Seven Threats

MSN recently had an article by Brian O’Connell, who mostly writes for MainStreet.  In it he listed 7 things that can drive the price of your home (or rental rates) down.  While the first thing he mentioned wasn’t wind turbines, it was pretty close – power plants.  He related that a study out of UC Berkeley found that living within 2 miles of a power plant decreased its value by 4 to 7 %.  And sometimes power plants aren’t nearly as bad as wind turbines.

O’Connell, 7 Neighborhood Threats to Your Home’s Value

O’Connell, backup link

Davis, UC Berkeley, The Effect of Power Plants on Local Housing Values and Rents

Davis, backup link

 

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