Wednesday, August 24, 2005
'Ghost Houses'
Message to Detroit: the UK is giving a new tool to cities that have huge numbers of vacant buildings. Now governments can use 'empty dwelling management orders' to fill them up. Essentially, after a building has been empty for six months, the city automatically becomes the property manager and moves tenants in. It's an interesting attempt to make an end run around the red tape and legal wrangling involved in foreclosure or compulsory purchase.
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