4 ms·
Emerging suggests positive change currently and into the future. The only positive I can see from the story is cheap real-estate? There's no indicator, in the
by gradstudent 12y ago
Emerging suggests positive change currently and into the future. The only positive I can see from the story is cheap real-estate?
There's no indicator, in the article at least, that anything is happening in Detroit to turn around job prospects since the car industry keeled over. So you wouldn't go there for work. Also, according to protonfish, Detroit has terrible infrastructure and sounds like a shitty place to live. So you wouldn't go there for the lifestyle.
All of which leaves me wondering: what's so great about Detroit that it should be considered an emerging market?
- personZ 12y agoAside from the Detroit car industry doing quite well, I have to comment on - "Also, according to protonfish, Detroit has terrible infrastructure and sounds like a shitty place to live." Just to contrast here, protonfish questions the motives of a billionaire who has moved thousands of his own employees, and made significant investments, in downtown Detroit. A man who, despite the financial capacity to live anywhere in the world, lives in Detroit. Invests in Detroit. Believes in Detroit. Isn't that an incredible contrast? On the one hand you have someone taking strong actions, and on the other you have someone posting a comment on a message board. And you believe the guy posting on a message board? I doubt protonfish knows anything about Detroit beyond some ruin porn they saw on a Reddit post.
- freehunter 12y agoHell, I bought my car because it was made in Detroit (I was born and raised in Michigan). 'Imported from Detroit' is a hell of a marketing message for Fiat/Chrysler to make.