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Conservationist Nonprofits: It’s a Buyer’s Market
By Tamara Berry
Almost everyone is tired of hearing about the plummeting real estate market. Yes, houses are being repossessed at alarming rates. Yes, real estate developers are unable to find buyers for their once-profitable plots of land. Yes, the entire global community is impacted by these economic changes. It’s one of those topics that is so immersed in gloom and doom that it is becoming difficult to muster up any optimistic feelings.
That’s why a recent article released by the Associated Press has many nonprofits and conservationists digging out their rose-colored glasses once again.
All over the United States, thousands of acres of land priced at exorbitant rates only months ago are now reaching a price range that even struggling conservationists can afford. Property that may have incredible historic, scenic, or even community-building potential is suddenly up for grabs – and no longer just by big businesses looking to build housing developments that cater to the upper and middle classes.
Although most of the companies that have benefited from this cheap land grab are large land trust companies, nature conservancy groups and nonprofits working with green issues can also benefit from the drastic pricing cuts. And because so much of the land isn’t useful to anyone other than other conservation groups, it’s like a department store clearance sale without the crowds.
Topics: In the News |