Massive wealth aside, I would argue that any decrease in crime is nullified in recent years by the increase in sensationalization of specific crimes. That is, reading "crime rates in <city> drop to historic lows in 2025" does not have as much emotional weight as seeing a social media video of a violent crime happening near one's home, even if the statistic is true.

Consider how many children were terrified to swim in the ocean after seeing Jaws for the first time... statistics do very little to allay existing (irrational) fears for most people.