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Home Prices Spike Following Opening of Marijuana Retailers

by / No Comments / 0 View / December 19, 2018

By NORML

Home Prices Spike Following Opening of Marijuana Retailers | NORML

FORT COLLINS, CO — The opening of marijuana retailers is positively associated with rising neighborhood home values, according to data published in the journal Contemporary Economic Policy. Colorado State University researchers assessed the impact of dispensary openings in Denver on home prices in the immediate vicinity. They reported: “[A] new dispensary opening increases house prices by 7.7 percent […]

Home Prices Spike Following Opening of Marijuana Retailers | The Daily Chronic

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