NMHS White Paper Refutes NIMBY Claim About Property Values

Wednesday, August 27, 2003 - 1:45AM

The National Multi Housing Council (NMHC) last week published a new white paper that refutes one of the most persistent not-in-my-backyard (NIMBY) claims -- that new apartments will reduce property values.  The paper, “From NIMBY to Good Neighbors,” summarizes several new research studies that conclude that apartments can actually help raise nearby property values. It also identifies other literature and resources that community leaders and housing providers can use to overcome NIMBY opposition.

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