Landowners Feel Pressure to Cash in 'Green Gold' ; the Hot Real Estate Market Is One Reason 13 Million Acres of Forest Have Been Sold in the U.S. In the Last 10 Years. Series: Plum Creek: Seeing Value Beyond Timber

Portland Press Herald › October 30, 2005

Linked as:

Summary

Maine isn't the only state pressured by development of vast tracts of timberlands.

The same economic forces - shifting ownership and a hot market for real estate - have begun to transform landscapes in other states, too. And, just as some worry about the impact on Maine's economy and identity, the trend is causing jitters around the country.

See the full content of this document

Extract

Landowners Feel Pressure to Cash in 'Green Gold' ; the Hot Real Estate Market Is One Reason 13 Million Acres of Forest Have Been Sold in the U.S. In the Last 10 Years. Series: Plum Creek: Seeing Value Beyond Timber

"In the last five to 10 years, the mind-set of the landowner is much different," said Tom Harris, a forestry professor at the University of Georgia who tracks timberlands around the country.

"They recognize th...

See the full content of this document