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Lowering the Bottom Line

Posted by: The Intrepid Staff
Thanks to: Gayle Ross
20 December 2006 - 6:00am

From city, neighborhood, block to building-scales, Stephen Mouzon offers ideas to offset high housing costs and economic segregation.

"Although housing prices in many regions have declined in the past several months, they rose tremendously in the past few years, and affordability remains a big problem in many places. Fortunately, it’s a problem that New Urbanism is well equipped to address — in ways that also improve livability."

Full Story: How to make urban housing more affordable
Source: New Urban News, December 13, 2006
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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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