But it's a completely unsubstantiated claim.
The claim is that Metro Detroit property values lag because folks are paying a higher proportion of their salaries on auto-related expenses.
But there's no evidence that this is actually happening. Every U.S. Metro has an overwhelming proportion of households with at least one vehicle, and most U.S. households have at least two vehicles.
There's no evidence that vehicle ownership rates are higher in Metro Detroit, nor evidence that the relative costs of such ownership are higher locally than nationally.
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