Home
DMCA
Privacy
Contact

Hot Videos

People Are Making Big Money Kicking Detroit Residents Out Of Their Homes (HBO)

Play Video



Statistics

Title :  People Are Making Big Money Kicking Detroit Residents Out Of Their Homes (HBO)
Duration :   10.56
Upload by :  VICE News
Published :   7 Des 2017
Viewer :   1.228.720
Like :   10,327
Dislike :   1,146

LINK DOWNLOAD



Description


In the last 15 years, one in three Detroit properties have been foreclosed on. When most people think of foreclosure, they think of people who can’t afford to pay off their mortgages.

But in Detroit, it’s often the result of people struggling to pay their property taxes. One big reason is that, in the years after the Great Recession, the city went bankrupt and failed to lower property assessments far enough to account for the impact of the housing crisis. While the value of residents’ homes fell, their taxes remained inordinately high, and tens of thousands of people fell so far behind on their inflated tax bills that the county seized their homes and sold them off at annual auctions.

In recent years, the city and county have lowered assessments and offered reduced interest rates to some homeowners. But they have no plans to stop punishing those who were overcharged in the past.

VICE News followed this year’s tax foreclosure auction and investigated how the county financially benefits from the process. As Detroit touts its comeback and celebrates its success in climbing out of the largest municipal bankruptcy in American history, many of the city’s residents remain on the brink of displacement.

This segment originally aired December 7, 2017, on VICE News Tonight on HBO.

Subscribe to VICE News here: http://bit.ly/Subscribe-to-...

Check out VICE News for more: http://vicenews.com

Follow VICE News here:
Facebook: https://www.facebook.com/vi...
Twitter: https://twitter.com/vicenews
Tumblr: http://vicenews.tumblr.com/
Instagram: http://instagram.com/vicenews
More videos from the VICE network: https://www.fb.com/vicevideo

Related Videos

What Happens When Cities Make Homelessness a Crime: Hiding The Homeless What Happens When Cities Make Homelessness a Crime: Hiding The Homeless
by : VICE News
Download | View
Squatters Are Taking Over Las Vegas’ Abandoned Houses (HBO) Squatters Are Taking Over Las Vegas’ Abandoned Houses (HBO)
by : VICE News
Download | View
Oil change scams: Hidden camera investigation on what really happens to your car (CBC Marketplace) Oil change scams: Hidden camera investigation on what really happens to your car (CBC Marketplace)
by : CBC News
Download | View
Basketball to Drug Trafficking: The Story of Pee Wee Kirkland Basketball to Drug Trafficking: The Story of Pee Wee Kirkland
by : VICE Sports
Download | View
How a back injury turned a doting father into a fentanyl kingpin How a back injury turned a doting father into a fentanyl kingpin
by : Washington Post
Download | View
Permanently Temporary: The Truth About Temp Labor (Full Length) Permanently Temporary: The Truth About Temp Labor (Full Length)
by : VICE News
Download | View
Airbnb Home Rental Nightmares Airbnb Home Rental Nightmares
by : ABC News
Download | View
Schoolgirls for Sale in Japan Schoolgirls for Sale in Japan
by : VICE News
Download | View
🇺🇸 Heroin's Children: Inside the US opioid crisis | Fault Lines 🇺🇸 Heroin's Children: Inside the US opioid crisis | Fault Lines
by : Al Jazeera English
Download | View
Lawn care scam: Weed Man's angry customers (CBC Marketplace) Lawn care scam: Weed Man's angry customers (CBC Marketplace)
by : CBC News
Download | View
'I came down here to be forgotten': life in the tunnels beneath Las Vegas 'I came down here to be forgotten': life in the tunnels beneath Las Vegas
by : The Guardian
Download | View
North Korea - All the dictator's men | DW Documentary North Korea - All the dictator's men | DW Documentary
by : DW Documentary
Download | View

Last Search

Wet Wet | Mb Tune Audio Mohabbaten Gitar Tons | Genesisy | Turu Ng Pawon | Offset Red Room | Ziju Sali Affairs | Krotoa Full Movie | Y K D Dancer | A Slap On Titans Episode 16 | Ayo And Tb | BRIGADIER MALI | Animated Cartoon Download Free | Dancing | A Slap On Titans Episode 15 | Somi Tube | Luis Fonsi | FF Mahavatse | Mix Gasy | Brande New Feye | Pokemon Detective Pikachu | Mlp Fim Frenemies | Songs | Serie Black Us Ma Femme Ses Enfants Et Moi | سکس اور منی | Undertaker Kurt Angle | Diamond | Baber Azam In Amir Liaqat Show | Hong Shenqing Ge | Edward Maya | Inna | Best Animated Cartoon Movies | Joe If I Was Your Man | اجمل اصوات نساء تطاوين | Kozmix | Learn English Listening Skills How To Understand Native English Speakers When They Talk Quickly | Manzoor Kirlo | Mp3 | Ben Man 2019 Songs Latest | Ek Me Hi Nhi Un Per | Nur 2 | Dil Karshita Songs | Flat Iron Feather Curls | A Slap On Titans Episode 14 | Nathaniel Bassey | 2018 Christmas Day Pinoy Movie | Samsung M 10 Unboxing | Ianareo | Wema Sepetu | Reveluxon Mp3 | Mp3 | Aoka Tsy Olona Hanao Tsinotsinona Noho Ny Fahatanoranao | Feather Curls | Hot Short Films | Mt Yudathadei | 戀愛的路多麽甜 | A Slap On Titans Episode 13 | Psquare Special | 迷你迷你 | Allu Arjun Malayalam Status | A Slap On Titans Episode 12 | Sidiki Diabate | Film Yaran Part | Whitney Houston | Dadju | Joke Bruis Interview | IBA MONTANA KORO LA DIVA | Trailers 2019 | Dilwale Movie | Nathaniel Bassey | Diamond | Reveluxon | The Royal Ocean Film Society | Priyanka Chopra Sexy Butt | Reveluxon | Chansons De Mortel Kombat | Lyss And Ce | Ph Magicsing Karaoke Kahit Ayaw Mo Na | Nathaniel Basy | Gusagusale Mp4 | Geeta Barsa K Kiss | Xxl Freshman 2018 | Main Lajj Palan Dy Whatsaap | Prianka Chopra Aankh Mate | Winter Soldier Full Movie | Michaek Jakson On The Line Mp3 | Lucas And Marcus | Rango Exte | Winter Soldier | Kahit Ayaw Mo Na Karaoke | Dj গান | Sex On Fire Kings Of Leon Lyrics | Nathanael Basy | Khalid | Collins Lab Led Matrix | How To Drive A Vehicle | No Entiendo Ana Gabriel | Ricardo Milos | Jino Roaz Dawan Wich Migia | Shimoteo | Popular YouTube And Vine Sound Effects

Hot Videos