Social Capital & Value

Encouraging Connections Enriches Our Lives.

Today's image, from a marketbusinessnews.com article, visually captures many topics being explored by the Joint Economic Committee (JEC) Social Capital Project. Why are investors and economists talking about feelings and participation? 

The marketbusinessnews articles explains the idea this way: "Humans create connections with other humans, and those connections are used in several ways. They can generate friendships and a great deal of happiness. However, the focus of social capital is on how social relations help us accomplish and produce things. They are a pathway to valuable assets." JEC reports examine how social capital and its sense of interconnection impact job prospects, education, and health.  

This intangible capital exerts influence on real estate values through the character of the neighborhood where a property is located. In areas where residents and businesses stay involved and weave of web of community support, they create local incentives that keep current residents and attract new ones. We CAN "Do Well by Doing Good"!

New kitchens and landscaping upgrades are financial investments that enhance property value. Engaging in community activities meaningful to you is a time investment that improves local life and augments neighborhood amenities.