A report about the impact of wind turbines on property value
created quite a buzz in the real estate industry back in December – but a new proposal by a German designer imagines a future where investors could actually own a wind turbine as an income property.
The proposal imagines wind turbine parks as high-end housing communities, both on land and at sea, composed of buildings made from highly insulated capsules that are wrapped around the gigantic trunks of wind turbines.
Based on the reactions of CREW readers to the study
published by the Canadian Journal of Agricultural Economics, which found that wind turbines have little impact on the value of nearby properties, we wonder whether opinions would change if the wind turbine itself was the investment property?
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Scotstown, Mount Albion, Lee Creek, Saltair, Labrecque