"If you walked up to him on the street, you wouldn't know that he was a land baron. He's a guy in blue jeans walking around looking like he's working on somebody's building."
- Detroit city attorney Avery Williams talking about Detroit land speculator Michael Kelly.
Christine MacDonald of the Detroit News has a story on how land speculators make money in the city of Detroit.
MacDonald profiles one of the more prolific speculators, Michael Kelly.
The business model for a successful land speculator in Detroit is simple - buy a lot of land for a little money, then sit on the property until it sells for more than you paid for it.