The biggest question I hear from people that are looking at Detroit for their real estate investments is the question about the oversupply of vacant houses. This then leads to the explanation of the basic principals of supply and demand that we all learned in Economics class. You remember, don’t you? The lower the supply [...]

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I can’t help but think of Detroit as the Wild Wild West of the 21st century. Driving around Detroit always makes me feel like I’ve just discovered a new land where anything is possible. With over 80,000 acres of urban prairie and 40,000 houses that need to be demolished, Detroit is where American really has [...]

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