Sunday, March 16, 2014

Barron's: Detroit Will Rise Again

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I can't link to the article because it is subscription content, but the cover image is good news.  Stories like this will be replacing ruin porn as the Detroit storyline in the national media.

I agree with the overall sentiment of the cover, although turning around Detroit is like turning the proverbial battleship. Downtown and Midtown are definitely improved, but there are neighborhoods that need police, fire, and lights. Get those up to par, and improve the bus service, and you have the potential for a lot of growth in the city. People vote with their feet, and Detroit has been losing population for a long time. Get some people moving back in and then a turnaround could be real and lasting. I'm not only rooting for the city, but have put some money where my mouth is.