Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall. ↗
The arts can play a vital role in revitalizing neighborhoods, using and improving vacant space, bringing new jobs and new sense of opportunity, and improving public safety by generating more foot traffic and more eyes on the street. ↗
As a kid, I played my share of football in the street or in a vacant lot. When we were playing in the street, it was more touch football, so we didn't hit each other into cars. ↗
I'm from Kansas, so there were a lot of vacant lots and open fields to tackle each other in so we could avoid tackling each other on the street. But running on the street and trying not to get taken down on the concrete, that will make you fast, that's for sure. ↗