Study Shows Factory Farms Lower
Neighboring Homes’ Property Values
Money losses add to health, fly, fume,
water quality and traffic problems
Posted
July 31, 2003, Gettysburg, PA: Citizens
for Pennsylvania’s Future (PennFuture) cited a Penn State University
study released (June 6) which showed that home owners in Berks County (PA)
are better off living near a sewage treatment plant than a factory farm
when it comes to the value of their property.
“A
nearby factory farm lowers a family’s property values by more than
$1,800,” said Jan Jarrett, PennFuture’s director of Outreach. “This
is on top of the problem with flies, dangerous fumes, water contamination
and traffic that families must endure when one of these industrial animal
factories opens. However, this same land, when used as a traditional farm,
actually increases property values.
The
study, summarized in the report "The Impact of Open Space and
Potential Local Disamenities on Residential Property Values in Berks
County, Pennsylvania," was authored by Richard Ready, assistant
professor of agricultural and environmental economics, and Charles Abdalla,
associate professor of agricultural and environmental economics at Penn
State's College of Agricultural Sciences.
The
study found that open space — including forested acreage and grass,
pasture and cropland — located within a quarter-mile of a house had the
largest positive effect on the value of that house. The researchers also
found that landfills and large-scale animal operations have negative
influences on nearby house prices. The complete study is available online
at http://www.landuse.aers.psu.edu
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