Introduction of Low-Income Housing Unlikely to Affect Nearby Home Prices
“Construction of low-income housing developments has had no consistent impact on the sale prices of nearby homes, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This report includes an analysis of over 220,000 home sales in neighborhoods with low-income housing developments in 26 metro areas across the U.S. from 2007 through 2019.”