The Starbucks Effect

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Have you heard about the link between Starbucks and the price of real estate? It seems the closer a home is located to a Starbucks, the higher the price for that home.

So what’s the deal? Is being within walking distance to a Starbucks worth paying tens of thousands of dollars above similar homes? There’s got to be more to it than a coffee craving, right?

Check out the phenomenon called “The Starbucks Effect” in the link below.

What other things affect the price of houses? Let’s meet over coffee and discuss.http://money.cnn.com/2015/03/04/real_estate/starbucks-home-values/