Originally Posted by
mwilbert
But I think the whole idea is kind of marginal. Detroit has no shortage of single family housing, and the metro area doesn't either. On the other hand, both have a shortage of dense housing, and I expect that is what we are going to see built. Some of it might be town houses and row houses such as seem to be happening in Brush Park, but I don't see much single-family detached housing being built anytime in the the near future. I do think you will see a lot of existing housing renovated, and obviously that will happen first in the areas where housing prices will support it. Which, as you say, are probably the areas with the nicest housing stock and the best safety.