http://michiganradio.org en http://michiganradio.org/post/cash-incentives-have-absorbed-lot-housing-stock-midtown-detroit <p>Three Detroit businesses earlier this year began to offer up to $25,000 to encourage their employees to buy a place to live in Midtown Detroit. But the &quot;<a href="http://livemidtown.org/">Live Midtown</a>&quot; incentives have created a new kind of housing crisis in the city: a housing shortage.&nbsp;</p><p>Austin Black is a realtor with <a href="http://citylivingdetroit.com/">City Living Detroit</a> in midtown. He says in 2007 - 2008, the area was flush with unsold units. But he says now many of his clients have become frustrated looking for housing in the area.</p> Tue, 06 Sep 2011 10:00:00 +0000 Jennifer Guerra 4027 at http://michiganradio.org Cash incentives have "absorbed" a lot of housing stock in midtown Detroit