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A city may target such an area to bring it up to current standards. To do this, they offer incentives for investors and contractors to renovate properties there. The city may also give incentives and tax breaks for businesses to move in. These methods can often make an area turn around and even thrive
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owner: Redemption - (no access) - [David_Lindahl]_Multi-Family_Millions_How_Anyone_(, p89


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