In 2013, East Liberty Development, Inc. (ELDI) commissioned a crime study analysis to examine the linkages between lowered crime rates, increased property values and initiatives of ELDI. Numeritics, a Pittsburgh-based consulting practice, completed the analysis and offered insights to explain ELDI’s role in these developments.
Now, as East Liberty’s revitalization is increasingly in the spotlight, we wanted to take a closer look at the renewal and re-examine the causes behind it. In a series of white papers, Numeritics will revisit their findings and expound further, revealing the groundwork that lies underneath East Liberty’s current revival.
Today, we present you with the first white paper that addresses the correlations between crime trends and property prices.
Read the entire document here: White Paper – East Liberty Revitalization – Crime Trend and Property Prices.pdf and stay tuned as we post the rest of the series in the coming weeks.