How are they killing current property owners? I can see how their policies would make it harder for potential real estate investors to enter the market, but considering the current economic climate that is not a bad thing right now.Ann Arbor is just killing the property owners that actually pay taxes because their largest property owner is exempt from paying property taxes.
It's a tough place to do business and because of its size, I wouldn't compare it to Detroit by any stretch of the imagination.
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