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Effects of Low-Income Housing on Property Values

Are the sales prices of single-family homes made higher or lower when a href=""low-income housing/a is nearby? Most studies indicate that affordable housing has no long term negative impact on surrounding home values. In fact, some research indicates the opposite! However, local communities continue to believe the myth, raising a cry of "Not in my Backyard!" The articles and studies in this Updated Field Guide examine the effects of low-income, public, and subsidized housing on the values of surrounding properties, the challenge of NIMBY, and some possible resources people can use to educate community groups and local governments.img src="" height="1" width="1"/