The link below is to an opinion essay published in the morning paper. In its financial crisis, the city of Detroit stopped reassessing properties shortly after 2000. Property values
fell after 2008 but home owners will still charge property taxes as if their home at not last value. Apparently, people owing
upscale expensive homes in Detroit went through the cumbersome process to have their assessments cut but those owning modest structures seldom did so.
Shortly after taking office, Mayor Duggan had properties assessed anew. I believe many home owners saw their tax bills cut by 15 to 20%.
The author of this opinion essay is well known for her work on how overassessments generated foreclosures in Detroit.
Her new essay describes Detroit as one of several predatory cities and suggest that homes of modest value in Detroit may
still be assessed at unrealistically high values. Givesen the economic devastation caused by Covid19, this may lead to more foereclosures.

https://www.nytimes.com/2020/06/11/o...sultPosition=1