The link between real estate prices and weed might not be readily apparent, until one considers the en vogue vibe of licensed retail pot shops.
a Cannabis indica strain that “channels the president’s famous message of ‘change’ as it invigorates and inspires.”Your favored budtender can set you up, and she might even offer hope: Lucrative legal weed does indeed seem to bake premium bucks into the worth of your home.
And the effect was still evident when they compared different municipalities within metropolitan areas, said Cheng, an assistant professor of economics at the University of Mississippi. He used a variety of data sources — including tax assessors, county records, the U.S. Census Bureau and the MLS — to arrive at his conclusions.became the first state to legalize medical cannabis, and voters approved recreational use in 2016.
Home values immediately increased once voters approved legal cannabis, long before retail shops opened, according to arun by St. Louis-based Clever Real Estate, an agent referral network. The firm examined data from 2017 to 2019 in all U.S. cities.
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