The purpose of land banks is to get properties back into productive use — if officials are having difficulty selling vacant property, a lower price should be offered to all potential buyers.
Americans’ preference for the suburbs has been demonized, and metro Atlanta’s spread-out suburbs have earned it the label of “poster child for sprawl.” Despite this push toward central cities, consumer preference remains single-family homes in the suburbs, Joel Kotkin writes inaaa
Atlanta – Did you know that Georgia had the nation’s fourth-highest foreclosure rate in 2012? There were 105,610 foreclosure filings last year, or one for every 39 homes. Who’s to blame? Greedy bankers? Corrupt politicians? Ignorant homeowners? Find out fromaaa