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Between Now and Mad Max
Posted By Jim the Realtor On July 1, 2009 @ 12:54 pm In Walkaways | 6 Comments
I could see this in Palmdale, or maybe Victorville…….but could it happen here?
An update on Flint, MI:
Then he looks at what’s left of the neighborhood – blocks lined with bruised homes and broken windows. Two streets over, someone has nailed a plywood sign to a tree: “No Prostitution Zone.” On three blocks of Jane, the city is targeting 14 homes for demolition, four of which have already been scarred by fires.
What was once Buick City is largely a cement prairie now, and General Motors, which once employed more than 80,000 in the city of its founding, has cut its Flint work force to about 6,000. Flint’s population, which peaked at 197,000, dwindled to 115,000 in 2007, and falling.
To stabilize the city, Kildee started the Genesee County Land Bank, which has taken title to 9,000 properties since 2002, tearing down 1,000 and selling or rehabbing others.
The foreclosure crisis has made the job even tougher, leaving the Land Bank with at least 1,000 more abandoned homes to demolish.
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