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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (24080)	9/23/2004 3:11:04 PM
From: Don Green	Read Replies (1) \| Respond to of 306849

TH I agree with your thoughts, but with Detroit being like an onion ring with a small core area downtown built up and miles and miles of depreciating or worthless housing assets all the way to the city limits. It seems at some point if some big time developers went in and bought a few blocks of choice park front homes for 10 cents on the dollar and built some new homes it could have a trickle effect?? Rezoning of home lots to allow 5-6 homes per block vs 10-20 presently. At some point I can see some return to the city vs living in the subs? Many areas have done it why not Detroit.