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Greetings from Michigan
Join Date: Jan 2015
Location: Livingston County Michigan
Posts: 189
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I live in a suburb of Detroit. I am however downtown weekly. The downtown, mid town, and cork town areas are booming. Millie nails are moving back in droves and real estate for sale or lease lasts a day. There have been 50 new restaurants/bars open each year for the last three years. The appearance and energy is back in these areas and it will only get better. Real estate opportunities do exist but highly competitive with the local 4-5 local billionaires (Penske, illitch, karmanos, Dan Gilbert) buying all of it before arena projects announced.
However. The neighborhoods outside these small pockets are going to continue to fail. High taxes, failing schools, inadequate police force and response times and the sheer geographic size of the city provides no future. City is down to 500k in population which is 1/3 of its peak
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