Detroit gets a small mention:
http://www.citylab.com/housing/2015/...ly_link2_06081
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Detroit gets a small mention:
http://www.citylab.com/housing/2015/...ly_link2_06081
That article has positions that correlate tenuously at best.
But never fear along those lines we have...
http://thehill.com/regulation/244620...-neighborhoods
Whoa... There is a lot wrong with that.
Holy confounding variable, Batman.Quote:
On the other extreme, Detroit’s GDP fell dramatically from 1964 to2009, but its net contribution to aggregate output growth was actually positive. In the case ofDetroit, the decline in its nominal wage from 1964 to 2009 lowered the overall wage dispersion.
Edit: the quote is from the paper http://faculty.chicagobooth.edu/chan...rch/growth.pdf