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Half of Detroit Properties Have Not Paid Taxes; Update on Detroit Bankruptcy

Snarkasterous1 Wrote: Feb 25, 2013 6:09 PM
I read an interesting article a while back - can't recall the publication. A gentleman has proposed, in an effort to begin Detroit's recovery, returning much of the blighted, vacant city to farmland. Bulldozing boarded-up houses, removing the overhang of excess supply (and locations oft used for criminal activities), will help property values recover. Also, it will enable some productive use of the land. Also, it will, if done wisely, result in reduced need for the services (trash collection, policing) that Detroit is currently struggling to provide. In short, shrink back to health. Makes some sense, I believe (though I'm no expert in urban planning!) - Snark

The hollowing out of Detroit is nearly complete. All that's left is a bankrupt shell of a city with no services and scattered citizens that do not pay taxes.

The Detroit News reports Half of Detroit Property Owners Don't Pay Taxes

Nearly half of the owners of Detroit's 305,000 properties failed to pay their tax bills last year, exacerbating a punishing cycle of declining revenues and diminished services for a city in a financial crisis, according to a Detroit News analysis of government records.

The News reviewed more than 200,000 pages...