Editing Broken windows theory (section)

===Real estate===
Other side effects of better monitoring and cleaned up streets may well be desired by governments or housing agencies and the population of a neighborhood: broken windows can count as an indicator of low real estate value and may deter investors. Real estate professionals may benefit from adopting the "Broken Windows Theory", because if the number of minor transgressions is monitored in a specific area, there is likely to be a reduction in major transgressions as well. This may actually increase or decrease value in a house or apartment, depending on the area.<ref>{{Cite web |url=https://realtytimes.com/agentnews/agentadvice/item/40700-20151208-broken-windws-theory-can-be-applied-to-real-estate-regulation |title='Broken Windws' Theory Can Be Applied To Real Estate Regulation |last=Hunt |first=Bob |website=realtytimes.com – Realty Times |language=en-gb |access-date=2019-11-19 |archive-date=2020-02-25 |archive-url=https://web.archive.org/web/20200225093953/https://realtytimes.com/agentnews/agentadvice/item/40700-20151208-broken-windws-theory-can-be-applied-to-real-estate-regulation |url-status=live }}</ref> Fixing windows is, therefore, also a step of [[real estate development]], which may lead, whether it is desired or not, to [[gentrification]]. By reducing the number of broken windows in the community, the inner cities would appear to be attractive to consumers with more capital. Eliminating danger in spaces that are notorious for criminal activity, such as downtown New York City and Chicago, would draw in investment from consumers, increase the city's economic status, and provide a safe and pleasant image for present and future inhabitants.<ref name=HarcourtLudwig2006>{{Cite journal |jstor=4495553 |last1=Harcourt |first1=Bernard E. |title=Broken Windows: New Evidence from New York City and a Five-City Social Experiment |journal=The University of Chicago Law Review |volume=73 |issue=1 |pages=271–320 |last2=Ludwig |first2=Jens |year=2006 |ssrn=743284 |url=https://chicagounbound.uchicago.edu/uclrev/vol73/iss1/14/ |access-date=2020-02-19 |archive-date=2020-02-25 |archive-url=https://web.archive.org/web/20200225093953/https://chicagounbound.uchicago.edu/uclrev/vol73/iss1/14/ |url-status=live }}</ref>