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Speculative Detroit Home Buyers Bringing Down Values

by freep.com posted 9months ago 33 views
Property speculation brings dysfunction to Detroit's housing market, exacerbating blight and instability in the neighborhoods. : Property speculation brings dysfunction to Detroit's housing market, exacerbating blight and instability in the neighborhoods. The gray, ranch-style bungalow was visible from the 59-year-old’s bedroom window. She saw it every day. But it had been years since she glimpsed at it as it once was: well-kept and thoughtfully trimmed. A home. “Eli took care of it. Inside and out,” Anderson said as she looked at the Google Street View image from 2013, back when Eli Brown, her sister’s ex, lived in the northwest Detroit house.

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