Tagged: Michigan

Transcript

SCOTT SIMON, BYLINE: The city of Detroit is approaching its own fiscal precipice. The city is deeply in debt and could run out of cash by the end of this month. That would mean more layoffs from a city workforce that's already been cut so much that a reported two-thirds of the city's streetlights do not work. The amount of empty, abandoned land in the city, which produces no tax revenue, is estimated to be as large as the entire city of Paris.

Tens of millions of Americans can't follow the government's guidelines for healthful eating because they can't afford or access enough fresh fruits and vegetables. Sometimes it's because they live in what's known as a "food desert," places devoid of markets with a good variety of quality fresh foods.

Buyers are coming back into the housing market after losing their homes during the financial crisis — returning to homeownership more quickly than lenders have typically allowed.

With millions of families with recent foreclosures on their records, some report that they are having luck buying a house — in some cases within three years.