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Wal-Mart And The Endangered State

Posted by: Abhijeet Chavan
Thanks to: Abhijeet Chavan
26 August 2004 - 6:00am

The U.S. state that is considered most endangered historic places in America has to be inventive to survive the impact of Wal-Mart.

"The National Trust for Historic Preservation this year put the whole state of Vermont on its list of most endangered historic places in America, the only state to be so listed...Vermonters locked in this latest tussle with Wal-Mart fear the state will suffer greatly should they lose. Wal-Mart wants to plunk several big box stores down at the edges of rural communities."

Full Story: Vermont Inventiveness Needed to Stop Threats like Wal-Mart
Source: Common Dreams, August 25, 2004
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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