Detroit is about to kill its own market

[Paul S.]

Just got off the phone with my attorney hoping to get some news about the backlog of evictions - we discussed a proposal a judge is putting forth to require proof of rental compliance before being eligible to file ANY lawsuit (7day, notice to quit ect)  

Less than 10% of rentals are in compliance in the city. If this passes the real estate market in Detroit will drop by 50-75% in value.