Message from @ExceptionalFeather
Discord ID: 469373268286242816
the are incentivizing tearing all the houses down
yes
That does sound high for a house valued at 40k
To be fair, that's probably cheaper than fixing most of those houses.
woulldnt be worth buying and holding onto, here is one 10k listing 1400 tax
trying to smoke out the people that do live around there too it would seem
really the city is just trying to milk as much money as they can I'm sure
Detroit is a complicated story at the end of the day. Urban planners will be studying it for decades.
There's a number of other cities that could be following in it's footsteps in the not-too-distant future too (looking at you Chicago)
Well I think actually why property tax is so high in Detroit must be to pay the teachers
Because there sure as hell are not enough cops, lucky enough the teachers make plenty enough to live where the cops are though
I'll take your word on that. Detroit has a lot of obligations and the AFT has been wagging the dog for a long time.
I don't see how Chicago is supposed to follow
Lots of pension obligations. https://www.illinoispolicy.org/chicagos-63-billion-debt-burden/
Rapidly expanding suburbs (as far out as Indiana)
Lots of corruption.
Gary is scary
750 million over five years
real short of 29 billion
Yeah. There's a lot of places teetering on the brink of something really bad.
Gary itself wouldn't. It's if the tax base moves out.
I don't think enough would
Phoenix is getting crowded
Out of date. But I don't think things have changed.
https://www.illinoispolicy.org/chicago-area-sees-greatest-population-loss-of-any-major-u-s-city-in-2015/
Phoenix is exploding.
Californian retirees looking to save money.
Many companies
Also Phoenix has been where many of the Chicagoans have been gong for a while
My grandparents originally went there from LA looking for work
I could see it. Back when I lived in Texas, as Detroit was fraying apart (but not yet collapsed) we would compete to see how many Michigan plates we could count.
Decline is slow and prolonged. And then it hits a critical point, accelerates and implodes.
There aren't enough cities
Chicago could potentially hobble on for quite some time.
But it's in a dangerous position.
I know here in Indy will boom cause there is room but many cities already highly populated
there's always more room. There's always more cities.
On the extreme end you've got Seoul Levels of population density.
It's about conditions.
The rural exodus has caused a lot of recent city population climbs
Cities like Indy are trying to catch up