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comment by user-inactivated
user-inactivated  ·  3849 days ago  ·  link  ·    ·  parent  ·  post: Filing for bankruptcy has allowed Detroit to get back on track

So I've heard. It was a bit surprising to me that the process for reclaiming abandoned residences was still in its early stages. That's quick capital for someone -- bank, municipality, whoever -- and a cheap place to live for someone else. And, yeah, obviously a lot of those places are really nice for the auction price you'll get. Urban Detroit's not a bad idea for a young family or a couple of empty nesters looking to downgrade.