Well, I'd have expected that most suburban homeowners are planning to stay put for a while (i.e. they're not renters). So I'd expect them to value the health of the neighbourhood over property values.
Where I live, property is expensive, and I live in a neighbourhood that seems to be dominated by investment property; many empty properties or short-let properties. There are no kids here, even though the neighbourhood would be fine for kids.
Anyway, that's apparently not the way the cookie crumbles; owning property so you can live in it seems to have become unfashionable. I hope the fashion changes, because I have no plans to sell.
Where I live, property is expensive, and I live in a neighbourhood that seems to be dominated by investment property; many empty properties or short-let properties. There are no kids here, even though the neighbourhood would be fine for kids.
Anyway, that's apparently not the way the cookie crumbles; owning property so you can live in it seems to have become unfashionable. I hope the fashion changes, because I have no plans to sell.