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Forestland transfers in Vermont

Author: Case, K.M.; Lindsay, J.J.
Date: 1996
Periodical: Northern Journal of Applied Forestry
Abstract: The sale and subdivision of private woodlands for development cause the fragmentation of forest resources in the rapidly urbanizing Northeast. The objective of this study was to determine how active Vermont's forestland market was for parcel transfers of 100 ac and larger. Following 20 yr of constant price increases, the number and average price per acre of transfers decreased during the last 3 yr of the study. If forestland sales are linked to expanding economies, the next growth cycle will bring a resurgence in transfer activity, which is often the precursor of conversion. We recommend that the state, and perhaps the northeast region, develop a system to monitor NIPF conversion rates. Such a system would assist in developing new policies to sustain this important natural resource.


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