Crime and Town Centers: Are Downtowns More Dangerous Than Suburban Shopping Nodes?
Richard Peiser () and
Jiaqi Xiong ()
Additional contact information Richard Peiser: Harvard University, Cambridge, MA 02138
Jiaqi Xiong: Glenborough Realty Trust, San Mateo, CA 94043
Abstract:
The perception of high crime rates in downtowns has hindered the revitalization of downtown shopping districts and adjacent residential areas. This paper presents a better methodology for measuring crime in commercial shopping districts, replacing the conventional method of quoting crimes per 100,000 residences with a measure that more accurately reflects one’s chance for being a crime victim. This new measurement is used to address the question of whether the downtown shopping districts of Los Angeles and San Diego are as dangerous as two of their most competitive suburban shopping areas—Santa Monica and Fashion Valley. The findings indicate that actual crime rates in both downtown Los Angeles and downtown San Diego are in fact lower that those of their suburban counterparts.
JEL-codes:L85 (search for similar items in EconPapers) Date: 2003
Ordering information: This journal article can be ordered from Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323 http://aux.zicklin.b ... u/jrer/about/get.htm
Journal of Real Estate Research is edited by Dr. Ko Wang
More articles in Journal of Real Estate Research from American Real Estate Society Address: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323 Series data maintained by JRER Graduate Assistant/Webmaster ().
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