Investing in the rise of Detroit

Once upon a time Detroit was fuckin dope and people were rich and shit and everybody built mansions and life was great. Black people came, broke everything, the entire city is now worth a stick of gum and a shoelace yadda yadda history book bullshit.

For real though just look at the real estate around there. 300k can get you a legitimately dope fucking mansion. Built usually early 20th century, gorgeous mansions many over 5,000 sqft. I'm heavily considering moving there myself and buying a Detroit mansion and just hoping that fucker comes back.

I've seen rough neighborhoods become wealthy hipster hang outs all over Chicago. It could totally happen in Detroit. The prices of housing are simply to damn low. If this becomes a trend these houses could skyrocket in value. I think I've convinced myself.

Doesn't matter how cheap it is until it's safe. It won't be for decades.

Man, i would agree, but i think that the cnp (critical-nigger-percentage) has been triggered in Detroit. There will be no comeback in a long long time.

I live near detroit. The sports area of detroit is improving but the vast majority of the city is still a wasteland.

black people were always there. The problem is all the white people left. Scary to think about who builds the cars these days

Are auto-manufacturers rushing back to detroit? no? then it will remain a shit hole. The only reason it was booming was because there was industry there.

Dude, there's no industry there. There's Quicken (who are gonna be the next WaMu when the next housing bubble hits in 2017), and that's... about it.

I mean, yeah, technically they still have GM and FoMoCo, but that's like saying rich people call Montana home; it's only there for tax purposes, and it certainly isn't where they hold most of their corporate assets or means of production.

I mean, it's probably the cheapest metropolitan area with more than 3M people, but that's for a definite reason.

nice try nigger

>black people were always there
not true actually

The problem is that the jobs left and gangster rap culture came in.