Large windfarms can knock as much as 12% off the values of homes within a 2km radius, and reduce property prices as far as 14km away, according to research by the London School of Economics. The findings contrast sharply with a report by the Centre for Economics and Business Research in March, which found no negative impact on property prices within a 5km radius of a turbine.
The LSE findings will fan demands by homeowners for compensation when windfarm developments are given the go-ahead. Currently, windfarm operators pay rent on the land they occupy and make contributions to community causes, but are under no legal obligation to compensate homeowners for loss of value.
https://www.theguardian.com/money/2014/apr/08/windfarms-reduce-house-prices-compensation
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