The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (60205)	8/18/2006 2:03:18 PM
From: Think4Yourself	Read Replies (1) of 306849

The core downtown Detroit IS coming back slowly. The city is investing heavily on the riverfront, which they should have done decades ago!! A lot of the abandoned warehouses along the north riverfront, and the riverfront cement plant next to downtown, were torn down in the last 18 months. GM has also made some very impressive architectural improvements to the lower floors of the Rennaissance Center. A riverwalk is slowly being built. When done it should go from near the Ambassador Bridge to Belle Isle, if not further. Go one mile in any direction from the Ren Cen and it's a bleak picture. Funny thing is that I read a few days ago about how the population of Detroit is trying to flee to the suburbs. Apparently they don't like what the corrupt politicians they elected have done to the city. Archer was the only honest mayor the city has seen in 40 years and they quickly got rid of him. My wife's mom works with Archer. The guy is an ethical workaholic. Working with a bunch of corrupt losers as mayor wasn't easy for him.

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