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Which of the following accurately describes a strategy for promoting community development in cities? Group of answer choices Incumbent upgrading incentivizes young wealthy couples to
Which of the following accurately describes a strategy for promoting community development in cities? Group of answer choices Incumbent upgrading incentivizes young wealthy couples to move into and fix up property in declining neighborhoods to drive up property values and tax revenue. Homesteading provides funding for land speculators to purchase city-owned property with the anticipation that the land will increase in value. Homesteading is a community development strategy, as opposed to an affordable housing strategy, as rehabilitation costs can be out of reach for low-income residents. All of the above
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