Foreclosure.com Scholarship Essay

2067 Words5 Pages

Every collapse offers new opportunities to rebuild with a new vision, but it’s up to individuals to take the right risks and the right sacrifices to transform a distressed piece of real estate into a progressive model for community development. While many see the current situation of real estate as an opportunity to purchase undervalued pieces of property as investments, I see the opportunity to become part of social and agricultural movements that have the capacity to thrive under current conditions. Urban farming and community coordination are both aspects of an environmentally sustainable society that ensures maximum returns on investment from financial and personal satisfaction perspectives alike. But before I come off as a complete idealist, I should assert that while heart and the right intentions are great, an investor needs to have a sound business plan, and a potential community action leader must have the right approach. With this in mind, if I were to acquire $150,000 in cash to be used specifically for a distressed real estate purchase, I would buy urban property in Detroit with the intent of making my new properties part of the growing movement of community supported urban farming. Before going any farther, I should clearly articulate my intentions in this seemingly non-lucrative venture. In the past few years, I’ve become fascinated with America’s food systems, the rise of organic and local food, and the injustice of “food deserts,” or areas that lack affordable nutritious food, that plague low income areas. Consequently, you could say that my direction in this plan is that of personal satisfaction, but I would assert that my goal is to remain true to the concept of sustainable development, and thus I wish to make ... ... middle of paper ... ...d cents, a communal sense of personal satisfaction goes a long way. Works Cited Christensen, Roxanne, and Satzewich, Wally. “Live a New Ideal—Become an Urban Farm Family.” SPIN Farming. 2008. "Hantz Farms." Hantz Farms. 2009. Web. 25 Nov. 2011. . Harris, Paul. "Detroit Gets Growing." The Guardian. 11 July 2010. Web. 20 Nov. 2011. Jones, Tim. "Detroit's Outlook Falls along with Home Prices." The Chicago Tribune. 29 Jan. 2009. Web. 20 Nov. 2011. Saulny, Susan. "Cutting Out the Middlemen, Shoppers Buy Slices of Farms." The New York Times. 10 July 2008. Web. 29 Nov. 2011. "Urban Farming : Get Involved." Urban Farming. Web. 20 Nov. 2011. . Whitford, David. "Farming: One Way to Try and save Detroit." CNNMoney. 29 Dec. 2009. Web. 20 Nov. 2011.

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