Housing markets in Detroit and other rustbelt cities such as Cleveland and Buffalo are hampered by decaying, vacant homes even as sales of existing homes hover around a three-year high nationally. Pilfering of vacant units in urban areas cut the number of U.S. homes with complete plumbing by about 10.4 percent from 2008 to 2011, according to U.S. Census data compiled by Bloomberg, including 66,722 such homes alone in Detroit.
Unmanageable City
Blight has made Detroit unmanageable. As the tax base shrinks, the cost of municipal services such as police and fire protection, bus service and garbage collection, stays the same or even rises. Sparsely populated neighborhoods see increases in crime and fires, including arsons. The state has appointed bankruptcy attorneyKevyn Orr as emergency financial manager to take over the city finances and he has said bankruptcy is an option to lessen the burden of about $15 billion in debt.“We have a city built for 2 million and only 700,000 people living here,” said John George, who has run the grassroots Motor City Blight Busters organization for the last quarter century, tearing down about 300 dwellings mostly by hand in the city’s impoverished Brightmoor neighborhood. “We have to get rid of what we don’t want, don’t need and can’t use.”
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