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Baltimore Assessments Accidentally Subsidize Blight–and How We Can Fix It
Baltimore systematically undervalues vacant lots by as much as half a billion dollars, a new Center for Land Economics report finds.
Next week, we will be officially launching OpenAVMKit, the fruits of our labor these last six months as well as Lars’s years of experience in mass appraisal and land economics research. Our goal is to give researchers and assessors in both the private and public sector more power tools for real estate valuation, all in a standardized, transparent, reproducible, free and open source package. This isn’t just an accounting fix; it's a critical policy lever to unlock Baltimore's potential, stabilize neighborhoods, and build a more equitable and prosperous city for everyone.
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