Do the people who work in Hartford live in Hartford?
Does the study look at the income of residents or the income of workers?
I don’t think I would want to live in Detroit no matter how low the rent.
There used to be program that would let you buy a vacant house for $100 in the City of Detroit is you would agree by contract to bring it up to code within one year.
In 2023 the new program was the Detroit Land Bank Authority “Own It Now” and you can buy a vacant house for $1,000 and the people complain after a few months or so that they will lose the house if they are too far behind in property taxes or can’t really afford the extensive repairs.
The people of Detroit now owe a combined $7 million in delinquent property tax debt.
I hear there are some bargains in Gary, IN and Cairo, IL.
What a stupid study!
Rent per square foot is cheaper in places no one wants to live? That’s their findings?
Who’d have guessed? smh!
Many of those places have *affordable* costs of living because nobody wants to live there. They are not safe.