Do drug treatment facilities really lower property values? Finally, an answer

As the opioid crisis rages on, those affected struggle to find treatment. One potential reason? People don’t want rehab centers in their backyards.

The arrival of a substance-abuse treatment center in a new neighborhood can spark protests, heated city hall meetings, and other attempts to block developments. Some homeowners believe the introduction of substance-abuse treatment centers into a neighborhood will also bring crime and other problems that will decrease property value.

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.

Read more here.

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