Land Use & Property Rights
What’s happening? Baltimore and Chicago both have a surplus of abandoned property that is in the city’s possession. Selling these properties has been a challenge.
Why is this important? Chicago has pieces of property for sale at $1 that they can’t get rid of during scavenger sales.
How will this be important? Chicago has mapped the abandoned properties by block with specifications so that potential buyers have easy access to the property stats. Other cities like Flint, Mohave been utilizing land banks for abandoned property. Cleveland, OH and Case Western Reserve Univeristy have also been working on cutting edge database of abandoned property to tackle the challenge.
Route Fifty | How Cities and Counties Are Dumping Abandoned Properties
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