In the 2013 city budget adopted this year is a line item of $250,000 to purchase and demolish severely deteriorated housing structures that have become a blight on their neighborhoods. This is not an intrinsically bad idea. It just has a few serious flaws.
This is a significant amount of money to simply throw at a symptom of a serious problem without ever addressing the underlying cause of the problem. Treating symptoms and pretending this will cure the disease is a common practice with governments, as well as doctors, businesses, and regular people. The problem is that we continue to be sick, go bankrupt, and remain dysfunctional.