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Reply to "Airplane noise concerns overblown?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b][quote=Anonymous][quote=Anonymous][quote=Anonymous]If this was as big of a problem as this board makes it out to be, the homes is Palisades would simply not continuously sell for as much as they do. We recently moved away from the area. It was nothing compared to the helicopters you constantly hear on the Hill (where we lived previously), which was also fine. I don’t get this fixation. [/quote] Is it your contention that it doesn’t diminish the value of those homes? [/quote] My contention is that there is a small, loud minority that is fixated on this issue—people who are overwhelmingly wealthy and have little else to worry about. It is a lovely area, full of lovely and very expensive homes. It is, and likely always will be, generally priced somewhere between Glover Park and Wesley Heights given the overall character of the neighborhood. If you want to show me a property value decline in response to changing flight paths, go at it and good on you for being “right.” But more than anything, I think [b]the vocal minority continuously drawing outsized attention to some airplanes is more of a risk to property values than the actual planes. [/b] Palisades is still in the city, despite its suburban feel. But from living there, enjoying our backyard nearly every night there was even decent weather, and taking our kid to parks continually during the weekend…I don’t get this crusade. Be grateful to live in the neighborhood you do—it’s a good one. [/quote] That all may be true, but this is exactly why the disclosures are warranted. Give people the facts, and then it’s a free and informed choice. There are many buyers who felt gaslit and didn’t have the information or the time to appreciate the problem (“some planes” = approaching a 1,000 per day). It’s a lovely neighborhood, but it has a disclosable problem. I know people who are not only miserable after the NextGen, but feel negative effects of the attitudes of their neighbors too (being mocked etc). It’s not fair. Make it fair and then enjoy your choice as you wish. People will still buy there, and someone upstream said there is no effect on real estate. Ok, but today’s situation is not fair to the buyers. It’s also imho not fair to the residents and it’s hard to influence the change when a whole bunch of people don’t want to draw attention to the issue.[/quote] It escapes me why something that is public knowledge, i.e. the existence of a flight path, needs to be disclosed by the seller. Assessing the neighborhood is on the buyer. It is a much different thing than hiding something about the house that cannot be discovered until you live there, e.g. that the basement floods with every storm.[/quote] I agree. I think PP bought a house in 2021-22 with no inspection, escalation clause, etc and now has buyers remorse because they didn’t actually put any effort into checking out the neighborhood. [/quote]
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