Professor Berry in Detroit Evening News – Jan 21st 2021
The University of Chicago Center for Municipal Finance believes the city’s assessment process is weighted against homes under $28,000.
“Most low priced homes are still being assessed well in excess of their actual value,” said Chris Berry. “If you over assessed people at the bottom and under assessed people at the top — which is exactly what they are doing — you can be right on average despite being wildly wrong for different groups of people in different directions.”