{"id":10445,"date":"2010-10-16T15:09:36","date_gmt":"2010-10-16T19:09:36","guid":{"rendered":"https:\/\/www.windturbinesyndrome.com\/static\/static\/?p=10445"},"modified":"2012-02-09T12:24:07","modified_gmt":"2012-02-09T17:24:07","slug":"i-predict-a-series-of-rural-ghettos-abandoned-unmaintained-homes-ill","status":"publish","type":"post","link":"https:\/\/www.windturbinesyndrome.com\/static\/2010\/i-predict-a-series-of-rural-ghettos-abandoned-unmaintained-homes-ill\/","title":{"rendered":"“I predict a series of rural ghettos–abandoned, unmaintained homes” (Ill)"},"content":{"rendered":"

In 30 years of appraising, studying and consulting on all types of real estate and development projects, I have never seen the effects, impacts and reactions of the magnitude or severity that turbine neighbors and their property rights are subjected to. \u00a0Short of a nuclear reactor meltdown (e.g., Chernobyl), nothing has caused so many people to experience the physical and health-driven need to relocate. \u00a0It is amazing that industry and government both are doing absolutely nothing to address this trend, and correct it before it is too late for even more residents.<\/p>\n

If this continues unchecked, I predict a series of rural \u201cghettos”\u2014of abandoned, unmaintained homes, and an economically disadvantaged class of people finding these devalued homes to be the only place they can afford. Great places to hide illegal operations\u2014few neighbors, cheap structures and the ability to vacate in a hurry if the heat gets turned up\u2014much like the old buildings in poor neighborhoods in the cities. \u00a0Who else is going to want them?<\/p>\n

Wind companies should be required to offer buy-outs at market value (pre-project value) within 2 miles of projects, and certainly within the massive footprints. \u00a0In this manner they can prove they are not destroying value by reselling for the same price. \u00a0However, in each instance I know of when a wind developer did indeed buy and resell a neighboring home, they re-sold for 60% to 80% below their purchase price.<\/p>\n

Thus, an erosion of homeowner equity has in fact been proven by the cause\u2014the\u00a0wind industry itself.<\/p>\n

Any readers who have factual information or personal accounts of this nature are invited to email details contact me to discuss.<\/p>\n

Mike McCann
\nMcCann Appraisal, LLC
\n500 North Michigan Avenue
\nSuite 300
\nChicago, Illinois 60611
\n(312) 644-0621
\n(312) 644-9244 fax<\/p>\n

mikesmccann@comcast.net<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

In 30 years of appraising, studying and consulting on all types of real estate and development projects, I have never seen the effects, impacts and reactions of the magnitude or severity that turbine neighbors and their property rights are subjected to. \u00a0Short of a nuclear reactor meltdown (e.g., Chernobyl), nothing has caused so many people to experience the physical and health-driven need to relocate. \u00a0It is amazing that industry and government both are doing absolutely nothing to address this trend, and correct it before it is too late for even more residents. If this continues unchecked, I predict a series of rural \u201cghettos”\u2014of abandoned, unmaintained homes, and an economically disadvantaged class of people finding these devalued homes to be the only place they can afford. Great places to hide illegal operations\u2014few neighbors, cheap structures and the ability to vacate in a hurry if the heat gets turned up\u2014much like the old buildings in poor neighborhoods in the cities. \u00a0Who else is going to want them? Wind companies should be required to offer buy-outs at market value (pre-project value) within 2 miles of projects, and certainly within the massive footprints. \u00a0In this manner they can prove they are not destroying value by reselling for the same price. \u00a0However, in each instance I know of when a wind developer did indeed buy and resell a neighboring home, they re-sold for 60% to 80% below their purchase price. Thus, an erosion of homeowner equity has in fact been proven by the cause\u2014the\u00a0wind industry itself. Any readers who have factual information or personal accounts of this nature are invited to email details contact me to discuss. Mike McCann McCann Appraisal, LLC 500 North Michigan Avenue Suite 300 Chicago, Illinois 60611 (312) 644-0621 (312) 644-9244 fax mikesmccann@comcast.net<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[168],"tags":[],"_links":{"self":[{"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/posts\/10445"}],"collection":[{"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/comments?post=10445"}],"version-history":[{"count":0,"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/posts\/10445\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/media?parent=10445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/categories?post=10445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.windturbinesyndrome.com\/static\/wp-json\/wp\/v2\/tags?post=10445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}