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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: damainman who wrote (36922)	8/4/2005 3:22:00 PM
From: Tradelite	Read Replies (2) \| Respond to of 306849

You're right.....affluence does promote educational attainment at a higher level than poverty would, which is precisely why neighborhoods with higher home values tend to have the best schools (in terms of standardized student test scores) and vice versa. But I also go along with the theory that neighborhoods with higher rates of homeownership tend to be maintained better and have lower crime and domestic violence rates than those where people are living cheek-to-cheek in crowded apartments and on various forms of public assistance. One situation begets the other. You should see the neighborhoods and the type of housing where the youth gang violence is originating--scary.