As the city of Philadelphia continues to generate negative publicity in the media about its inability to collect upon delinquent taxpayers, it only seems to make sense that it will make a concerted effort to improve upon its tax collection efforts.
One of the areas where the city will probably increase a lot of its focus is in the realm of real estate. There are many properties in Philadelphia where the city has not collected real estate taxes in over a generation. With the real estate market slowly but surely improving, there are a whole slew of real estate investors hoping that the city subjects some of these properties through the tax foreclosure process.
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