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> I found Heathrow too, so I assume noise depresses the pricing. But servers don't mind aircraft noise. You think Heathrow's presence depresses land pricing cl
by logifail 4y ago
> I found Heathrow too, so I assume noise depresses the pricing. But servers don't mind aircraft noise.
You think Heathrow's presence depresses land pricing close to the airport?
- SideburnsOfDoom 4y agoFor residential property, yes, the continual impact of a huge airport nearby depresses prices. For light industrial and warehouses, the opposite.
- logifail 4y agoFWIW, a decade ago it was revealed that Heathrow's holding company was happily buying up houses close to the airport.[0] (Full disclosure: also years ago I did some consulting work for the airport. There are some very strange incentives at play at LHR which may not be apparent to outsiders.) [0] https://www.theguardian.com/environment/2012/jun/16/sipson-heathrow-baa-homes-protest https://www.theguardian.com/environment/2012/jun/16/sipson-h...
- fmajid 4y agoFor residential, sure. For commercial, the inverse is true.
- Arnt 4y agoOops. I had only residential property in mind, perhaps because the title is "home ban", but my phrasing covered both kinds of property. Sloppy of me. Sorry.