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That’s what Detroit has been doing since 1974. As a result, 17% of the city’s land area is now composed of vacant land where houses once stood. As a group of economists who study municipal finance of ...
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Amazon S3 on MSNDestroyed Detroit: Exploring the Beauty in DecayOnce a thriving industrial powerhouse, Detroit is now a city of contrast— where abandoned buildings and urban decay tell a story of resilience and reinvention. From crumbling factories to forgotten ...
Detroit’s population plummeted, in part due to the growth of the suburbs in the 1950s, race riots in 1967, the decline in auto manufacturing, and the 2008 financial crisis. Over the decades each ...
Knocking down abandoned buildings has a lot of benefits for Detroit − but it’s costly for cities
As a group of economists who study municipal finance of cities experiencing population decline, we took a deep look at the success of razing blighted properties in Detroit. Between 2014 and 2019 ...
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