The study, released in 2008, compared home sale prices before and after the development of Project H.O.M.E. housing facilities and controlled for many other factors that could affect home values, said [Kevin] Gillen, an economist and senior research consultant at the Fels Institute of Government at the University of Pennsylvania....
"These properties were overwhelmingly in distressed neighborhoods. If you were to do the same thing in affluent neighborhoods, it may not bring the same result. But given the choice living next door to a well-maintained homeless facility and a vacant abandoned building, you’ll take the homeless facility," he said.
January 12, 2013
May... meaning it probably increases the value of the property over there where we'd like to site the facility but not over here where I live.