Detroit wants to save itself by shrinking
Posted: March 14th, 2010 | Author: mfguide | Filed under: Investment, News | No Comments »The current plan would demolish about 10,000 houses and empty buildings in three years and pump new investment into stronger neighborhoods. In the neighborhoods that would be cleared, the city would offer to relocate residents or buy them out. The city could use tax foreclosure to claim abandoned property and invoke eminent domain for those who refuse to leave, much as cities now do for freeway projects.
via Detroit wants to save itself by shrinking – Yahoo! News.
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