Rust Belt Cities Demolish Homes Amid Mortgage Defaults

Loading player, please wait...
  • Info

  • Comments

Nov. 18 (Bloomberg) -- Cities across the Rust Belt, saddled with abandoned properties under their control as owners stop paying taxes, are choosing to tear down some buildings rather than sell them as residents move to the suburbs and steel, automotive and manufacturing jobs disappear. Bloomberg's Monica Bertran reports. (Source: Bloomberg)

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change