Money For the Rest of Us
Our Car Was Attacked! Is Property Crime Increasing?
Sep 13, 2023
The podcast discusses recent personal encounters with property crime and explores trends in property crime rates. It analyzes the factors influencing crime rates and debunks misconceptions. The impact of switching from leaded to unleaded gas on crime rates is explored. The episode also provides tips to reduce exposure to property crime and emphasizes the importance of trusting intuition.
24:31
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Quick takeaways
- Property crime rates in the United States have been decreasing over the past few decades, with a 62% decline from 1991 to 2021, despite anecdotal incidents suggesting otherwise.
- While overall property crime rates are declining, specific crimes like motor vehicle theft and organized retail crime have seen recent increases, indicating localized shifts in criminal activity.
Deep dives
Property Crime Trend: Downward over the Decades
Property crime, including theft and robbery, has been on a downward trend in the United States over the past few decades. According to data from the FBI, property crimes per 100,000 people have declined by 62% from 1991 to 2021. Despite anecdotal incidents and perceptions of crime increasing, the overall statistics show a decrease in property crime rates. However, certain areas like Oakland continue to have higher property crime rates compared to the national average.
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