A review of the impact of neighbourhood crime on residential property values

The consequences of residential neighbourhood crime does not space property values in that it tends towards discouraging housing investment, yet there is paucity of research in this regard. This study reviews prior studies on property crime in which they specifically focused into the impact of crime...

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Main Authors: Emmanuel, Olajide Sunday, Mohd Diah, Mohd Lizam
Format: Article
Language:English
Published: Medwell Publications 2017
Subjects:
Online Access:http://eprints.uthm.edu.my/4908/
http://eprints.uthm.edu.my/4908/1/AJ%202017%20%28230%29%20A%20review%20of%20the%20impact%20of%20neighbourhood%20crime.pdf
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author Emmanuel, Olajide Sunday
Mohd Diah, Mohd Lizam
author_facet Emmanuel, Olajide Sunday
Mohd Diah, Mohd Lizam
author_sort Emmanuel, Olajide Sunday
building UTHM Institutional Repository
collection Online Access
description The consequences of residential neighbourhood crime does not space property values in that it tends towards discouraging housing investment, yet there is paucity of research in this regard. This study reviews prior studies on property crime in which they specifically focused into the impact of crime on housing prices. The studies are classified by recency of publication, researcher's academic/professional specialiasation, method of analytical tool, cmmtiy of publication and the degree of impact. A rigorous review of the relevant literature was generated through various online data bases like scopus, emerald, science direct, SAGE and Google scholar among others. The review reveals that there is dearth of recent publication on the impact of crime on housing price notwithstanding its attendant consequences on individuals, professionals and the public sector alike. It is however, recommended that more research studies should be sponsored in this regard. The policy implication of this study includes boosting public revenue through property taxes as well as that of the property manager and valuer. It is also intended to promote sustainable housing geared towards healthy living.
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spelling uthm-49082021-12-23T07:01:53Z http://eprints.uthm.edu.my/4908/ A review of the impact of neighbourhood crime on residential property values Emmanuel, Olajide Sunday Mohd Diah, Mohd Lizam HD1361-1395.5 Real estate business HV7431 Prevention of crime, methods, etc. The consequences of residential neighbourhood crime does not space property values in that it tends towards discouraging housing investment, yet there is paucity of research in this regard. This study reviews prior studies on property crime in which they specifically focused into the impact of crime on housing prices. The studies are classified by recency of publication, researcher's academic/professional specialiasation, method of analytical tool, cmmtiy of publication and the degree of impact. A rigorous review of the relevant literature was generated through various online data bases like scopus, emerald, science direct, SAGE and Google scholar among others. The review reveals that there is dearth of recent publication on the impact of crime on housing price notwithstanding its attendant consequences on individuals, professionals and the public sector alike. It is however, recommended that more research studies should be sponsored in this regard. The policy implication of this study includes boosting public revenue through property taxes as well as that of the property manager and valuer. It is also intended to promote sustainable housing geared towards healthy living. Medwell Publications 2017 Article PeerReviewed text en http://eprints.uthm.edu.my/4908/1/AJ%202017%20%28230%29%20A%20review%20of%20the%20impact%20of%20neighbourhood%20crime.pdf Emmanuel, Olajide Sunday and Mohd Diah, Mohd Lizam (2017) A review of the impact of neighbourhood crime on residential property values. Journal of Engineering and Applied Sciences, 12 (5). pp. 1205-1211. ISSN 1816-949X
spellingShingle HD1361-1395.5 Real estate business
HV7431 Prevention of crime, methods, etc.
Emmanuel, Olajide Sunday
Mohd Diah, Mohd Lizam
A review of the impact of neighbourhood crime on residential property values
title A review of the impact of neighbourhood crime on residential property values
title_full A review of the impact of neighbourhood crime on residential property values
title_fullStr A review of the impact of neighbourhood crime on residential property values
title_full_unstemmed A review of the impact of neighbourhood crime on residential property values
title_short A review of the impact of neighbourhood crime on residential property values
title_sort review of the impact of neighbourhood crime on residential property values
topic HD1361-1395.5 Real estate business
HV7431 Prevention of crime, methods, etc.
url http://eprints.uthm.edu.my/4908/
http://eprints.uthm.edu.my/4908/1/AJ%202017%20%28230%29%20A%20review%20of%20the%20impact%20of%20neighbourhood%20crime.pdf