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![]() PORNOGRAPHY May 2000; Volume 24 Issue 5 Case in point
An appraiser questionnaire was distributed to real estate professionals. The results can be summarized as follows: * 87.7% felt sexually oriented businesses would decrease market value of business property in the same vicinity. * 72.8% felt the concentration of sexually oriented businesses would decrease the annual income of other businesses in that same vicinity. * Over 90% felt that the concentration of sexually oriented businesses would decrease the market value of private residences located within 1000 feet by up to 20%. A survey of property owners indicated that almost 85% felt that adult businesses had a negative effect on the sales and profits of businesses. Over 80% felt that adult businesses had a negative effect on the value and appearance of homes in the area of the adult business. © Copyright 2000 • American Family Association, all rights reserved. |
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