these shortcomings and others, serious questions arise concerning the desirability of this kind of developmental activity for rural areas.

Suggested Citation

  • Hubert B. Stroud, 1978. "The Land Development Corporation: A System for Selling Rural Real Estate," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 6(3), pages 271-286, September.
    • Handle: RePEc:bla:reesec:v:6:y:1978:i:3:p:271-286
    DOI: 10.1111/1540-6229.00178
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    Cited by:

    1. Gopala Rao, R.V. & Bandyopadhyay, U., 1989. "Structural studies of alkaline earth metals in the one-component plasma approximation," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 159(1), pages 44-51.
    2. Angelie, A. & Pelissier, J.L., 1983. "Sodium melting curve calculation," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 121(1), pages 207-216.

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