Ohio Study: Anti-gay attitudes hurt property values
Great new study out of Ohio shows the impact of homophobia on the economy.
"The perception that there is prejudice against gay and lesbians by conservative groups is strong enough to be picked up in market prices,” - Susane Leguizamon of Tulane University in New Orleans.
Gay couples may lift real estate prices by enhancing cultural amenities, housing stock and the vibrancy of neighborhoods, according to a 2010 study by Richard Florida, director of the Martin Prosperity Institute at the University of Toronto, and Charlotta Mellander of Jonkoping International Business School in Jonkoping, Sweden.
However there is a warning to anti-gay neighborhoods. Housing values drop when gay couples move in.
Hmmm, sounds like a strategy to me.
