Billboards Hurt Nearby Property Values, Study Shows [Headlines]
Cities with stricter rules about signage regulations are more profitable.
A new study shows that billboards negatively affect the values of neighboring properties. It also found that cities with strict billboard controls are experiencing greater economic prosperity than those with controls that are less strict.
The report, “Beyond Aesthetics: How Billboards Affect Economic Prosperity,” by urban planner Jonathan Snyder, is believed to be the first study on the economic impacts of billboards on nearby real estate values. Scenic America