Wind farms and property values - let the market decide

In February, a court case and a council rates decision suggested wind farms might cut property values by as much as a third. What does the actual market say?

The idea that property values could be negatively affected by development of wind farms nearby is a hot button issue and understandably so, given many people have much of their wealth tied up in property. In February, there were two individual cases that came to prominence as a result of reports in The Australian newspaper:

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