If they don't have the staying power to be able to carry the property, that will have an effect on single-family home prices.
Even though you're paying more money, I think you'll sleep a lot better knowing you won't have to pick up the garbage the next morning.
I'm not going to say there won't be one raccoon somewhere in the world that won't eat through it, but it seems to be working great.
In the visual spectrum of light, insects, dogs and cats don't see red, so it's not an attractant to them.