Vacant homes cost cities millions in reduced tax revenues and property values



The number of vacant buildings in some American cities has reached “epidemic levels”, according to a new study by the Lincoln Institute of Land Policy.

Squatters dash Detroit’s housing clean-up hopes



To stabilize its housing market, Detroit city officials are on a mission to clear tens of thousands of abandoned, dilapidated houses – remnants of the foreclosure crisis – throughout its city, but squatters are preventing them from bulldozing the homes. photo credit: ellenm1 via photopin cc Detroit does not allow occupied properties to be demolished. […]

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