[Originally published by ModelD. All photos depict homes that were occupied when they were acquired by Detroit Land Bank Authority but are now vacant.]
Detroit’s greatest paradox is its abundance of space and its scarcity of quality housing.
The massive stock of single family homes once sustained double the current population. Yet each year, more Detroit homeowners become renters, squatters or altogether homeless. The problem is complex but the solutions do not have to be: what is needed is an immediate, scalable solution that will create stability and an upward trajectory for people, property, and the city at large.
(originally published in a similar form by Occupy.com)
Last month, the ACLU filed suit against the Wayne County Treasurer (WCT) for foreclosing on owner-occupied homes. The lawsuit has been anticipated for years, and could dramatically affect the fate of thousands if it successful halts the auction sale of those properties, but, even so, it would only impact one tenth of the tax foreclosed properties headed for auction since most occupied homes in the auction are already vacant or are occupied by someone other than the owner. Most occupied homes in the auction are not owner-occupied, and most protections (including due process)
apply to owners, not renters. In some ways, the greater tragedy lies in the foreclosures that go unchallenged because the protections most occupied homes in the auction properties that exist apply to the owners so most of the injustices aren’t even considered illegal.
The Wayne County Tax Foreclosure auction is regarded nationwide as an opportunity to by Detroit homes on the cheap, but the people who have the most to gain (and the most to lose) in the auction– the current residents– often have the least access to take advantage of it.
Lack of information is a chronic problem throughout the foreclosure cycle, and affects renters far more than homeowners– the auction passes noiselessly over these homes, and their residents, with no lawsuit or cover story to capture deafening silence to the people inside. Continue reading “Silent Auction”
Post-bankruptcy Detroit is a place of undeniable opportunity, and people from all walks of life are eager to make the most of it. Massive tax foreclosures led to a record 24,000 properties being up for auction this fall, pitting residents against speculators for the chance to buy a home on the cheap. Everyone is trying to take advantage, but not everyone’s advantage corresponds with the best interests of the city.
So what is best for the city? It comes down to short versus long-term interests. Renters have shorter-term interests than their landlords and landlords have shorter-term interests that owner-occupants. One who depends on a home to raise their kids in has a different incentive to care for a property than one who sees it as a complement to their investment portfolio. For individuals, homeownership provides security in two major ways: First, by offering shelter, and second by offering stability. For speculators, property ownership provides a low-risk, low-effort form of passive income.
A study by the Journal of Urban Affairs bears this out, showing that in Detroit, the prevalence of rental properties is a strong indicator of neighborhood crime (even more so than blight). The type of benefit a property owner gains from owning a property has a direct correlation to how much the community benefits in response. Continue reading “Taking Advantage of Detroit”