I know how real estate works, and I'm saying claims of "reduced property value" are always overblown.
Will his graffiti affect some potential buyers? Yes.
Will his graffiti prevent other home owners from getting full value for their homes? NO
Some buyers might not like plain looking vanilla neighborhoods, so you could argue that all white homes reduce property value as well.
At the end of the day the "property value" argument is just a way to force people to conform. It is his home and his graffiti doesn't affect anyone else's home, any more than their decorations affect his
Did you ever think that people just don't like graffiti? Again, there are rules because people can't seem to function properly without them. Graffiti will always have a negative impact on property values..especially in high end neighbourhoods. If that nikka likes that kinda shyt, get a loft in the city and go wild.