Downtown Rent Nears Magic $2 Per Square Foot Number

[jt1]

http://www.detroitnews.com/article/2...er-square-foot

Interesting graphic that shows Grand Rapids is only $1.48/sq ft. Some people on here praise grand rapids like it is booming and is the greatest thing in the world.

[DetroitPlanner]

Interesting graphic that shows Grand Rapids is only $1.48/sq ft. Some people on here praise grand rapids like it is booming and is the greatest thing in the world.

Grand Rapids is much better at self promotion than Detroit. Large old cities in Michigan in general have very serious problems due to paying for infrastructure and being built for much more people than they currently serve [[there are exceptions of course). You will find their downtown to have much fewer services and retail than Detroit.

[animatedmartian]

Interesting graphic that shows Grand Rapids is only $1.48/sq ft. Some people on here praise grand rapids like it is booming and is the greatest thing in the world.

Basic supply and demand. It can go up simply because there's high demand and low inventory.

There's been thousands of business workers/yuppies moving to Downtown Detroit from the suburbs in the last several years, but there's been hardly any housing for them to move into. Rents go up.

Grand Rapids is booming [[4% y-o-y employment growth from 2013 to 2014), but housing is still pretty abundant. Rents are lower.

[e.p.3]

Interesting graphic that shows Grand Rapids is only $1.48/sq ft. Some people on here praise grand rapids like it is booming and is the greatest thing in the world.

Truth be told, Grand Rapids is booming and doesn't have one mortgage kingpin manipulating inventory or the local press in his back pocket spreading phony hype.

[DetroiterOnTheWestCoast]

Truth be told, Grand Rapids is booming and doesn't have one mortgage kingpin manipulating inventory or the local press in his back pocket spreading phony hype.

But Grand Rapids has pyramid scammer billionaires with the local press in their back pockets.

[Cliffy]

Truth be told, Grand Rapids is booming and doesn't have one mortgage kingpin manipulating inventory or the local press in his back pocket spreading phony hype.

Yeah but Grand Rapids has those right wing wackos.

[FlyOnTheWall]

Truth be told, Grand Rapids is booming and doesn't have one mortgage kingpin manipulating inventory or the local press in his back pocket spreading phony hype.

Yeah but Grand Rapids has those right wing wackos.

Hmmm...
Right wing wackos in Grand Rapids are doing well...
The fine upstanding liberals of Detroit are not doing well.....

Should I read something into this information? Naw, nothing to see here, I'll just move along now.

[DetroiterOnTheWestCoast]

Hmmm...
Right wing wackos in Grand Rapids are doing well...
The fine upstanding liberals of Detroit are not doing well.....

Should I read something into this information? Naw, nothing to see here, I'll just move along now.

The Koch brothers are doing well too. Often scum floats to the top.

[FlyOnTheWall]

Often scum floats to the top.

When you are correct, you are correct. U.S. Rep. John Conyers proves your point.