Detroit seems like it appraises properties much higher than their actual value
*******************************
Not hard to do when buildings routinely go unsold for years listed at $1.
They could at least go after the banks that foreclosed on tens of thousands of Detroit properties and make them pay.
Easy to say, d@mn hard to do. The banks would fight appraisals tooth & nail and if they lost they would do the exact same thing those property owners did - walk away