You might find it interesting to compare the changes in neighborhood perceptions in a good economy versus a bad one. For example, in 2006 Escondido was building towards a better future by tearing down run down eyesores but in 2008 not only has construction stopped, and the properties become vacant lot eyesores but according to these comments the city is an overcrowded slum.In 2007, because of perceived marketability in a down market, D. R. Horton tried turning the Paramount condominium complex from an upscale arts-oriented project with larger units and elevators, planned for "young couples, empty nesters, and those in between ... captivated by the lifestyle that downtown living affords." (SD Biz Journal) into just another family housing project.
Professor Sorin Matei, (Purdue, Communications Dept) wrote a report for the Kettering Foundation titled “Good” and “bad” neighborhoods: perceptions and reality. Matei states in his study of Lexington, Kentucky that "growth has pushed the perceived points of economic, civic and political gravity toward the south of the city. The north, while still commercially vital, hosting much of the services and industry, has become a perceptual “black hole”, the residential areas being considered unwelcoming and declining. This, despite the fact that many lesser known but quite welcoming neighborhoods are located here"
Through researching census data for Lexington, Matie found that crime in the north, though higher per square mile was actually similar per thousand residents to that of the south. See graphic on the left. Other "findings reveal that the two most important factors [in the perception of a desirable neighborhood] are lower population density and higher educated residents. The neighborhoods that fit this description are not the most expensive ones, neither the trendier ones."Is Escondido as desirable a place to live now as in 2005? With the lower cost of housing and the same events, resources, and services, it's far more so!





