New UC Irvine study finds affordable housing increases property value and lowers crime

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New UC Irvine study finds affordable housing increases property value and lowers crime
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A new study by the UC Irvine Livable Cities Lab debunks the myth that affordable housing increases crime.

He said the study looked at data three years before, and three years after affordable developments moved into neighborhoods. He said the findings of the study debunk the myth that affordable housing increases crime.In addition, he said they also added value to people's homes by about $16,000.

"We are confident in being able to say that when it comes to housing prices, we see a very large increase on the average sales price and square footage valuation of a home, right after the opening of affordable units," Tita said. The city of Irvine has the most affordable housing units than any other community in Orange County, according to Tita.

"It just goes to prove that you can have a lot of affordable housing, and be voted the safest city in America for 16 years running," Tita said. And according to Tita, the shortage in affordable housing is because it is more expensive to build, and issues with zoning and permitting.

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