The Bigger Picture

A lot has been said and studied about the economics of vacant land and there is certainly more to say and study.  When it comes to the economics of vacant land, it is best described as a negative externality, which if remains unmaintained creates a substantial social cost to its surroundings. There are obvious financial damages to our local institutions and subsequently the public as consumers of those public services.  And there are far less measurable, but obvious impacts on…

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