The housing crisis in the West paradoxically coexists with numerous abandoned homes and derelict hotels amidst growing urban population. Towns like Bannack, Montana, and Two Guns, Arizona, illustrate the devastation of empty structures resulting from economic shifts. While cities like Denver demolish derelict homes, Albuquerque adopts a proactive stance, rehabilitating abandoned buildings to address an increasing shortage of affordable housing—an estimated 30,000 new units are needed. As housing costs surge nearly 50% since 2019, Albuquerque's initiative could serve as a model for urban renewal amidst high vacancy rates.
Albuquerque has embarked on an effort to rehabilitate abandoned houses, addressing the dual challenge of rising housing costs and a significant number of vacant units.
Ironically, while many Western cities face housing shortages, thousands of vacant buildings exist, highlighting the need for creative solutions to the housing crisis.
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