Foreclosures are leading to
problems relating to health as well as crime in neighbourhoods. The
numbers of foreclosures have increased in Grand Strand recently and
studies show that that the communities are hurt in a way that is beyond
the travails of the property market. It means value of houses could take
a further tumble hoytecnologia.
Some
of the researches indicate that foreclosures are resulting in increase
in health and crime related problems in the regions. Mark Liddel who
resides near a foreclosed home said that he could "actually see it". He
is also engaged with real estate business and is not surprised at the
findings pointing to a link between foreclosures and these two
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The
Woodstock Institute and Georgia Tech researchers noted that "higher
foreclosure levels do contribute to higher levels of violent crime" textilefinish
accommodate changes in styles of cloth.. They found it to be
particularly prominent in areas resided by the low-income group where
there were many vacant foreclosed unit standing empty for a long time.
In the Grand Strand where most of these foreclosures were spread out,
the threat is reduced but Liddell notes that the potentiality of the
problem cannot be dismissed. He said, "I can certainly see less economic
activity going on, and therefore it certainly seems to me it could lead
to more crime - blight on neighbourhood and such. There are
neighbourhoods.You now have a golden opportunity to change all of I've
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Larry
Crow resides near a foreclosed unit and fears for escalation of crime
since there are few more foreclosures a couple of blocks away from his
home. He has already noticed squatters inside these abandoned houses and
the police have been trying to evict them.
Other studies have
found another fallout from foreclosures that could be even more
pervading. According to the National Bureau of Economic Research "an
increase in the number of foreclosures is associated with increase in
medical visits for mental health (anxiety and suicide attempts) for
preventable conditions (such as hypertension) and for a broad array of
physical complaints that are plausibly stress-related".
Liddell
said he has been noticing it daily. He thinks that things are getting
worse with the dragging on of foreclosure. The health problem is
affecting also those not in foreclosure as they are struggling to
survive being hemmed in from all sides.
The researchers are hopeful that the findings will lead to positive steps being taken to mitigate the crisis ameblo.
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