'Safest' US city makes property investors stock rise

Property investors with interests in one US city suddenly saw the value of their stocks rise this week thanks to statistics from the FBI. The bureau has revealed Irvine, California, is the country’s safest big city for the fourth year in a row.

Officials use uniform crime reporting figures to name the most trouble-free metropolis, with records showing Irvine has less violent incidents per capita than any US location with more than 100,000 residents.

Real estate firms from the area were understandably delighted.

Tom Veal of the Irvine Community Development Company said safety is one of the “most important considerations” when American families are choosing a place to live. His firm is an affiliate of The Irvine Company, a 140-year-old real estate planning, development and investment business.

The group is best known for the Villages of Irvine, the “balanced, sustainable communities” it has planned and built in Orange County, California. A ‘master plan’ of future developments is still being followed by the firm, which is planning to build Laguna Crossing of the county’s Laguna Canyon Road.

Units are set to go on sale in 2010 and are expected to prove popular with families as 90 per cent of children in the area go on to college after finishing high school.

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