Quote:
Originally Posted by Stella Artois
I personally wouldn't be too concerned other than the property value decrease (fact of life). I just hope that security and such matters are well attended to and I am pretty sure they will be. I would definately prefer to have this facility than a halfway house for ex-crackheads.
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I wonder,though, if the market could read this as simply a "hospital" thus causing surrounding values to actually increase. I know proximity to hospitals in general increases property values but I don't know if there is any evidence on psychiatric hospitals.