A new study from a Chittenden County economic development organization says noise from the Burlington airport does not appear to have a negative impact on property values.
The possible arrival of new F-35 fighter jets has raised concerns the increased noise from the jets could cause property values to sink in the airport flight path in South Burlington and Winooski.
Thursday morning, the Greater Burlington Industrial Corporation released its findings after studying 10 years worth of property value data in the areas surrounding the Burlington Airport.
Group President Frank Cioffi says properties within the noise areas have held value when compared to trends as a whole within Chittenden County.
"We're fairly confident with this data in being able to say that we do not think that housing values are going to be adversely affected by this 65 DNL area," Cioffi said.
Cioffi says affected home values in South Burlington have actually-- relative to the market as a whole-- increased over the last 10 years.
The study does not specifically address whether the louder F-35s would change that dynamic.
Increased noise and disruption of neighborhoods is part of the opposition to the planes. Other critics say the F-35 is a costly an unnecessary expense for the federal government and supports a pro-military agenda that is out of step with Vermont values.
A group of protesters are expected to attend a Democratic Party fundraiser Thursday night in Burlington to voice their unhappiness with the state's congressional delegation and governor, who all support the F-35 coming to Vermont.
Monday, May 20 2013 2:07 PM EDT2013-05-20 18:07:46 GMT
A 10-year effort by advocates to bring an aid-in-dying law to Vermont is about to be punctuated with Gov. Peter Shumlin's signing of the bill.More >>
Proponents of a plan that will allow Vermont doctors to prescribe lethal medications to terminally ill patients says the implementation of the new law will trigger a broad range of improvements in end-of-life medical care.More >>
Monday, May 20 2013 1:28 PM EDT2013-05-20 17:28:54 GMT
The Queen City Police Foundation Monday honored two recipients of the Antonio Pomerleau Medal of Honor Award.Annie Ramniceanu of Spectrum Youth and Family Services has helped youth dealing with homelessnessMore >>
The Queen City Police Foundation Monday honored two recipients of the Antonio Pomerleau Medal of Honor Award.More >>
Monday, May 20 2013 1:27 PM EDT2013-05-20 17:27:50 GMT
The national 'Click it or Ticket' campaign began Monday and local law enforcement agencies around the region say they will be out in force. To kick off the two week effort, numerous Vermont and New YorkMore >>
Law enforcement officials say wearing a seat belt increases survival rates in an accident by 50 percent and buckling up is the single easiest way to save your life.More >>
Monday, May 20 2013 1:04 PM EDT2013-05-20 17:04:01 GMT
Vermont State Police have charged 22-year-old Adam Page of Newport for stealing the Newport City Elementary School bus, which has now been declared totaled. A stolen dog was also recovered in the busMore >>
State Police say he is also being charged with the theft of two other vehicles and a woman's dog.More >>
Monday, May 20 2013 12:06 PM EDT2013-05-20 16:06:51 GMT
A guilty plea Monday to one of the men linked to the death of a young man at the St. Albans pool.Chris Davis, 22, was found in the pool in April of last year, about a month after he had been reported missingMore >>
A guilty plea Monday to one of the men linked to the death of a young man at the St. Albans pool.More >>
Monday, May 20 2013 10:00 AM EDT2013-05-20 14:00:00 GMT
Granite State bar patrons hoping to join neighboring states in being able to belly-up to the bar in the wee hours.More >>
Granite State bar patrons hoping to join neighboring states in being able to belly-up to the bar in the wee hours for a final round could see some daylight as the Senate will vote on a bill this week to push back last call...More >>