urban renewal

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Chicago Is Selling Vacant Lots for $1

But only to their neighbors

(Newser) - Even Detroit doesn't have city real estate cheaper than this. Chicago is now offering vacant lots for just a buck each, NPR reports. But before you start dreaming of your new life as a Windy City land speculator, you should know there's a catch: You have to... More »

Battered Detroit Plans to Raze 25% of City

Mayor sees shrinking city as way to close massive deficit

(Newser) - Battered Detroit wouldn’t have to struggle to pay for services in the vast areas of the city that are essentially abandoned if they didn’t exist—so it’s going to bulldoze them. Mayor Dave Bing did the calculus on a $300 million budget deficit and the 33,500... More »

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