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IL: Study – Home prices may suffer in areas near offenders

BLOOMINGTON — The legal limits on where convicted sex offenders can live have created an unintended financial consequence for McLean County property owners who may have a person considered an outcast by society living next door.

The selling price for homes sold within close proximity of where a registered sex offender lives were predicted to be $6,586 lower than sold homes in areas without offenders nearby, according to a study by John Navarro, an Illinois State University criminal justice sciences student who examined the issue for his graduate thesis. Full Article

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Here’s yet another novel idea…eliminate the public registry to preserve real estate prices!

So here is the plan… in 4 years I’m planning to buy a house in Beverly Hills… you guys start moving in the neighborhood apartments.. so hopefully my price drops to the lower $10,000 🙂

Could this be the Ripple Effect, Karma, or perhaps it’s just bad legislation coming back to bite people in their butts?! I didn’t ask for this registry thing, nor did anybody else. Oh, those poor homeowners who supported this overly harsh registry and the multitude of side effects. So now the registry is starting to affect more than just the RSO’s and their families…good! Will we be banned from buying homes in “exclusive” neighborhoods now? (If we could afford them) More collateral damage.

Like I’ve been saying; the ignorant masses are expert at creating their own problems and then being too stupid to see the soloution; lose the unconstitutional registry. This is just one more item in the long list of negative effects the registry has. Nothing good has come of it to date.

Would love your thoughts, please comment.x