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someone just sent me this post. detroit is more fucked up than you can imagine. and as someone who invests in real estate i would much rather go into the suburbs than detroit. they pretty much rape you on taxes. i own 3 houses in detroit right now, you can easily pay more than 10% of what you pay for the house in yearly property taxes. and with all these houses getting reposessed the neighborhoods are going to just get worse. once the house sits there vacant for a while people start stealing the copper any aluminum siding and anything else that has any sort of value. the house can be sitting there ready to collapse and the city wont tear it down because it costs like 5k to tear it down since we have basements. on the other hand if you go into the suburbs they have strict building codes and if you let your house deteriorate like that they will fine you and possibly take your house.
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I host with Vacares
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