Would you pay to live next to a park?

This was the question asked in a recent article in The Observer. It suggested that ministers were examining proposals to ask residents to pay a tax that reflects the enhancement a nearby park brings to their house prices. Analysis by the Policy Exchange thinktank has indicated a link between green space quality and house prices and the suggestion is that those buying into a favourable green neighbourhood in future should pay a tax to support its upkeep. With  parks budget being drastically cut, new sources of funding for maintenance are desperately needed.  The Policy Exchange report Green Society: Policies to improve the UK’s green spaces introduces the idea of park improvement districts, which already exist in the US.

What do you think?

See the article: http://www.theguardian.com/cities/2014/aug/16/green-spaces-park-local-tax-householders-councils.

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