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Homes in Tax Foreclosure Property Listings Attract Crime

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By : John Cutts    99 or more times read
The New York borough of Queens is experiencing high crime rate, especially in neighborhoods where there are high number of homes in tax foreclosure property listings.

As tax foreclosure property listings in Queens keep growing due to unabated foreclosures, it follows that thieves, vandals and squatters would take advantage of the burgeoning number of abandoned and vacant properties.

Data showed that the number of homes in tax foreclosure property listings in the borough increased by 62 percent to 472 in first month of this year from 290 for the same month the previous year.
A study released by ACORN, an advocacy group, showed that Queen areas where high incidences of crime were reported from 2006 to 2008 were also the neighborhoods that top tax foreclosure property listings. These neighborhoods are Kew Gardens/Woodhaven, Jackson Heights, Rockaway/Broad Channel and Jamaica/Hollis.

However, the group noted that the neighborhoods of Queens Village and South Ozone Park, where tax foreclosure property listings are on its all-time high, experienced a drop in crime rates, the same in eight neighborhoods with low foreclosure rates, including Forest Hills, Astoria and Flushing.

Pat Boone, president of New York ACORN, explained that that the correlation between foreclosures and crime makes sense. He added that thousands of families in the state have lost their properties to foreclosure, which in turn, left communities with more abandoned and vacant houses and few people to help watch everyone’s safety.

The research conducted by ACORN compared FBI and NYPD crime statistics and the number of foreclosed homes in Queens.

ACORN researchers noted that borough areas where the number of distressed properties are high have 424 reported crime incidents than in low-foreclosure places in 2008, reflecting a 150 percent increase in crime rate since 2006.

The research echoed Boone’s statement that the rapid displacement of distressed homeowners has left communities with few people who are concerned enough to watch each other’s back and properties.

Crimes such as robberies, burglaries, murders and automobile thefts are becoming common news in Queens places with long tax foreclosure property listings.

Linda Bowman of ACORN expressed her concern over the growing number of foreclosed homes in her neighborhood in Far Rockaway, pointing out the need to ensure that homeowners stay in their houses so that communities will remain safe.

The ACORN study also associated crime to high foreclosure rate in other state areas, including Albany, Brooklyn and Nassau County.
John Cutts has been educated in the finer points of the foreclosure market over 5 years.

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