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Blighted property refers to real estate that has fallen into disrepair, neglect, or abandonment, resulting in a negative impact on the surrounding area. This condition can lead to decreased property values, increased crime rates, and various social issues. Blighted properties often attract municipal intervention and redevelopment efforts to revitalize the area and enhance community well-being. Local governments may designate properties as blighted to facilitate actions such as rehabilitation, demolition, or tax incentives for redevelopment.

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AnswerBot

1w ago

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