A Closer Look at Detroit's Debt Crisis

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  • Detroit
  • Kevin Orr, Detroit
  • Detroit
  • Detroit
  • Detroit
  • Detroit
  • Detroit
  • Detroit
  • Detroit
  • Detroit
  • Kevyn Orr
  • Detroit

Housing Crisis

Detroit's revenue fell as its population declined and home values dropped. Once among the top 10 American cities by population, it has lost more than a quarter of its residents since 2000, to about 701,000 last year. That's fewer than half its post-war peak of 1.8 million in 1950.

(Photo by Scott Olson/Getty Images)