This is an interesting article (and as usual, the comments are just as interesting). The most interesting part of this article is the last few paragraphs, where the author points out that the future of the neighborhood in question may not even matter for the homeowners. Those that make decisions in Detroit have begun to really look at urban development plans which include emptying out certain neighborhoods.

Read more: One-Fifth of Detroit’s Population Could Lose Their Homes

This year in Detroit, there have been 22,000 foreclosures on properties whose owners failed to pay property taxes three years in a row. Of those, 10,000 are estimated to be occupied, meaning this year’s foreclosures are set to oust about 27,000 Detroiters from their homes.

That’s a large number in a dwindling city with fewer than 700,000 residents, but the figures are set to get even worse. In the next couple of months, Wayne County’s treasurer will be serving foreclosure notices on 110,000 more properties, 85,000 of which are in Detroit, according to its chief deputy treasurer David Szymanski. With half of those Detroit properties estimated to be occupied, this means a further 115,000 Detroiters might lose their homes next year.

In a city supposedly trying to attract residents rather than lose them, this means a potential 142,000 Detroiters—one-fifth of the city’s population—will be shown the door within the next year and a half. The city has yet to announce plans for accommodating those who get evicted.

Detroit’s tax-delinquent residents, who together occupy more than half of the city’s properties according to local data firm Loveland Technologies, are frequently blamed for the city’s underfunded, poorly functioning public infrastructure and are considered part of the reason the city went bankrupt in the first place.

This article was written by: Rachel Baker – Click to Become a Patron or to follow on Twitter.

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In the U.K., Wind farms outstrip nuclear power

October 22, 2014 environment

Despite all the back and forth about whether wind is better than nuclear, this is pretty stunning that the wind farms in the U.K. were able to generate more power than its nuclear power stations. Read more: Wind farms outstrip nuclear power The UK’s wind farms generated more power than its nuclear power stations on […]

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Roll Call’s 50 Richest Members of Congress for 2014

October 22, 2014 news

Interesting data from Roll Call. This makes one wonder how these particular people can know what would be best for the middle and lower classes. For example, I’m not sure Rep. Issa has any clue what someone making less than $30K has to deal with on a daily basis. Anyway, enjoy browsing through this and […]

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The Grisly, All-American Appeal of Serial Killers

October 21, 2014 health

Since there’s a new serial killer in the news, the article below seemed apropos to share. We do have a fascination with serial killers and for most of us, we don’t know why. We feel a little creepy when we realize we’ve been hanging on to every word about the killer by journalists and law […]

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The Kelli Stapleton Story

October 20, 2014 health

Here’s an incredibly long, but well-worth it, read about the story of Kelli and Issy Stapleton. Issy has autism and Kelli is her mother, who tried to kill herself and her daughter because it was better than living through the abuse Issy was doling out (yup, I said Issy). More specifically, this is the story […]

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Democrats won’t lose because of black voters.

October 20, 2014 news

Below is a wonderfully informative article by Nia-Malika Henderson about how it isn’t really the black vote who will lose the mid-term elections for the Democrats. While reading this, I couldn’t help but think if a discussion doesn’t involve comment on gerrymandering, then there may be a bit of race-baiting going on. Wouldn’t you be […]

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Why the Democratic Party is placing big bets on Georgia

October 19, 2014 news

Here’s a look at why the DSCC is hedging their bets in Georgia rather than Kentucky (for now). Read more: Purple Georgia Alison Lundergan Grimes still insists she can beat Sen. Mitch McConnell and capture Kentucky for the Democratic Party. But she trails in almost every poll of the race, and has harmed her campaign […]

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How Millennials Are Changing Money Management Forever

October 19, 2014 money

Here’s a really good look at how millennials are changing money management with the use of technology, an emphasis on stewardship, and long-term appreciation. Read more: The Recession Generation: How Millennials Are Changing Money Management Forever Her point, of course, is that financial services are ripe for some youthful disruption. And the 30-year-old New Yorker […]

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How to Fix Congress Now

October 18, 2014 news

Here is a pretty awesome 22-point plan to fix Congress, put together by the Esquire Commission. The Esquire Commission is a group of six men who are or have been heavy-hitters in the political arena at some point in their lives. This is probably one of the most interesting things I’ve read in months, to […]

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