The Truth Behind Those $1 Detroit Homes
2:21
YouTubeBusiness Insider
The Truth Behind Those $1 Detroit Homes
Downtown Detroit is seeing a revitalization of sorts sparked by Dan Gilbert's $1 billion investment in the area. Since 2010, Gilbert's investment has created an estimated 6,500 jobs in downtown, and, as a result, it's nearly impossible to find a vacant apartment as residential occupancy rates reached as high as 99.4% for the downtown area. But ...
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