The Welsh Environment Minister has confirmed that it is a “myth” that wind power influences property prices.
Indeed? She should have availed herself of the advice given in a 2007 report by the Royal Institute of Chartered Surveyors and Oxford Brookes University that “as more wind farms are built, more property will become proximate. Therefore, a cautious approach should be adopted…”
A recent letter from an estate agent to the Davis family, who have been driven from their home near Spalding, Lincolnshire, comments as follows on the problem caused by the nearby wind farm:
“I do not believe any prospective purchaser would want to inhabit the property, or indeed in the current climate whether any mortgage lender would be prepared to lend on the property… I am therefore sorry to say that I find myself in the rare situation of having to decline any instructions to market the above property.”
Dr John Etherington
27 May 2008
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