Channel 33 did a report on property values this weekend. Watch the VIDEO.
Gas Drilling Driving Real Estate Concerns In Flower Mound
Flower Mound resident Tony Robson says, “We come here and we spend a lot of time making sure our neighborhoods are beautiful, taking care of homes and you’re suddenly seeing depreciation of our homes because of the gas drilling.”
About Sharon Wilson
Sharon Wilson is considered a leading citizen expert on the impacts of shale oil and gas extraction. She is the go-to person whether it’s top EPA officials from D.C., national and international news networks, or residents facing the shock of eminent domain and the devastating environmental effects of natural gas development in their backyards.
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Hmmmm, heavy industry next to
300k+ homes = property devaluation, I would hardly call this news, but glad they did the story. Oddly enough, cities used to solve these kinds of problems with something called "zoning", an archaic device wikipedia defines as a tool to "…segregate uses that are thought to be incompatible. In practice, zoning is used to prevent new development from interfereing with existing residents or businesses and to preserve the "character" of a community. Ask ANYONE who moved to Flower Mound and the "character of the community" is the first thing virtually everyone mentions, too bad it is vanishing rapidly.