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News Link • Economy - Economics USA

City of Detroit is auctioning off properties.

•, by iehuvihs

For anyone interested, there are many very well built houses up for auction by the city of Detroit. The city of Detroit and State of Michigan own an estimated 20% of all residential properties in Detroit. In order to raise money to pay off creditors and get properties back on the tax rolls the City of Detroit is auctioning them via the Detroit Land Bank. Great opportunity for liberty minded individuals. Great pro-gun police chief. Wave of new residents coming into the city. Blighted buildings being torn down are driving criminal activity elsewhere.

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