I’m a huge fan of Motown music. I make regular visits to street fairs, vendors and cult record shops feeding the expensive habit of collecting LP’s. However, until this past year, I’d never made a trip to the Detroit itself. However, now that my soon to be wife is from that area, I’ve been there a lot and am quickly discovering hidden treasures and falling fast in love with the area.
That said, I was happy to read a recent article in TechCrunch indicating that a much-needed revival may be afoot. No it’s not from the automotive industry but from the start-up sector.
Everyone know the city has been hard. Real estate prices are about as low as they can get and unemployment was at 15.7% in July according to the Bureau of Labor Statistics. However, the city is rich with history, American pride, cool industrial buildings, empty factories and some of the best sliders known to man. Thank you Hunter House. All the makings of the next hipster scene…let’s hope not.
With the median house price at $6,000 at the very least it could keep overhead down and give Angel Investors (aka parents looking to get Gen-Y’s out of their basement) a quick solution.
theurbandictator 