Sanitary landfills, stigma and industrial land values

A significant literature exists that documents reductions in property value around toxic, chemical and in some cases solid waste landfills. There is also an emerging literature on stigma-related damage, which can be defined as a loss in value due to the increased risk associated with a contaminated property even after the problem has been eliminated. This research extends the empirical literature on landfills by examining the impact that solid waste landfills have on surrounding industrial property. The results indicate that the value of industrial land around an open, solid waste landfill is reduced by the presence of the landfill. Property around closed, solid waste landfills and open and closed refuse landfills is not adversely affected by the landfills. These results are not affected by the presence or absence of methane gas controls and ground water monitoring systems. Landfills sold with industrial zoning are discounted substantially by the market for various reasons, probably including limited alternative future uses, costs of remediation and potential liability from being in the chain of title.

Check Also

Egypt reviews Red Sea waste management system – Dailynewsegypt

Egypt’s Minister of Local Development and Environment, Manal Awad, and Red Sea Governor Walid El-Barqi held an extensive meeting to review the performance of the governorate’s waste management system and discuss measures to improve environmental services and operational efficiency. The meeting, held during Awad’s visit to the Red Sea Governorate to mark World Environment Day, focused on assessing current challenges facing waste collection, sorting, recycling and disposal operations, as well as identifying priority actions to strengthen the system’s performance. Awad stressed that the government places significant importance on developing an integrated waste management system in the Red Sea Governorate, given its strategic importance as one of Egypt’s leading tourism destinations. She emphasized the need to comply with environmental and technical standards governing sanitary landfills, waste treatment facilities and environmentally sound disposal practices. During the meeting, officials reviewed the current status of waste management operations in Hurghada, including collection, transportation, sorting, recycling and final disposal activities. Discussions also covered the infrastructure upgrades required to improve system efficiency and ensure the proper operation of sanitary landfill facilities. Yasser Abdullah, head of Egypt’s Waste Management Regulatory Authority, presented updates on temporary waste collection and sorting sites and outlined measures to strengthen operational management and oversight. He highlighted the importance of improving monitoring mechanisms for waste handling activities and maximizing the recovery of recyclable materials while reducing informal and unregulated practices.