there are a number of contrubuting aspects to cell towers that will affect the value and saleabilty of a property. fistly the health issue,we are aware of a recent situation where a propective purchaser was about to put an offer in on a property and disvovered there was potentially going to be a cell tower erected in front ot this property, this was some months ago now and this particular property is still for sale -no one will touch it..... when people buy their home to livein,typically itis their largest purchase asset, therefore they will not take a risk where it involves any potential for them to lose value.. RAY WHIT PROPERTY AGENTS report residents could lose up to 30% of their property value
----howick and pakuranga times. thursday, july 30