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https://reneweconomy.com.au/wind-farms-lift-rural-property-values-study-finds-and-boost-local-schools-too/>
"Wind projects lead to better local schools and lift neighbouring property
values by about 3 per cent, according to a surprising new piece of research out
of the US this week.
The study,
Uplifting Winds in the journal
Energy Research & Social Science,
shows that in the decade after a wind farm starts working, there is a rise in
spending on students in public schools, a small but significant fall in
student-teacher ratios, and a lift in house prices.
This is particularly for homes further than 3.2 km from a turbine, but the
wealth effect is also felt by those within that zone as well.
chart, wind farm effect on property price
Surprisingly, the authors found that the bigger the wind farm, the bigger the
positive impact on house prices and schools as more money flowed through from
taxes into public services.
The US example doesn’t perfectly map onto Australian experiences, but the
phenomenon of wind projects lifting property prices is already being felt
here."
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*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
