Super High

Super High
Can anyone explain to me how a city like Detroit can have super high property taxes but the suburbs are less?

Not knocking Detroit (I grew up there). But, I always thought the safer the environment and more pricey the homes, the more the property taxes. Homes in Detroit are selling for pennies so how are the property taxes so high compared to neighboring suburbs with more expensive homes/better schools?

You’ve answered your question yourself. With the drubbing that the RE market has taken in Detroit, property tax rates have gone through the roof for the remaining properties as the city struggles to maintain services with a reduced base. The cost of protective services (Fire & Police) tends to rise as crime moves in to neighborhoods with large numbers of unoccupied homes. This compounds the problem for the city.

Rick Ross – Super High ft. Ne-Yo