Home Prices

Rock Plants Make Good Neighbors.  A recent study concludes rock quarries don't adversely affect values for surrounding homes.  
The report is "Quarry Operations and Property Values: Revisiting Old and Investigating New Empirical Evidence" by the Phoenix Center.  The authors “...find no compelling statistical evidence that either the anticipation of, or the ongoing operation of, rock quarries negatively impacts home prices.  If anything, the Phoenix Center's scholars find that home prices fall—not rise—as the distance from the quarry increases.”   #AggregateMatters #DistanceMatters