Depends on the property –
Jan. 11, 2019 – But opposition may be unfounded, a study distributed this week by National Bureau for Economic Research found: Substance-abuse disorder centers do not negatively affect property values in areas where they set up shop, the report by researchers at the University of New Mexico and Temple University concluded. “For most people purchasing a home is the largest financial investment they are going to make in their lives and the most important financial asset they have,” Catherine MacLean, a lead researcher on the paper, said. “So we believe people’s concerns about decreasing property values are valid, but we wanted to test that.”
