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Episode 45: The Charitable Tax Deduction & Civic Engagement

Episode 45: The Charitable Tax Deduction & Civic Engagement
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Detroit s Lowest-Valued Homes Continue To Be Over-Assessed, Advocates Say

Image credit: Laura Herberg/WDET Economists back research that found one-third of Detroit’s residential properties are being assessed at more than 50% of the home’s value. Correction: This story has been updated from a previous version to say the study was authored by Christopher Berry. The economists’ analysis of Berry’s study has also been clarified. Housing analysts say Detroit is still overtaxing its lowest-valued homes and the assessment disparity has widened in recent years; since re-appraising all of its homes in 2017, Detroit’s lowest-valued homes are still being assessed at four times the rate as highest-valued homes.  Researchers with the Center for Municipal Finance at the University of Chicago Harris School of Public Policy say one-third of Detroit’s residential properties are being assessed at more than 50% of the home’s value, which is above Michigan’s legal threshold. The Duggan administration has challenged that

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