000 01251cab a2200181 4500
001 ##L131141
008 051004n2005 000 0 eng u
035 _a(Sirsi) u131141
041 0 _aeng
100 1 _aBond, Sandy
245 0 4 _aThe impact of cell phone towers on house prices in residential neighborhoods
260 _c2005
490 4 _aThe Appraisal Journal
_v73(3) Summer 2005, 256-277(22)
520 _aThis article examines whether nearness to Cellular Phone Base Stations (CPBSs) has an impact on residential property values and the extent of any such impact. A survey of residents' perceptions towards living near CPBSs in ten suburbs of Christchurch, New Zealand, revealed that, overall, the respondents would pay from 10% to over 20% less for a property situated in close proximity to a CPBS. These results were confirmed by actual market sales analysis, which showed that property prices declined by 21% after a CPBS was erected in the area. This is despite the fact that no conclusive scientific evidence exists that emissions from CPBSs have harmful effects. Contains maps and statistical tables.
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY APPRAISAL AND VALUATION
700 _aWang, Ko-Kang
942 _n0
999 _c75966
_d75966