Tag: foreclosure
Posted in News
$600M Property Tax Overcharge Is Eroding Detroit’s Black Homeownership
phillynews215 11/17/2023
African-American homeowners in Detroit don’t just face lingering damage from the 2008 recession. The city is suffering from a foreclosure crisis after overcharging homeowners $600 million in property taxes. CORRECTION: The estimation that Detroit owns…
Posted in News
Detroit’s Land Bank Holds More Trouble for City’s Remaining Homeowners
phillynews215 11/16/2023 41 Comments on Detroit’s Land Bank Holds More Trouble for City’s Remaining Homeowners
What happens to the remaining homeowners, their properties, and their neighborhoods in Detroit after the foreclosure crisis created a glut of abandoned, city-owned houses? Director/Video Editor: Will Arenas Audio Engineer: Taylor Hebden Chase Producer: Genevieve…