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There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
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Atlanta’s vacant and blighted properties are costing the city between $1.6 million and $2.9 million a year in direct services, according to a report by Georgia Tech professor Dan Immergluck, with even greater effects on property values and lost property tax revenue.
Immergluck repeatedly emphasizes that his estimates are conservative because the study only takes into account the impacts of vacant properties in poor or deteriorated condition. The report also only examines spillover effects on single-family properties up to 500 feet from abandoned homes, even though multi-family and commercial properties are also impacted, and previous studies have shown negative effects on property values up to 1,000 feet away or more.
Learn more about the report on the Next City website.
