The stories are more surreal than the city.
I’ve been there a few times in recent months. Its a mess but not nearly what FReepers want to believe. Some areas are really bad and others not bad at all. One of the worst areas is going to disappear to make room for the new bridge.
One crazy thing is that the man who owns the Ambassador bridge (Matty Maroun) is exporting decay to Windsor. He’s being sued right now for some $10 million over a couple hundred empty homes he owns in Windsor that are falling down due to a lack of upkeep.
If I had any interest in moving to the area it could be an astute opportunity to pick up a home for a cheap price. Back in the 1970s you could buy old brownstones in NYC for 10 or 15 thousand, and now they’re worth millions. Things always change. As bad as Detroit may now be it inevitable will turn around, and those willing and able to buy now just have to wait and likely will be well rewarded down the road. A lot of folks back in the depression got huge returns by buying farmland and other property on the cheap.