Vacant properties on the rise in Louisville
From WFPL.org, also checkout the great visual graphic. The epidemic of vacant properties in Louisville is growing. That’s one of the many facts cited in the latest annual Competitive City Report from the Greater Louisville Project.
According to the report, in some areas of the city, more than 15 percent of homes and business are vacant. The 2010 Census puts the average for Metro Louisville at 8.4 percent. But it’s hard to measure. As homes are abandoned, foreclosed, sold and destroyed, the count stays fluid.
What is clear is that neighborhoods in the West End have been hit the worst and the population of the suburbs has grown. But Metropolitan Housing Coalition director Cathy Hinko says those two figures aren’t necessarily related. It’s unlikely that a family would be in foreclosure, then move to a suburb.
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