Wednesday, March 25, 2009

Looks like razing houses will happen

I have claimed that many houses are going to be bulldozed down because there are just too many of them. It looks like some areas are already starting to do it - or at least plan for it.

http://globaleconomicanalysis.blogspot.com/2009/03/americas-abandoned-cities.html

Last year, the city of Youngstown, Ohio, proposed incentives to encourage people to move out of nearly empty blocks and relocate to more populated areas closer to the heart of the city. Some people were offered upward of $50,000, according to news reports.The idea was to shut down entire streets and bulldoze abandoned properties so the city could discontinue services such as police patrols and street lighting, according to a CNN report.

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