Houses and values: juxtaprose 7

‘Values increase an average of 2 to 3 percent for homes within half a mile of a Wal-Mart store and 1 to 2 percent when the home is a half mile to 1 mile from a store.’ (‘The Wal-Mart effect on home values’, Chicago Tribune, 7 June 2012)                   Previously juxtaprosed.

‘Community development practitioners developing social capital may not specifically have property values in mind when building community. However, neighborhoods with higher levels of social capital should have lower crime rates and provide a healthier social environment for their residents. To the extent these are perceived as amenities, this social environment should be capitalized into the value of housing within the neighborhood.’ (Temkin and Rohe, ‘Social capital and neighborhood stability,’ 1998)