4 ms·
Their home prices aren't impacted by this. Their asset is already rare enough that it is insulated from minor issues like this. I mean, who is going to come out
by karma_vaccum123 10y ago
Their home prices aren't impacted by this. Their asset is already rare enough that it is insulated from minor issues like this. I mean, who is going to come out to an area like this and not bother buying because they see a turbine? No one. If only one home was impacted, I could see that home suffering...but there is no choice here. You will either see turbines or you find a house fifty miles away. The homes fifty miles away will have more disadvantages than advantages.
Santa Barbara has some of the most expensive coastal real estate in the US and they have line-of-site of numerous oil platforms. Santa Cruz beachfront homes have tripled in value since I moved to the Bay Area in 1994 even though they have line-of-site to a PGE plant with huge smokestacks. etc etc
Location trumps minor annoyances.