Economic Impact of Historic Preservation

The reality of life is that money is finite. There’s not always enough money to do what we’d like to do.

However, a 2001 study conducted by Rutgers indicates historic renovation is economically beneficial.

The report on the study notes in 2000, an estimated $310 million was spent on historic properties. This yielded “8,060 jobs; $249 million in income; … and $292 million in in-state wealth.”

But don’t take this post’s word for it. You can read the entire 207-page report at this link.

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