Blah blah blahThis story tells a mouthfull about Quicken Loans management.
I do love that they are investing in the D, but...
- Why are they buying a building now? Did they miscalculate the fact that they need about 80-100 sq ft per worker in an office.?
- Dan Gilbert is admitting that Detroit is not competitive with other cities in Michigan, with the 1.25-2% income tax, hence the income raise to lure worker bees to the hive.
- Is Quicken/Gilbert going to help the Livonia citizens out because of his decision to relocate?
- I applaud Gilbert's altruistic goals, but why would a company purchase real estate that is already available on the market for a company that has yet to appear on the scene wanting that real estate? Why not save the money and wait until a company needs the space then invest the funds to help them out.
- Another question I think everyone has is how many loans did Quicken Loans make in the City of Detroit in the last ten years, what type of loans were made, and how much profit did Quicken make off of the Detroit loans made.
Also what subsidies is Quicken/Gilbert receiving from the taxpayers to move to Detroit????????
Just a though that popped in my head
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