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Dejan Eskic (MRD ’14) research shows high-density apartments don’t harm existing property values

A recurring complaint from residents opposed to new apartments in their neighborhoods of single-family homes is that high-density housing brings down property values.

The opposite appears to be true.

Homes in Salt Lake County located within a half-mile of a newly constructed apartment building rose by 10% in median value per year between 2010 and 2019, University of Utah researchers have found. Those farther away rose by 8.6%.

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