Annoyed by That Jackhammer Outside Your Home? There May be Upside
*By Christian Smith*
Few people want to live right next to a noisy highway, or under the flight path of a bustling airport. That means property values take a significant hit in areas with noise pollution. However, some types of noise can actually be a good thing for home owners.
"An example where noise can be good for property values is construction noise," said Judy Dutton, contributing editor at Realtor.com, in an interview on Cheddar Friday. "Ultimately, construction is good for property values depending on what's going up."
Construction noise is also temporary, Dutton added. It is generally a sign of investment and growth in the area, which can have a positive return on investment for buyers willing to push through the headaches.
Noise pollution's effect on property value also varies by market. Noise has less of an impact on the price of a home in the heart of New York City, where it is expected, than it does in suburban and rural areas.
Not all noisemakers are made equal. A [realtor.com study](https://www.realtor.com/news/trends/noise-discounts/) found that home prices within a 2-mile radius of an airport are discounted 13.2 percent from the going rate of other homes in the same ZIP code. The same study found homes near railway tracks are discounted 12.3 percent; and highways, 11.3 percent.
If you're willing to pay more, and want to make sure you don't end up in a noisy area, Dutton recommends visiting the property at multiple times throughout the day. This allows you to get a more complete picture of possible noise pollution in the area.
For the full interview, [click here](https://cheddar.com/videos/how-noise-pollution-impacts-property-value).
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.
Hear from Gabino & Stephen Roche on Saphyre’s institutional AI platform that centralizes pre‑ and post‑trade data, redefining settlement speed and accuracy.