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Does fracking cause housing prices to fall? The answer to that question is more difficult that it might seem. Many anti-fracking activists have claimed oil and natural gas development has led to substantial decreases in property values in areas where drilling occurs, but other places, such as North Dakota, saw property values skyrocket during the boom in oil production.
In this episode of The Heartland Daily Podcast, Kayla Harris, the director of Energy and Environmental policy at Ballotpedia helps answer this question. Harris discusses the results of her recent study on the impact of fracking on property values in several counties in Colorado with research fellow Isaac Orr, stating that fracking has led to increases in property values in some areas, and decreases in others.
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