Photo courtesy of M.Roemer at Flickr.com.
As the housing bubble continues to burst, it turns out that there’s an unexpected silver lining in the economic downturn. The sharp decline in property values may lead to reduced development in environmentally sensitive areas, and fire sale prices are making it easier for conservation groups to buy tracts of land on the cheap.
There’s not a whole lot of good news coming from the housing sector right now, but this is at least one small ray of sunshine to hang onto.
Photo courtesy of ACPinho at Flickr.com.