Rust Belt Cities Demolish Homes Amid Mortgage Defaults
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Rust Belt Cities Demolish Homes Amid Mortgage Defaults

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) (Bloomberg)

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