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Protecting vacant properties through renovation and investment

Protecting vacant properties through renovation and investment

Ensuring the stability of the housing market is crucial to prevent homes from becoming vacant and to quickly reoccupy those that have already been vacated. To achieve this, various strategies can be implemented, such as foreclosure prevention programs, rehabilitating homes for sale, or offering scattered-site rental housing. Marketing the neighborhood and revitalizing commercial sectors can also stimulate demand and attract residents to these areas, which in turn reduces the number of vacant homes.

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