Three Methods for Evaluating Measure 37 Claims

This publication describes three methods that could be used to evaluate Measure 37 claims and evaluates the circumstances under which they produce a correct or incorrect result. Each method is described in detail with special attention to its advantages and disadvantages. We consider several scenarios involving different patterns of land price changes, as well as different effects of land use regulations, and we compare the performance of the three methods in terms of how often they produce the correct answer to the Measure 37 question: Was there a reduction in property value due to the land use regulation?

EM 8933    Published March 2007    14 pages
July 2017