Addressing Excess Developed Real Estate with Parks
We have prepared a PowerPoint presentation outlining the real estate problem and the role of parks in addressing the physical toxic assets undermining our financial system.
Creation of mortgage debt has encouraged overbuilding of non-productive housing and retail assets. Vacancies are huge and will continue to grow, with high costs to neighbors, communities, banks, and the economy. Parks can transform this new liability to a neutral or positive asset.
