I am Pro Detroit but not ready to invest there yet.
I posted this for discussion on the investment aspects of Detroit.
I am very pro Detroit, but not ready to invest there yet--too many problems.
I think it has a ways to go before I'd be comfortable investing there.
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So many fixers, so much space for strip malls, if this were Austin, these places would sell for a Mint of money.
So many duplexes, all brick....
So many apartment buildings--all brick...
Too bad it's so Dangerous there.
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Also I think it would be interesting to have a monopoly sized map of Detroit, and move all of the remaining (un-burned down) little houses and apartments into one area.
Put them on the Vacant lots and see how how really small Detroit is, if it were once again a city of homes side by side vs the acres and acres of burnt out lots with homes scattered in all directions. Condense the population so to speak into one proper town with new strip malls, and medical service areas---plus figure out what kind of work suits them and bring some of it there.
Might be easier to (weed out) the criminals if there were in one city of side by side homes, vs so spread out--and put a new BIG men's prison, women's prison and kids prison in that area too--and get rid of the crime.
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Here a a couple of video tours:
[1] Class D Business District Tour: https://www.youtube.com/watch?v=u2qdMxzJsXY
[2] Class D Residential District Tour (Lots of Fixers here): https://www.youtube.com/watch?v=u_rIv55jEq8
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Any comments, observations, experiences, etc...
