The Economics of Historic Preservation (The National Trust for Historic Preservation)

The Economics of Historic Preservation refers to how maintaining historic sites benefits communities economically. Preserving buildings boosts local economies by attracting tourism, creating jobs, and encouraging investment. It can be more cost-effective than new construction and helps sustain neighborhood character, which increases property values. The National Trust for Historic Preservation advocates for these economic benefits, showing that protecting historic places supports economic vitality, cultural heritage, and community identity. Overall, investing in preservation benefits both the economy and local quality of life.