“Speculation is often correlated with historical processes like racial disinvestment and segregation,” Seymour said. “Detroit is such a highly segregated, racialized place, which is one reason why there’s so much of it.”
Topic
Detroit
New Paper on Foreclosure Crisis by Prof. Eric Seymour
A new paper by Eric Seymour and Josh Akers investigates outcomes associated with properties sold using land contracts signed between 2008 and 2015 in Detroit, leveraging real estate transaction, tax foreclosure, and eviction and land contract forfeiture records