Real-Estate

Wednesday, November 28, 2007

More homeless in Detroit ?
by Eva Matova

Even after decades of years the US government has not managed to find a suitable solution to Detroit's housing problems. The report compiled for the U.S. Conference of Mayor released this Tuesday has shown that the problem of housing in the city may get even worse as the negative effects caused by the unwanted situation in the city will probably lead to foreclosures. The report also stated that the negative effect of housing problem may result to a decline of the US gross domestic product and also in property values in the city. According to The Detroit News "in 1992 the housing commission in Detroit was rated the worst in the nation" and it has not improve a lot since then. The number of homeless in Detroit circulates between 5000 and 13000 inhabitants and unfortunately the situation is not going to change soon. In spite of many nonprofit organizations providing housing for homeless in the city, there is a thread that the actual number of people living on the street will rise. Hopefully, the recommendations which are going to be presented at a Conference of Mayors in January 2008 will lead to finding an acceptable way of solving the problem in Detroit.
by Eva Matova
for PocketNews (http://pocketnews.tv)

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