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Are Property Values Being Adversely Affected by Crime

Are Property Values Being Adversely Affected by Crime Examines the nexus of economic development, induced crime andproperty values focused on casino gambling introduced to Atlantic City,New Jersey. Uses econometric techniques to calculate the effects towhich monetary increase in property values is directly attributable tothe casinos and the extent to which these values have been diminisheddue to crime. Concludes that the gain in property taxes that amunicipality may realise when a reduction in its property crime rateimbalances assessed values. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Property Valuation and Investment Emerald Publishing

Are Property Values Being Adversely Affected by Crime

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0960-2712
DOI
10.1108/EUM0000000003296
Publisher site
See Article on Publisher Site

Abstract

Examines the nexus of economic development, induced crime andproperty values focused on casino gambling introduced to Atlantic City,New Jersey. Uses econometric techniques to calculate the effects towhich monetary increase in property values is directly attributable tothe casinos and the extent to which these values have been diminisheddue to crime. Concludes that the gain in property taxes that amunicipality may realise when a reduction in its property crime rateimbalances assessed values.

Journal

Journal of Property Valuation and InvestmentEmerald Publishing

Published: Jan 1, 1991

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