Vacant and Abandoned Properties: Turning Liabilities Into Assets


- The absence of universal definitions of vacancy and abandonment complicates efforts to assess the number of vacant and abandoned properties nationally.
- Vacant and abandoned properties are linked to increased rates of crime (particularly arson) and declining property values. The maintenance or demolition of vacant properties is a huge expense for many cities.
- It is critical to match strategies for combating vacancy to neighborhood market conditions."
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  • Tools for urban blight factor interconnectivity

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