Sexual offenders may devalue a house by up to 17%.
But …
On average, a foreclosure reduces the value of a house by 27%, says a new paper from an economist at the Massachusetts Institute of Technology and researchers at Harvard University.
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Very interesting post. I wish we had a way to search for Sexual offenders in canada (for family reasons, not to hurt values). We have a very low foreclosure rate, so they arent really a problem.
Mark