A new report from the National Association of Realtors shows how home values in western Massachusetts would be hurt by a casino in the area. Due to its addition of traffic noise and the general bother of an attraction that brings thousands of people in, a casino would have an “unambiguously negative” affect on home values in the areas, sapping as much as $3300 in value from the average homeowner. Below is a copy of the study itself, as well as an article summarizing its findings.
2013 Realtor study NAR- Casino-Research
2013 Realtors- Western Massachusetts casino would hurt home values in host community