[BlueStateRightist]

This article somehow doesn’t pass the sniff test.

[mrsmel]

Absolutely. “Affordable property”? Hahahaha.

[lacrew]

This is a common dream for urban planner types. They shout from the rooftops that ‘people are coming back to the city’....but its only after buildings are abandoned and rents are so low, that ‘young’ and ‘artsy’ and ‘hip’ people move in and make the city ‘vibrant’.

But its not a real recovery. The rents will stay low, and real estate values will stay static. And these ‘young people’ aren’t true consumers that drive an economy.

Somebody will renovate some building into ‘lofts’...some kid will open up a new art gallery, alot of people will carry coffee cups around and perfect their hipster look...

But the housing market, tax base, industrial base, rental market, and just about every metric you can think of is upside-down in Detroit, and will be for a long time.

[17th Miss Regt]

Detroit’s days as a manufacturing powerhouse – like those of many industrial cities in America, Europe and elsewhere – are irrevocable.

The pollyanna tone certainly makes it seem unbelievable. But editing like this does not help either. Irrevocable???

[Lancey Howard]