Manville on Affordable Housing’s Impact on Property Values
Associate Professor of Urban Planning Michael Manville was featured in an Orange County Register article about a recent study on the relationship among affordable housing, property value and crime. Research by the Livable Cities Lab at UC Irvine examined the impact of affordable developments in Orange County and found that affordable housing did not increase crime or drag down housing values. In many cases, there was a positive impact on property values after affordable housing was built. Manville explained that affordable housing is highly regulated and “we put it in places where lower-income people are already likely to live.” He said that while the addition of affordable housing can bring down property values in affluent, exclusive areas, it is rarely allowed to do so. But he added, “The purpose of public policy is not to keep your home value high.”
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