Neighborhood Stabilization Strategies for Vacant and Abandoned Properties

Abstract:     
Vacant and abandoned properties are a growing inventory in many American neighborhoods as a result of unusually high foreclosure numbers, population loss, and property value declines. The impact of vacant and abandoned properties is tangible and requires a willingness by local governments to acknowledge and address the problem. This article outlines the problems caused by vacant and abandoned properties and suggests a variety of potential strategies, from property tax foreclosure reform to land banking.

Number of Pages in PDF File: 13

Keywords: Vacant, Abandoned Properties, property, real estate, finance, foreclosure

Accepted Paper Series