“It ain’t a real ChaosScore™ unless it measures dog-barking complaints!”
A more granular way of looking at the same issue – where is the safety the residential real estate market is fleeing to? – is something I am calling the ChaosScore™: How much urban chaos is proximate to this home? That is to say: Is this an area where I am more likely to roll down my windows – or lock my doors?
Plausibly, there are Fair Housing issues here, since real estate agents are instructed to send safety questions to third-party resources – but the ChaosScore™ can be precisely that.
So: Like this: Within a three-mile radius, quantity of:
- Supermarkets/pharmacies
- Abortion clinics/gun stores
- Check-cashing/payday-loan stores
- Convenience stores/gas stations
- Traffic lights/limited-access roadways
The lower the score, the better – unless you are plotting the location of your next McDonalds. I could think of other things to measure, but they’re all about non-residential uses of the land. This again is a color-blind way of looking at the impact of location on residential real estate appreciation: Anyone buying a home where the ChaosScore™ is high should expect worse results, going forward, compared with low-ChaosScore™ neighborhoods. Higher risk of both greater-commercialization and condemnation, as well.
And while I do not ever expect to see a ChaosScore™ on a realty.bot listing, this is the way to do real estate analysis when you are not trying to uphold a demonstrably false, palpably racist agenda.
Yesterday on BloodhoundBlog:
Brian Brady: How To Fix Florida Homeowner’s Insurance Costs.
In other news:
American Thinker: Portland’s mayor should resign first.
Joel Kotkin: The Green New Deal Will Impoverish America.
Townhall.com: The Oscar Speech That Went Viral…For a Good Reason.
