Sobering report: 20% of Detroiters could lose homes to tax foreclosure this year
As more properties fall into foreclosure, the cycle of abandonment, arson and blight will continue.
As more properties fall into foreclosure, the cycle of abandonment, arson and blight will continue.
Investors scooped up more than 9,000 Detroit homes in a county auction.
Some of the properties are abandoned and gutted, while others could fetch more than $85,000 in any other community.
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