If you want the value of your house to increase, make sure it’s in a neighborhood with desirable features. Good schools. Reliable public transportation.
And, of course, easy access to marijuana.
A new study reports the legalization of pot in Colorado produced, on average, a 6 percent increase in housing values. The availability of recreational marijuana in a given area created “strong housing demand, while having no discernible effect on housing supply,” writes a research team led by University of Mississippi economist Cheng Cheng. […]