Disagree. It's actually probably underpriced relative to other places that offer the same amenities [[walkability, safety, heart of city with three major sports and good orch/opera, near meds and eds, transit line going in nearby, and so on).

Only Ann Arbor can compete in our region from a scale perspective, but it's too isolated from most job centers. Similarly, Royal Oak and Birmingham are way out there.

Consequently, I think there's still substantial upside in that area, especially as Detroit's core - but certainly not all or even most of Detroit -- has become acceptable and, believe it or not, fashionable for out of state and suburban dollars.