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

To: John Vosilla who wrote (304409)	2/21/2011 3:23:18 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

You see what Ted's getting at don't you?

To: John Vosilla who wrote (304409)	3/3/2011 3:50:53 PM
From: tejek	Respond to of 306849

Young eclectic types, low housing prices, revamped automotive industry and existing infrastructure in what was once one of our greatest cities is driving the transformation? I have to tell you.....I have been doing some reading on Detroit and I am blown away by some of the stuff I am learning. Yes, a lot of young artists as well as young professionals are moving into the city. The mayor has set up a deal to help the police buy houses cheaply. A Detroit org. has set up a goal to convince 15k young professionals to move into the city by 2013.....they are using all these carrots to get them to do it. There are so many different efforts I couldn't possibly list them all.......all relatively small.....but taken together they are signficant. It will be a slow process but I think we are starting to see the turning of Detroit....as well as some other Midwestern cities. It would seem the Chrysler ad was very timely.