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long as there are less than 8 existing outlets in that 0.1 mile radius. Comparing the estimated percent change in property crime density in areas within 0.1 miles from the new outlet against that in areas between 0.1 and 0.25 miles away, we observe an interesting phenomenon: property crime is displaced from areas further away to areas closer to the new outlet. This suggests that property crimes are `mobile' and are sensitive to the higher human traffic brought about by the opening of a new outlet. Conversely, the estimated increase in violent crime density within 0.1 miles from the new outlets is magnified by the presence of other outlets in the same area. Unlike property crimes, there appears to be agglomeration effects for violent crimes in low -SES neighborhoods. When I limit my sample to outlets located in high -SES tracts, I find that new outlets in high -SES neighborhoods cause property crime density to increase but on the other hand, appear to decrease violent crime density as well. This is not surprising since outlets in high -SES neighborhoods typically consist of supermarkets, specialty wine stores and grocery stores and these outlets will typically attract a clientele consisting largely of families and wine connoisseurs. The closure of outlets in low -SES neighborhoods decreases property crime density in the immediate vicinity of the outlet. There is some evidence, however, that this decrease in property crime results in a corresponding increase further away. This is consistent with earlier findings that suggest that property crimes are displaced and are sensitive to changes in human traffic. The closure of outlets in low -SES neighborhoods has virtually no effect on violent crime density when there are other outlets around. In contrast, the closure of outlets in high -SES neighborhoods appear to increase both property crime and violent crime. While the effect of a closure on violent crime is mitigated by the presence of other outlets, the increase in property crime density is magnified by the presence of other outlets. One plausible explanation for this is that the other outlets that remain after the outlet closure may be located in relatively lower -SES neighborhoods if the outlet that closed was situated near the edge of a high -SES tract. Another possibility is the business that replaced that particular alcohol outlet may not draw as desirable a clientele as the alcohol outlet. In addition, I find that homes located within 0.5 miles from new outlets in low - SES neighborhoods sold for between 2 and 4 percent less on average but homes located 5