It's just old school working capital management that most businesses have been using for 100+ years.

We moved into a nice house in Florida when I was a sophomore in high school.

Without replacement jobs, city incomes decline, forcing cities to cut back on services like schools and police.

If your numbers are not working...go up;  Meaning, better properties w/higher ARVS in good neighborhoods/schools. 

It was built in the 2010s and located in an established neighborhood with convenient access to schools, amenities, and major transportation routes.

And while crime isn't out of control in either suburb, it is higher than the national average and the schools are medicore at best.

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

I agree.. just look at any large mid west or rust belt metro.. there is a ton of houses avaliable the question though will folks buy in certain neighborhoods where inventory is readily avaliable you can buy existing in many of these markets for far less than new builds.. so to me its really a neighborhood issue  a school issue a crime issue etc etc..

It was built in the 2010s and located in an established neighborhood with convenient access to schools, amenities, and major transportation routes.

Some background on me - I went to college with a degree I thought I was gonna use, thought I wanted to apply to PT school, but soon after I graduated I had a massive change of heart and decided that I no longer wanted to pursue that route anymore because I felt my future was so much brighter than to be stuck working day and night in that kind of profession.