Do strip clubs actually hurt property values?

New research undermines view expressed by some real estate agents
  • A new study found that proximity to strip clubs doesn't put downward pressure on home prices, challenging a view expressed by some real estate agents.
  • The research undercuts legal arguments that municipalities have used to justify placing zoning restrictions on strip clubs.

Nowhere in the idyllic world of the American Dream is the quintessential family’s fully-furnished ranch style surrounded by a white picket fence and also listed as “conveniently located next to a strip club.” But in real life, agents handling client objections to properties near “sexually-oriented businesses” might be in luck.