Originally Posted by
mik3bravo
I wonder what the surrounding residential property market prices might do as air traffic volumes begin to rachet upwards? One to track.
It is possible they may firm up. Airports generate employment and therefore a demand for homes. Ryanair state they will create 750 jobs, we shall see. There are plenty of airport sustained properties around west London, Gatwick and even Stansted. Should one of those airports close I think the collapse of employment would greatly outweigh the peace and quiet
effect on property values.