Thursday, October 20, 2011

Less than Half

the speaker in class mentioned the vacancy of detroit. there is enough land mass and has an infrastructure large enough to hold two million people, yet it has seven hundred and fifty thousand people. until the demand of houses goes up, which means income and overall wealth would have to increase, the vacancy in detroit along with many other large metro areas will remain.

3 comments:

  1. Sounds like a vicious circle to me. It's difficult to increase income and wealth without a reasonable place to live, and much less likely to believe in a city (preferences) like Detroit when you're in that situation. Hopefully the revitalization of the auto and sports industries in Detroit will motivate people to invest in the city and its future. Creating opportunities and inspiration is key here.

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  2. Being from the Detroit area I see tons of vacant homes and lots almost every time I'm near the big city. Neighborhoods don't look that safe and houses look like they are about to fall over. Hopefully the economy in Michigan as a whole can start to pick up so we can fix Detroit into the city it was 20 to 30 years ago. With the economy hurting along with the housing in Detroit, crime rate has risen. With the revitalization of our states economy, this number should fall.

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  3. Back in the day there used to be incentive to live in Detroit. It had all the auto industry businesses and was thriving, beautiful city. Now there is no incentive at all to live in Detroit. The key is getting big business back to Detroit. Also, it would be interesting if they could break up the city of Detroit into two or three smaller cities, with new, seperate leadership in each one, and then use different programs like land banking to develop the city. It would be interesting to see if a plan like that is even possible and if it would work.

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