We got a school next door to our home a couple of years ago. We expected a lot of noise and vandalism, and got a bit of noise and a bit of vandalism. Our cars all got keyed, we found fast food trash in the street, grafitti appeared on our walls, and random kids would loiter in the doorway of our condo building. We spoke with the principal about all of this on a couple of occasions and I have to say it has subsided. The noise is there during the day, but after hours it's fine, as the school is closed.