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Costco warehouse openings have negligible impact on average property values
Research conducted by Silas Kwok at the Vancouver School of Economics suggests that the opening of Costco warehouses has a negligible impact on average property values. An analysis of Costco openings across the United States between 2002 and 2020 found that these developments 'caused no significant changes in property values on average.' However, the study noted that Costco openings may drive property values upward in specific contexts, particularly within high-income and high-density areas.
Separately, Costco continues to offer various kitchenware products, including a Tramontina 7-Quart Oval Enameled Cast Iron Dutch Oven priced at $67.99 for online customers, and digital steaming appliances from Cuisinart.
Entities
Costco · Cuisinart · Silas Kwok · Tramontina · Vancouver School of Economics
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The Tramontina 7-Quart Oval Enameled Cast Iron Dutch Oven is available online at Costco for $67.99. www.diningandcooking.com · www.thetakeout.com
- [○ 1 SOURCE] Costco openings may drive property values specifically in high-density and high-income areas. nypost.com
- [○ 1 SOURCE] Research from the Vancouver School of Economics indicates that Costco openings caused no significant changes in property values on average across the US from 2002 to 2020. nypost.com