The lived complaint from residents living behind Data Center Alley's newest facilities isn't displacement -- nobody was forced to move. It's that a facility sited next to an existing neighborhood runs industrial cooling equipment loud enough that residents are barricading windows with mattresses, in a county whose own noise ordinance wasn't built to catch what they're actually hearing. Multiple studies find no clear average effect on nearby home values -- but that average is exactly what can make one specific, painful case disappear from the data. The same concerns are now driving moratorium bills in at least a dozen states.