As many people have said, the vitality of both Birmingham and the Pointes are tied to the health of the region, and if the region continues to suffer, I would expect both areas to be negatively affected. However, I do think that a large portion of the Pointes is more distinctive than the Birmingham area--you could recreate something similar to Birmingham in Livingston County, especially with all the teardowns and [[IMO) tasteless renovations. Much more difficult to replicate the Pointes, although there are very distinctive parts of Bloomfield, and you aren't going to replicate Cranbrook. On the other hand, I have to think that because of their location, the Pointes have more at stake in the state of downtown Detroit.
But the biggest wildcard is what the tastes of the next generation or two are like. I see little evidence so far that the younger folks either can or want to put as large a portion of their resources into housing as their predecessors, and with fewer children schools are less of an issue.
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