Tearing Down Detroit: Demolishing Houses for the Economy

Detroit’s seen a staggering 140,000 foreclosures in the last decade. Tens of thousands of homes have been left abandoned, turning entire neighborhoods into an urban wasteland. The Obama administration has been pumping billions of dollars into the Motor City in an effort to revive it, and last week the president paid Detroit a visit to see if the federal funding has had any effect. VICE News reporter Simon Ostrovsky traveled to Detroit to find out how wrecking crews are actually improving conditions in parts of the battered city. Read "The Unraveling of Flint: How 'Vehicle City' Stalled Long Before the Water Crisis” - http://bit.ly/1OPfDn3 Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook:   / vicenews   Twitter:   / vicenews   Tumblr:   / vicenews   Instagram:   / vicenews   More videos from the VICE network: https://www.fb.com/vicevideos