Topic > Foreclosure.com Scholarship Essay - 2067

Every collapse offers new opportunities to rebuild with a new vision, but it is up to individuals to take the right risks and sacrifices to turn a distressed piece of real estate into a model progressive for community development. While many see the current state of real estate as an opportunity to purchase undervalued properties as investments, I see the opportunity to join social and agricultural movements that have the ability to thrive in current conditions. Urban agriculture and community coordination are both aspects of an environmentally sustainable society that ensures maximum return on investment from both a financial and personal satisfaction perspective. But before I sound like a complete idealist, I should state that while the heart and right intentions are great, an investor must have a solid 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 use specifically for a distressed real estate purchase, I would purchase an urban property in Detroit with the intent of making my new holdings part of the growing community-supported urban agriculture movement. Before I go any further, I should clearly articulate my intentions in this seemingly unprofitable venture. In recent years, I have become fascinated with American food systems, the growth of organic and local food, and the injustice of “food deserts,” or areas without affordable, nutritious food, plaguing low-income areas. Consequently, it could be said that my direction in this project is that of personal satisfaction, but I would say that my goal is to remain faithful to the concept of sustainable development, and therefore I wish to do... middle of paper ...... d cents, a common sense of personal satisfaction goes a long way.Works CitedChristensen, Roxanne and Satzewich, Wally. “Live a new ideal: become an urban agricultural family.” SPIN Agriculture. 2008."Hantz Factors." Hantz Farms. 2009. Network. November 25, 2011..Harris, Paul. “Detroit is growing.” The Guardian. July 11, 2010. Web. November 20, 2011. Jones, Tim. “Detroit's Prospects Slump Along with Home Prices.” The Chicago Tribune. January 29, 2009. Network. November 20, 2011.Saulny, Susan. “By eliminating middlemen, buyers purchase portions of farms.” The New York Times. July 10, 2008. Web. November 29, 2011. "Urban Agriculture: Get Involved." Urban agriculture. Network. November 20, 2011..Whitford, David. “Agriculture: One Way to Try to Save Detroit.” CNNMoney. 29 December 2009. Web.20 Nov. 2011.