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I wonder what the property taxes, per year, will be on the 6000 parcels. And, since many cities allow you to challenge the stated value, it could be very expensive, in time, to challenge 6000 parcel values.
Each home = $500. There is more than $500 of materials in each home. Aveerage home has 200-300lbs worth of copper. Each home gets destroyed. I am calling it right now.
This assumes that each home has not already been stripped of copper, which is not the case. Most of these homes are bricks and wood.
Each home = $500. There is more than $500 of materials in each home. Aveerage home has 200-300lbs worth of copper. Each home gets destroyed. I am calling it right now.
This assumes that each home has not already been stripped of copper, which is not the case. Most of these homes are bricks and wood.
EDIT: Some links. Copper theft is a big deal in Detroit.
City of Detroit borrowing a page from scrappers and thieves by selling old copper wire to boost Detroit's finances.
http://www.detroitnews.com/story/news/local/wayne-county/201...
Thieves stole copper from functioning pumping stations, leading to massive flooding in Detroit recently
http://detroit.cbslocal.com/2014/08/13/copper-theft-a-possib...
Copper thieves caught in a sting on camera
http://www.wxyz.com/news/local-news/investigations/copper-th...
Earlier quoted context omitted.
This assumes that each home has not already been stripped of copper, which is not the case. Most of these homes are bricks and wood.
Which you can also resell. You could even scrap the ovens for money and water heaters. There is far more motivation to wreck it than upkeep it. All those houses are goin doooown.
The purchase of homes in Detroit is NOT to sell or repurpose ANYTHING.
I work downtown, and drive through these neighborhoods every single day to avoid traffic (thanks Google!).
Earlier quoted context omitted.
This assumes that each home has not already been stripped of copper, which is not the case. Most of these homes are bricks and wood.
I grew up in Michigan, and I can say with a good amount of certainty: any house in Detroit that is unoccupied does not have a single thing of value left in it, especially copper. Even some places that are occupied have had their copper stripped from them, sometimes live wires that results in the death of the thief. EDIT: Some links. Copper theft is a big deal in Detroit. City of Detroit borrowing a page from scrapper…
I wonder what the property taxes, per year, will be on the 6000 parcels. And, since many cities allow you to challenge the stated value, it could be very expensive, in time, to challenge 6000 parcel values.
Property taxes in Detroit are surprisingly expensive.
[1]: http://www.businessinsider.com/detroit-foreclosures-may-evic...
Earlier quoted context omitted.
Which you can also resell. You could even scrap the ovens for money and water heaters. There is far more motivation to wreck it than upkeep it. All those houses are goin doooown.
I don't think you understand. There is NOTHING in these houses. Its old, rotten wood, and crumbling brick. The purchase of homes in Detroit is NOT to sell or repurpose ANYTHING. I work downtown, and drive through these neighborhoods every single day to avoid traffic (thanks Google!).
I wonder what the property taxes, per year, will be on the 6000 parcels. And, since many cities allow you to challenge the stated value, it could be very expensive, in time, to challenge 6000 parcel values.