States that Legalize Recreational Cannabis See an Immediate Bump in Home Values Following Legalization,’ Says Real Estate Report

 · ”States that legalize recreational cannabis see an immediate bump in home values following legalization, even without retail dispensaries opening up,” reads the study. On the other hand, cities that have legalized medical marijuana also saw similar growth patterns as cities that keep cannabis illegal.

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The owner of a local medicinal marijuana dispensary isn’t surprised by the results of the Colorado studies, the bump up in housing prices after recreational weed was legalized. “It’s only bringing what’s already going on and putting it on the books and getting the.

When it happened at home, Paige did cardiopulmonary resuscitation. They decided to give medical marijuana a try, even though Paige said she had voted against legalizing it. They struggled to find.

Does Legalizing Marijuana Have Any Affect on Real Estate Values?. You'll see key information on how legalization of marijuana could. A survey of the data shows that home values increase immediately after a state legalizes marijuana, Still, long term trends may reveal concerns, so this is an area that.

The study was done by Clever Real Estate. significant increase in home values could not be attributed to medicinal marijuana legalization. States that legalize recreational cannabis see an.

hi “States that Legalize Recreational Cannabis See an Immediate Bump in Home Values Following Legalization,’ Says Real Estate Report Real estate prices are climbing in cities with legal access to recreational cannabis. That’s the key finding of a recent study from Clever Real Estate, which analyzed market data from 2014 to 2019 and

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This suggests simply legalizing marijuana recreationally leads to an initial bump in home values, regardless of the economic and tax benefits. States that legalize recreational cannabis see an immediate bump in home values following legalization, even without retail dispensaries opening up.

“States that legalize recreational cannabis see an immediate bump in home values following legalization, even without retail dispensaries opening up,” said the study. “The data suggests real estate investors can find blazing housing markets in cities where recreational cannabis is legalized,” it.

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