Yea. Downtown has made a great comeback. But
by Johnnysalami (2024-04-22 21:06:55)

In reply to: Nice article on Detroit's real estate boom in the WSJ (link)  posted by Raoul

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Just about every neighborhood between downtown and the burbs is half vacant and looks like a demilitsrized zone. There massive swaths of land/neighborhoods (Detroit is 44 Sq miles) that will never "come back".

At its peak Detroit had over 2MM residents, now I think 700k. It'll never see a "Renaissance" outside of downtown and a handful of good remaining neighborhoods.

Ultimately I think Detroit's downfall (it was once the richest city in the US) was a product of globalization. That + racial issues.

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