Is the collapsing city of Detroit Mich, and also Flint Michigan the shape of things to come for Harlem NY? In early October, the city of Detroit received $15 million of Obama Stimulus cash, to help destitute homeowners pay their bills. Today, estimates are that the total amount of vacant land in Detroit would cover the city of Boston proper, and second only to post-Katrina New Orleans, nationally. Over 9,000 properties have been abandoned, up from 2,000 two years ago. At auction, only 1,800 of these properties sold, mostly to out of towners.
Having already been faced with this collapse, the (Michael Moore famed) city of Flint started a land bank in 2007, which allowed property owners to sell their land to a local church, for a mere dollar. The city now pays the churches to maintain the houses, or turns the empty land into parks.
New Dark Age, anyone? Harlem NY beware of what will happen to that new construction that now is hard to sell.
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