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Seven Days: Real Estate Expert Finds Critical Flaw in GBIC Study

Thu, 07/26/2012 - 10:33am — odmin

A new study by a Burlington-area development agency claiming that airport noise has had no effect on home values is “significantly flawed and should not be relied on,” a local real-estate expert says.

The Greater Burlington Industrial Corporation, which favors deployment of the F-35 stealth fighter at Burlington International Airport, maintains in a 22-page report issued last week that sale prices of homes “have not been adversely impacted” due to their location in high-noise zones near BTV.

See the whole story at Seven Days.