Posted inThe Dig

Low property values, high renovation costs create cycle of closed doors for small-scale rehabbers living in Detroit

A little more than 25% of housing units in Detroit are vacant—a staggering 92,000 units. For longtime Detroiters bearing witness to this in real time, a number of this magnitude carries complex weight. Few would fault residents for feeling compounded emotions after years of population decline, overtaxation, and foreclosure followed by land bank auctions, property […]