From 2011 to 2015, the Wayne County treasurer foreclosed upon about 1 in 4 Detroit properties for nonpayment of property taxes. The Great Depression was the last time in American history that we experienced this record numbers of property tax foreclosures.
According to the Michigan Constitution, no property should be assessed at more than 50% of its market value. But, between 2009-2015, the City of Detroit assessed 55% to 85% of its properties in violation of its state constitution. Since property taxes were based on these ridiculous and illegally inflated numbers, it is no surprise that residents weren't able to pay. As a result, over 100,000 working families have lost their homes, and many Detroit neighborhoods have been devastated. African-Americans have been hit hardest of all.