Economic Blight

Economic Blight
The visible and physical decline of a property, neighborhood or city due to a combination of economic downturns, residents and businesses leaving the area, and the cost of maintaining the quality of older structures. These factors tend to feed on themselves, with each one contributing to an increase in the occurrence of the others.

Although many larger cities and rural manufacturing communities struggle with economic blight, the rapid rise of premium real estate prices over the last few decades led to renewed interest in these areas. Individual investors, as well as large developers, joined forces to successfully renovate and revitalize many areas struggling with economic blight, making a handsome profit along the way.


Investment dictionary. . 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • blight — blight1 [ blaıt ] noun singular or uncount 1. ) something that damages or spoils something else: economic/moral/urban blight blight on: The threat of war cast a blight on their happiness. 2. ) a serious disease affecting plants and crops blight… …   Usage of the words and phrases in modern English

  • blight — I UK [blaɪt] / US noun [singular/uncountable] 1) a serious disease affecting plants and crops 2) something that damages or spoils something else economic/moral/urban blight blight on: The threat of war cast a blight on their happiness. II UK… …   English dictionary

  • Economic history of Ireland — To 1800The first settlers in Ireland were seafarers who survived largely by fishing, hunting and gathering . This was the extent of the Irish economy for around 3500 years mdash; until 4500BC when farming and pottery making became widespread.… …   Wikipedia

  • government economic policy — ▪ finance Introduction       measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three …   Universalium

  • Fusarium ear blight — Taxobox | name = Fusarium image width = image caption = regnum = Fungi phylum = Ascomycota classis = Sordariomycetes ordo = Hypocreales genus = Fusarium Fusarium ear blight (also called FEB, Fusarium head blight , FHB or scab), is a fungal… …   Wikipedia

  • London — /lun deuhn/, n. 1. Jack, 1876 1916, U.S. short story writer and novelist. 2. a metropolis in SE England, on the Thames: capital of the United Kingdom. 3. City of, an old city in the central part of the former county of London: the ancient nucleus …   Universalium

  • Rubber boom — The rubber boom was an important part of the economic and social history of Brazil, being related with the extraction and commercialization of rubber. This boom was centered in the Amazon, facilitating a large expansion of colonization,… …   Wikipedia

  • Cypress Park, Los Angeles — Cypress Park   Neighborhood of Los Angeles   …   Wikipedia

  • Downtown Orlando — is the historic core and central business district of Orlando, Florida, United States. It is bordered by East Marks St in the north, Mills Ave in the east, Orange Blossom Trail (US Hwy 441) in the west, and Kaley Ave in the south. There are five… …   Wikipedia

  • Ivy City, Washington, D.C. — Ivy City is a small neighborhood in Northeast Washington, D.C.. It is primarily an industrial neighborhood, dominated by warehouses and a train storage/maintenance yard for Amtrak. The area has undergone some revitalization with the influx of a… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”