Sunday, March 29, 2015

Editorial: Lose deadbeats' dead weight

An Inquirer editorial Tuesday takes a look at a new study by The Inquirer and PlanPhilly that finds a correlation among tax-delinquent properties, abandonment, and depressed values

Editorial: Lose deadbeats' dead weight

Councilwoman Maria Quinones Sanchez stands in front of one f the many blighted, tax-delinquent properties in her North Philadelphia district.
Councilwoman Maria Quinones Sanchez stands in front of one f the many blighted, tax-delinquent properties in her North Philadelphia district. DAVID SWANSON / Staff Photographer

An Inquirer editorial Tuesday takes a look at a new study by The Inquirer and PlanPhilly that finds a correlation among tax-delinquent properties, abandonment, and depressed values. The study estimates that tax-delinquent properties cost their neighbors an average of 22.8 percent of property value.

Here’s the bottom line for the Editorial Board:

Philadelphia can't afford to carry the dead weight on its broken back of property owners whose tax-delinquent holdings rob the city of millions in tax dollars that could be used to improve city services and help the drowning School District.

Read more Inquirer commentary here.

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