Plummeting real estate values and demand for new housing are hammering developers but helping conservationists, enabling land trusts to buy thousands of acres that were slated for development and preserve them as open space. Full Story »
Posted by Beth Wellington
Open space is a good thing. But we could have had just as much of it, probably more, without a real estate crisis. By the time this crisis passes and an full accounting is done we will discover that -- from the taxpayer perspective -- this was some of the most expensive open space on record.
The economy may not be so bad if things like this can happen. Cities have expanded so much and open space seems to get left behind. It's happening every where and now you have to travel a ways to get to an open space area.
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