"Rolf Blom" wrote in message
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[...]
My take is they bought cheap 'noisy' property, then started a local
anti-avaition campaign to oust the airport, and by this hoped to raise the
property value in time for their next move.
If true, they are further cementing their demonstration of ignorance, no
doubt.
An unresolved anti-airport campaign can only serve to reduce property
values. The airport is still there, and the campaign itself argues that the
airport is a negative aspect of the neighborhood. By drawing attention to
the airport as a detriment, the property values go down.
Without the campaign, one could easily just ignore the existence of the
airport when selling one's home. I presume that the presence of the airport
is not required to be disclosed, since these buyers weren't told when THEY
bought the house. But even if it is a required disclosure, many buyers
might not be scared off so long as the seller's aren't making a huge fuss
about how much they hate the airport.
Pete
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