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<br /> I-z../ S"~ <br /> 2. . Adult entertainment establishments tend to locate in somewhat .1 <br /> deteriorated areas. - I <br /> 3. Additional relative deterioration of an area follows location of an adult . <br /> business in the area. <br /> 4. There is a significantly higher crime rate associated with two such . <br /> businesses in an area than is associated with only one adult business. I <br /> 5. Housing values are also significantly lower in an area where there are <br /> three adult businesses than they are in an area with only one such business. I <br /> Similar conclusions about the adverse impact of sexually oriented businesses on . <br /> the community were reached in studies conducted in cities across the nation. <br /> I <br /> Indlanapolfs -. <br /> rn 1963, the City of Indianapolis researched the relationship between sexually' <br /> oriented businesses and property values. The study was based on data from a I <br /> national random sample of 20 percent of the American Institute of Real Estate <br /> Appraisers. . <br /> The Study found the following: I <br /> 1. The appraisers overwhelmingly (80%) felt that an adult bookstore <br /> located in a neighborhood would have a negative impact on residential I <br /> property values within one block of the site. <br /> -- 2. The real estate experts also overwhelmingly (71%) believed that there I <br /> would be a detrimental effect on commercial property values within the same I <br /> . one block radius. <br /> . . <br /> -I <br /> . <br /> -8- <br /> II I <br />