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Do the math people 100,000 empty homes not bringing in tax revenue, not paying school taxes, not paying garbage, (someone has to pay those union sanitiation workers), whose paying to plow the streets of snow? Whose paying the water and sewar? You think this is just Detroit or chicago, think again. Everytime a bank takes a home, the bank doesn't loose --
March 24 2011 at 4:06 PM Report abuse Permalink +2 rate up rate down Reply 1 reply to jkennedy806's commentin fact, the bank donates these fraudclosed homes to the city to avoid paying taxes.
March 24 2011 at 4:12 PM Report abuse Permalink +1 rate up rate down ReplyLast year, the Wall Street Journal reported that then newly-elected Mayor Dave Bing planned to tear down 10,000 abandoned homes. But even that ambitious goal would only take care of one-ninth of the city's 90,000 abandoned properties, according to Data Driven Detroit. If mortgage reg's and Obama did such a fantastic job then why are their abandoned homes. What would have been better working with the homeowner, or blight you tell me.
March 24 2011 at 3:59 PM Report abuse Permalink +1 rate up rate down Reply