Half of Detroit Properties Have Not Paid Taxes; Update on Detroit Bankruptcy

Half of Detroit Properties Have Not Paid Taxes; Update on Detroit Bankruptcy

by noreply@blogger.com (Mike Mish Shedlock)

The hollowing out of Detroit is nearly complete. All that's left is a bankrupt shell of a city with no services and scattered citizens that do not pay taxes.

The Detroit News reports Half of Detroit Property Owners Don't Pay Taxeshttp://globaleconomicanalysis.blogspot.com/2013/02/half-of-detroit-properties-have-not.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29