live midtown

Economy
2:31 pm
Thu July 25, 2013

Despite Detroit's troubles, a number of programs bring recent graduates to the city

Detroit
Bob Jagendorf Flickr

There seem to be two types of stories emerging from Detroit these days: one bleak and one optimistic.

Both can be spun wildly out of proportion, but the two – seemingly contradictory – narratives paint the same city in a very different light.

Detroit’s bankruptcy has garnered attention from around the world – from the U.K. to India. The bankruptcy, the underperforming school system, the lack of public services, the high crime, the dysfunctional local governments: they all contribute to the bleak narrative.

At the same time, there have been a number of reports that have highlighted a more optimistic narrative in the city.

A recent boom in population and economic activity in Midtown and downtown has completely changed those areas of the city over the last several years.

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Economy
6:00 am
Tue September 6, 2011

Cash incentives have "absorbed" a lot of housing stock in midtown Detroit

Detroit skyline
user Bernt Rostad Flickr

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 "Live Midtown" incentives have created a new kind of housing crisis in the city: a housing shortage. 

Austin Black is a realtor with City Living Detroit 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.

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