AI data centres are not only inflationary but will knock off value from your home and community. AI will pinch you on both sides
📉 Homes within 1 mile of a large data center: -7.2% value
📉 Homes within 3 miles: -3% on average
⏳ Losses persist 5+ years, and get worse for hyperscale facilities, urban sites, and “first mover” data centers in a regionNationwide toll: $20.6 billion in housing wealth erased.
Meanwhile, the industry’s line is that public pushback is “irrational.”
Respectfully, it’s not irrational to notice:
🌊 Water stress
⚡ Rising utility bills
🏥 Quality of life and health impacts
💸 Wealth redistribution: from hosting communities to developers and hyperscalers
Meanwhile ‘ the carbon emissions from just two planned datacentres in England will exceed all of the fossil fuel company ExxonMobil’s UK emissions, analysis has revealed.
Experts have said this demonstrates the “serious threat” datacentres pose to the UK’s legally binding climate goals.’