“In the last 15 years, one in three Detroit properties have been foreclosed on. While the value of residents’ homes fell their taxes remained inordinately high, and tens of thousands of people fell so far behind on their inflated tax bills that the county seized their homes and sold them off at annual auctions. VICE News followed this year’s tax foreclosure auction and investigated how the county financially benefits from the process.”
This segment originally aired December 7, 2017, on VICE News Tonight on HBO.
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