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New Report: Taxing Land More Than Buildings Would Help Detroit Homeowners and Spur Development

Detroit residential area with the Downtown Detroit skyline in the background

The Associated Press featured a study, “Split-Rate Property Taxation in Detroit,” co-authored by Andrew Hanson, Associate Professor of Real Estate. The study was commissioned by Invest Detroit with support from The Kresge Foundation, and analyzes data from municipalities in Pennsylvania that have implemented split-rate taxes, as well as real estate and property tax data from Detroit.