Thursday, July 25, 2013

Follow Up To Yesterday's Post

Hello Everyone:

First I want to just clarify how I got out yesterday's post, iPad.  Thank you Apple Computers.  Second, I've posted the images accompanying yesterday's post on Japanese Internment Camps on a Pinterest board.  You can see this and more at http://www.pinterest.com/glamtroy.  For my American readers, I want to make you aware that Congress is considering getting rid of the Historic Preservation Tax Credits.  Over the last several years, the amount of credit an owner of a historic property can receive has been declining.  This can be detrimental to property investment in urban areas such as Detroit, Michigan.  The reason why it's necessary, this is for all my readers across the globe, to invest in historic property rehabilitation is that through private initiatives, older buildings can be repurposed to add to the housing stock, provide places for much needed clinics and community centers, and so on.  You can argue that it's too costly to rehabilitate an older building or the return on the investment or the credit it isn't worth it.  However, I would urge everyone to look beyond the bottom line and consider that rehabilitating an older building can provide greater long-term return, if the investment is handled properly.  Another argument you can make is the tired "I won't be allowed to make any changes to the property."  That's not entirely true.  You can make upgrades as long as it DOESN'T compromise the historical or cultural character defining features of the resource.  Of course you must bring it up current health and safety code, that's paramount.  If you'd like more information, please go to the National Historic Preservation Trust website at http://www.preservationnation.org.  Remember "the greenest building is the one already built."

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