http://www.detnews.com/article/20110...-for-tax-hikes
This is pretty disturbing, so I think it's worth talking about. Property values are plummeting in inner-ring suburbs. One in ten homes in Hazel Park is vacant. Communities are running out of money to pay for essential services like fire and police. They are trying to raise taxes, but this will probably lead to more people leaving. Everything except bare bones services will be cut.
What's going to happen if the inner-ring suburbs fall into the same vortex of decline that has gripped Detroit for 40 years? These communities will not get a bailout from the state and they won't be getting a reprieve in terms of new residents from Detroit as that well is dry. Clearly, the suburbs are not immune, Oakland County is not exempt, and seemingly, the doughnut can actually get bigger.
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