NewEnergyNews More: NINE STUDIES! NO REAL ESTATE IMPACT FROM WIND

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  • Monday, March 17, 2014

    NINE STUDIES! NO REAL ESTATE IMPACT FROM WIND

    How Many Studies Will It Take Before People Believe Wind Farms Don’t Harm Property Values?

    Mike Barnard, March 10, 2014 (Clean Technica)

    “Nine major and statistically reliable studies covering roughly 270,000 property transactions by different respected and independent organizations in three different countries spread over fifteen years have found no correlation between operating wind turbines and negative property values…[and] three found slight but statistically insignificant improvements…[Another] low reliability study — due to small available sample size — in Australia found no impacts as well…[Only] two moderately reliable studies with some statistical significance found property value impacts, and they are both challenged in different ways. Five other often referenced studies are merely case studies with no statistical significance…The evidence for property value impacts is very weak in comparison to the evidence for lack of harm…[E]very robust study finds that there is no correlation between sales prices and nearby wind farms, and the most recent studies show that there is no impact on rate of sales of properties…” click here for more

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