Detroit LVT: Will the city wind up owning 95% of previously blighted and vacant land? (2028)

Detroit is planning on an LVT project. It still has to pass a few legislative hurdles, but Mayor Duggan is pushing hard. You can read all about it here:

This market resolves N/A if the LVT project is not implemented by the expiration date.

This market is one of a series of markets based on the very confident predictions found in the Marginal Revolution comments section on the subject (mostly, but not always, about how it will fail). I'm turning each of these into a market. (Group link for all these markets)

Commenter derek:

The net result is the city will own all that land.

The possibilities of corruption become unlimited.

Two years after the project is implemented, this market resolves YES if the city of Detroit winds up owning 95% of the land that prior to the project was blighted and/or vacant.

Get Ṁ600 play money