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Updated about 6 years ago on . Most recent reply

Oloyede Ade Fatogun's profile image
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Oloyede Ade Fatogun
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  • from Hamilton, Ontario
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Oloyede Ade Fatogun
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  • from Hamilton, Ontario
  • Member since Jul 24, 2017
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Oloyede Ade Fatogun
  • Developer
  • Hamilton, Ontario
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Rehabbing & House Flipping

What demographic is buying and moving to Detroit?

Oloyede Ade Fatogun
  • Developer
  • Hamilton, Ontario
Posted

Does anyone have any data on the type of people moving to Detroit, what's the demographic, where are they coming from? 

What is fueling the market and who is buying houses there? 

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Bala A.
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Bala A.
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  • from Memphis
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Bala A.
  • Rental Property Investor
  • Memphis
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Bala A.
  • Rental Property Investor
  • Memphis
Replied

A lot young folks are moving in from the outer suburbs (where once their grandparents/parents lived) and buying houses to renovate and live in Detroit.

https://www.michigandaily.com/section/news/detroit-housing-market-sees-growth-attracts-young-people-city

https://www.citylab.com/design/2018/04/can-detroits-suburbs-survive-a-downtown-revival/558764/

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