Michigan’s housing stock is thinning, according to the U.S. Census Bureau, which pegged the state as one of only two with fewer housing units in 2012 than in 2010. Neighboring Illinois is the other. But the state of housing is far from equal across Michigan. In fact, there are growing hot spots for housing – […]
housing
Posted inMichigan Government
Detroit, allies caught on blight treadmill
The numbers are inescapable: Estimates of just how many blighted buildings still stand in Detroit– most of them houses past rehabilitation, nests of crime and the most visible signs of the city’s distress – range from 30,000 to as many as 70,000. It costs about $10,000, on average, to take down one of them. Which […]
Posted inLand O Links
Land O Links
“The old believe everything; the middle aged suspect everything, the young know everything” — Oscar Wilde. * It’s March Madness, so everyone’s trying to figure out how to use the temporary obsession with brackets to convey interesting or amusing information. WARNING: At this point, Michigan State University alumni and fans should stop reading. At the […]
Posted inBusiness Watch
Economic shockwave flattens construction industry
Bloomfield Park, an abandoned mixed-use real estate project in Oakland County, stands as an eerie symbol of the construction industry’s collapse in Michigan over the past decade. Looking like the bleak setting of a “Mad Max” movie, the planned $2 billion development on Telegraph Road just north of Square Lake Road was to have featured […]
Posted inLand O Links
Land O Links
“It is no good to try to stop knowledge from going forward. Ignorance is never better than knowledge” — atomic physicist Enrico Fermi. * Our friend Kurt Metzger takes the positive approach to home values in Detroit — there are bargains aplenty for buyers: http://detroitdataguru.wordpress.com/2011/08/04/metro-detroit-real-estate-great-deals-in-a-great-area/ * Another survey in Michigan, this of the general public, […]