2006
DOI: 10.1007/s10940-006-9013-z
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Crime and Residential Choice: A Neighborhood Level Analysis of the Impact of Crime on Housing Prices

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Cited by 160 publications
(115 citation statements)
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“…Should an increase in crime occur, this will decrease the desirability of the neighborhood, resulting in lower rents and home values. Supporting this conjecture are cross-sectional studies finding that neighborhoods with higher rates of crime have lower home values (e.g., Buck and Hakim 1989;Schwartz, Susin, and Voicu 2003;Thaler 1978), and longitudinal studies finding that increasing neighborhood crime decreases home values (Hipp et al 2009;Tita, Petras, and Greenbaum 2006).…”
Section: Differential Likelihood Of Entering High Crime Neighborhoodsmentioning
confidence: 99%
“…Should an increase in crime occur, this will decrease the desirability of the neighborhood, resulting in lower rents and home values. Supporting this conjecture are cross-sectional studies finding that neighborhoods with higher rates of crime have lower home values (e.g., Buck and Hakim 1989;Schwartz, Susin, and Voicu 2003;Thaler 1978), and longitudinal studies finding that increasing neighborhood crime decreases home values (Hipp et al 2009;Tita, Petras, and Greenbaum 2006).…”
Section: Differential Likelihood Of Entering High Crime Neighborhoodsmentioning
confidence: 99%
“…Likewise, community social and physical incivilities such as fighting and arguing between residents, litter, graffiti, and dilapidated housing are signals to potential homeowners to avoid such communities because these cues are associated with potential criminal victimization (Hunter 1978). Neighborhoods with higher crime rates are also associated with lower housing prices (Schwartz et al 2003;Tita et al 2006), which discourages potential homeowners from purchasing in a community where they may not profit from their investment. 1 These considerations all suggest that residential instability could decrease if homeowners are unable to sell their property as a result.…”
Section: The Effect Of Crime On Residential Stabilitymentioning
confidence: 99%
“…Indeed, studies have found that homeowners are less likely to move than renters (Barrett et al 1994;Speare et al 1975), and more likely to know their neighbors and be involved in social networks than renters (Blum and Kingston 1984;Campbell and Lee 1992). An increasing level of crime and disorder in the neighborhood likely translates directly into lower values for one's home (Tita et al 2006), suggesting an economic incentive. Indeed studies have found that neighborhoods with a greater proportion of homeowners have lower rates of burglary (Ross 1977) and violence (Hipp 2007b;Krivo and Peterson 1996;Roncek 1981;Smith et al 2000).…”
Section: Measuring Residential Instabilitymentioning
confidence: 99%
“…Tita et al (2006); Lynch and Rasmussen (2001); Linden and Rockoff (2008) find a negative effect of crime and violence on real estate prices. Bowen and Bowen (1999); Schwartz and Gorman (2003); Ceballo et al (2004) find that exposure to violence in the neighborhood or in-school bullying has detrimental effects on children's perception of security, school attendance and grades.…”
Section: Introductionmentioning
confidence: 98%