RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Tax Foreclosed Properties in Detroit 2003 - 2013 Sun Jun 01, 2014 7:18 pm | |
| At LOVELAND Technologies, I deal with Detroit property data everyday through our property mapping platform, Why Don’t We Own This? The data I was working with there led me to start GooBing Detroit.
Since there’s some attention coming this way, I should probably take a moment to explain this blog — which has mostly been a context-less index of stuff found while virtually driving the streets of Detroit. I’ll start with this:
"Detroit’s getting better — sure, there are neighborhoods that have problems, but they’ve been that way for 30 or 40 years."
I’ve heard statements like this a number of times in conversation and online. The idea that problems with Detroit’s property issues are decades old. Some of the root causes are certainly buried that far back, but this idea distorts what I think is still a little understood fact: The 2008-9 financial crisis had a devastating impact on the state of property in Detroit.
One Detroit group describes the last six years of property deterioration as “A Hurricane Without Water.” I think it is an apt metaphor.
http://goobingdetroit.tumblr.com/ _________________ Anarcho Capitalists Retail , OZschwitz Downunder BoutiqueAnarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist, Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy
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CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Re: Tax Foreclosed Properties in Detroit 2003 - 2013 Sun Jun 01, 2014 7:50 pm | |
| - Quote :
- An annual auction that sees 20,000 properties go up for bid for $500 a piece, sold oftentimes to speculators who do nothing to the property. Half the properties don’t sell, and are inherited by the city, where their fate, historically, has been just as bad.
_________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
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