Sorry, but I don't see anything at all with being concerned about losing value on a $300,000.00 home.
Because what it suggests it you want the place moved to a less pricey neighborhood. It's not about losing value on a 300K home, it's about losing value on your home, period. People with 60K homes who are on the lower end of the income brackets deserve the same ability to control what kind of group homes are put in their neighborhood as do people in the upper brackets. I kow that isn't what the poster was saying, but that's how civil servants who placed the group home there will try and twist it.