Four years into this city’s housing crisis, it has often become cheaper for banks to give away a home and pay to demolish it than continue to hold on. And places across the country are watching.
Oct. 5, 2011 A house on Pontiac Street in the Cleveland area, about an hour before it was demolished. The task of plowing under the homes rests with the Cuyahoga County Land Revitalization Corp., which sprang from a 2009 state law aimed at creating so-called land banks to acquire unwanted properties and attempt to put them to better use. Michael S. Williamson/The Washington Post Buy Photo