I agree with you. Why did you cut the rest of my quote that said in 2017 it might be viable?It's so out of control that not one major new construction building has been built absent subsidies in basically half a century.
Detroit has been averaging 100-200 units of new housing annually per U.S. Census. I don't know how many units are lost annually but I assume there's a net annual decline well into the thousands.
Detroit will have a healthy housing market when stuff gets built because it makes financial sense, not because a developer is angling to obtain local, state or federal monies.
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