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Strong Home Prices and Libraries
Public libraries have numerous positive effects on local communities. For example, many studies suggest libraries improve local home prices.
“Historically, strong home prices have been dependent on a strong school system and the town’s infrastructure,” says Cathy Foster, a library trustee and realtor in La Grange Park, Illinois, in a recent article.
“Two major components of this infrastructure are a public library and a park (recreation) district. The more features and benefits you can add to an item, such as a house, the greater its value will be. Conversely, take away any features and you have diminished the value. This translates into lower home prices.”
February 16, 2011
Get your geek on. Show your support. Geek the library.