The restoration of old buildings in major city throughout the world would involve enormous expenditure. This money would bring more benefits if it was used to provide new housing and road development. To what extent do you agree or disagree?

Many

buildings

around the world are aging and as they age, the more costly it gets to keep these structures standing.

Thus

,

according to

some resources, the alternative of constructing new houses and other infrastructure lines would be a better investment. It is my firm belief that there are certain

buildings

that must be restored regardless of huge maintenance expenses

due to

their strategic and historic value,

however

,

instead

of maintaining the other old

buildings

without any value, new construction projects can be executed.

To begin

with, there are two major reasons that make financial sense to restore certain old

buildings

. There are many ancient

buildings

that bear historical and architectural importance. Because of that these

buildings

are protected and the governments incur massive amounts of expenses to maintain them.

In addition

to that some of those

buildings

have the capability to amortize their expenses by being a hotspot for touristic activities.

Besides

the cultural and architectural importance of

buildings

, some outdated

buildings

are located at the center locations in major cities,

thus

demolishing and building a new one is not possible

due to

many obvious reasons.

On the other hand

, sometimes restoration of old

buildings

is not the silver bullet in solving the aging infrastructure problem. Generally, the maintenance process required to restore the old structure is tedious and financially burdensome,

therefore

, demolishing them is a pragmatic solution.

For instance

, as the restoration of a building is utterly expensive, the money can be spent on building new houses

as well as

contributing to other infrastructure like roads and railways.

To sum up

,

although

maintaining old

buildings

is as expensive as building a new one, some monumental structures like the Eiffel Tower and the Red Bridge must be restored despite the huge refurbishment bills because they have immense historical value as they are now representing attributes of the countries.