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.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s