Cell Towers, Antennas Problematic for Buyers: An overwhelming 94 percent of home buyers and renters surveyed by the National Institute for Science, Law & Public Policy say they are less interested and would pay less for a property located near a cell tower or antenna. 'The Impact of Cell Phone Towers on House Prices in Residential Neighborhoods,' which was published in The Appraisal Journal in 2006, found that buyers would pay as much as 20 percent less for a property near a cell tower or antenna. Read What's more, of the 1,000 survey respondents.
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