Crime and Community Reinvestment
Posted by on November 14, 2003
[posted to Comm-Org]
From GWU press release: “Access to mortgage lending leads to reductions in crime rates according to research to be presented at the 62nd annual meeting of the American Society of Criminology by George Washington University sociologists Charis E. Kubrin and Gregory D. Squires. Over the past decade mortgage lending has increased and crime rates are down in central cities across the U.S. Kubrin and Squires’ research indicates that this relationship is not just a coincidence. “Investment matters and policy counts. Fair lending rules designed primarily to increase home ownership are also making neighborhoods safer places to live, work and play,” Squires said.
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