A: No!
It’s conventional wisdom that one of the reasons we have so much trouble with vacancy is that scattered-site rehab and scattered-site property management are much less cost-effective than new construction. But a long-running program in Philadelphia is showing that scattered site rehab can be cheaper and have a larger revitalizing effect at the same time!
Q: Is Scattered-site Rehab Always More Expensive Than New Construction?
A: No! A long-running program in Philadelphia is showing that scattered site rehab can be cheaper and have a larger revitalizing effect at the same time.
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