We have so many things we can build, but with so little space. We as a community need to have a vision and a mission to find ways to regain and refurbish more land. Land is vital to start businesses and make our community a more productive society. With that being said, we have too many abandoned, vacant, and blighted houses taking up space. In this article I will define land banking, tell why it is important, and effects that it can have on our society.

First, land banking is the process of purchasing land for a cheap price and then holding it until the value increases. You can also purchase land and use it for personal use to establish a business or rebuild homes. Land banking can bring among a positive effect or negative effect.

Land banking is important because first it let you purchase land at a cheaper price. Next, land banking is important because it helps to eliminates abandon, vacant, and blighted buildings within our community. Our community is important to us as well as others. Land banking is also important because it helps to increase the property value in the community. Although many people don’t know that property value is lowered because of signs posting on trees and stuff, we can let everyone know that by taking the signs down that will make an huge difference.

Lastly, land bank has an effect on our community. One negative effect is that we have the ability to purchase others land at a low cost; although that may sound mean it should be acceptable if they are not taking care of it. However, with the purchasing of there land we will be able to rebuild our society. We will be able to put recreations, rebuild homes, develop parks, restore businesses, and place many other things on that land. So the positive affect greatly out weight the negative effect on our community. In the end Land bank bring along many opportunities to our community and help improve our society.

Land bank has been overlooked for many years. However, some people have took advantage of these great opportunities and are using this to rebuild houses and help our communities for the better. Its always a great feeling when you can buy a home at a low price fix it up and help others have a home. Land banking is important to our communities, our health, and nation.