How is there a net gain? Are you saying that Quicken is adding jobs because they relocated from Livonia?
Wouldn't the new jobs be due to the recovery of the national housing market, lowest interest rates ever, and fantastic environment for refinancing?
Quicken Loans market share of national mortgage lending has risen dramatically the past couple of years.
When QL moved to Detroit, it had around 1500 employees in the metro area. They moved to Detroit. QL currently employs 7-8000 people downtown [[depending on whose estimate you use). How is that NOT a net gain in jobs?
|
Bookmarks