Petroleum from leaking underground storage tanks (LUSTs) can contaminate local soil, and surface and groundwater. In some cases this can pose health risks to the surrounding population. Focusing on single family home sales from 1996-2007 in three Maryland counties, we use a hedonic house price...

The well documented existence of hundreds of thousands of contaminated properties is a major environmental problem in the United States. Recently, there has been a lot of discussion in the academic literature and political arena about the benefits of the redevelopment of contaminated sites....