NewEnergyNews More: LITTLE PROPERTY VALUE EFFECT FROM WIND TURBINES – STUDY

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    • Wednesday, January 8, 2014

    LITTLE PROPERTY VALUE EFFECT FROM WIND TURBINES – STUDY

    URI economist: Wind turbines in Rhode Island have no effect on property values

    December 23, 2013, (University of Rhode Island)

    "A study conducted by a University of Rhode Island economist has concluded that the planning, construction and operation of wind turbines in Rhode Island does not depress nearby property values…Corey Lang, URI assistant professor of natural resource economics, analyzed the sale prices of 48,000 homes in Rhode Island over the last 15 years and compared homes near one of the state’s 12 wind turbines to homes far from the turbines. He found that the turbines may cause a drop in property values of 0.4 percent for those homes within a half mile of a turbine…” click here for more

    click to enlarge

    posted by Herman K. Trabish @ 5:35 AM

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