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Some argue publicity surrounding scandal-laden homes can hinder a sale, but Wright State University finance professor James Larsen disagrees.
Larsen in 2000 surveyed 102 Ohio stigmatized homes that included 46 suicides, 27 murders and six haunted properties.
He found that, on average, the homes did sell but for 3 percent less than untainted ones and took about 45 percent longer to sell.
“That makes sense, if you think about it,” Larsen said. “Some people didn’t care if someone got murdered there, but they didn’t want ghosts. Others didn’t mind the ghosts, but didn’t want to live there if someone committed suicide there.”
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