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Idea to send: |
| Topic | Urban Renewal |
| Content | If homebuilders were required to buy one house in run down areas of the city for every 5 or 6 permits they were issued, it would not be long before a whole out-dated neighborhood would be purchased for new housing additions. This would eliminate the slum areas in the inner city and clear the way for new homes, mostly near the downtown area. This may also spur the downtown area for further developement. Say if for every five new home permits, one old home was purchased at $15,000-$25,000, that would only be an additional $3,000-$5,000 additonal cost on a new home. Not a huge price to renew Oklahoma City. |
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