Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Airplane noise concerns overblown?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]This is just an example from a much earlier period, with fewer planes and in a far cheaper real estate area. But it’s still very instructive. I’d be very curious if someone were to repeat the analysis on DC sales data now and in 5-10 years. I think it’s a major factor and that there’s a lot more room for adjustment in DC than the 2.5-5.5 spread this study suggested, especially as this issue is more broadly known and impossible to ignore, inventory improves and people invest more carefully under the inflationary pressures. “The regression output confirmed that airplane noise had statistically significant negative impact to SFR sale prices in Raleigh. For example, homes located within the 65–70 Ldn noise contour, sold for 5.1% less than unimpaired homes (control area transactions) within the one-mile control group area. Furthermore, homes within the 55–60 Ldn noise contour sold for 2.3% less than unimpaired homes.” [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
