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Whites moving to Detroit, city that epitomized white flight

Whites moving to Detroit, city that epitomized white flight
DETROIT — Whites are moving back to the American city that came to epitomize white flight, even as blacks continue to leave for the suburbs and the city’s overall population shrinks. Detroit is the latest major city to see an influx of whites who may not find the suburbs as alluring as their parents and grandparents did in the last half of the 20th century. Unlike New York, San Francisco and many other cities that have seen the demographic shift, though, it is cheap housing and incentive programs that are partly fueling the regrowth of the Motor City’s white population. “For any individual who wants to build a company or contribute to the city, Detroit is the perfect place to be,” said Bruce Katz, co-director of the Global Cities Initiative at the Washington-based Brookings Institution. “You can come to Detroit and you can really make a difference.” “A young person can move here with $10,000 and start up a small flex space for artists or artists’ studios,” Seger said. Elizabeth St. St.

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metro detroit housing prices The median sales price of homes and condominiums in Metro Detroit hit an eight-year high of $165,000 in May, while total sales of residential properties jumped by 8 percent compared with a year ago, according to data by Farmington Hills-based Realcomp II Ltd. The sales figures continue to show the new normal in the Metro Detroit housing market: prices steadily climbing as inventory remains far below pre-recession levels. The result is that home buyers often find themselves in bidding wars over properties, said Patrick Carolan, a realtor for Coldwell Banker Weir Manuel in Birmingham. “It is competitive, lots of overbids, lots of multiple offer situations,” Carolan said. Like many realtors, Carolan said it’s too hard to predict more inventory will come online.

Detroit home values finally on the rise Home values in Detroit neighborhoods are finally experiencing some upward momentum after years of rock-bottom prices. Still among the cheapest places in the nation to buy a house, Detroit neighborhoods are seeing prices inch up on most residential blocks with substantial gains in the strongest areas. A Free Press analysis of land records shows the median sale price of any home in the city was $30,000 last month, more than four times the $7,000 median in 2009, an especially dark year for the economy and real estate. To be sure, there are still plenty of houses in Detroit selling for $1,000 or less because of their poor physical condition and the still-deteriorating neighborhoods.

Marilyn Salenger: ‘White flight’ and Detroit’s decline By Marilyn Salenger By Marilyn Salenger July 21, 2013 Marilyn Salenger is president of Strategic Communications Services and a former correspondent and news anchor for several CBS stations. An almost palpable sadness has swept across the country at the news that the city of Detroit has filed for bankruptcy. While the possibility of this had been discussed, the reality of what was once the fourth-largest city in the United States sinking to such depths is disheartening, a moment people will remember for years to come. To understand that the decline and bankruptcy represent so much more than dollars and cents requires a step back to a time that many would prefer to forget but remains unforgettable. In the late 1960s,racial tensions engulfed parts of our country, at the cost of lost lives and abject destruction.

Detroit is a shocking example of "white flight." News Team “We moved away because of the crime.” “We moved away because of the noise.” Detroit Taxes Are High, But City Spending Is Higher, Study Finds April 1 (Reuters) - Detroit residents pay the highest local taxes on a per capita basis compared to other Michigan municipalities, while the city collects the biggest chunk of state shared revenue, according to an analysis released on Monday. The report by the Citizens Research Council of Michigan, a public policy group, comes just days after a state-appointed emergency manager stepped in to try and resolve Detroit’s fiscal problems. The council found that Detroit’s tax rates — including property, income and other local taxes — are high versus other Michigan cities. Its residents also bear a bigger tax burden as a percentage of income than those in other large U.S. cities even as the city struggles to stay fiscally afloat. “They get a lot of money on a per capita basis.

"Devil's Night" Fires Doused In Detroit The city that used to burn on the night before Halloween as mischief-makers torched abandoned buildings has largely doused its Devil's Night by mobilizing tens of thousands of citizens and law-enforcement personnel each year to patrol city neighborhoods. "It's unfortunate of course that we have to do this, but this is the hand we're dealt," said Luther Keith, executive director of ARISE Detroit!, a coalition of community groups hoping to keep Detroit safe from fires and vandalism around Halloween. At its peak in 1984, 810 fires were reported in Detroit from Oct. 29 to 31, fueled by, among other things, Devil's Night's growing notoriety and the city's large number of abandoned buildings. But the number of blazes has dropped - 147 fires were reported last year for the three days ending Oct. 31, up from the 113 reported in 2006 and 121 in 2005. "It's a testament to Detroiters that we understand that we have to be proactive," Keith said.

Foreclosures fuel Detroit blight, cost city millions Detroit — Subprime lending and bargain-basement sales of foreclosed homes by banks and other mortgage lenders have helped create miles of blight in Detroit and a half-billion dollar liability for the city. The Detroit News scoured thousands of property records to catalog the conditions of 65,000 mortgage foreclosures since 2005. The investigation shows for the first time the extent of damage to neighborhoods and the bill Detroit inherited when foreclosed homes were left open to destruction. The toll is massive: 56 percent of mortgage foreclosures are now blighted or abandoned. Of those 36,400 homes, at least 13,000 are slated for demolition at a projected cost of $195 million, The News found. The city lost another $300 million in tax payments from foreclosed homes that Wayne County seized for nonpayment of taxes.

The Threat to Detroit’s Rebound Isn’t Crime or the Economy, It’s the Mortgage Industry As a young married couple, Steven and Corey Josephson chose to begin their lives together in Detroit. They came from Greeley, Colorado, a city that couldn’t be more different. It was founded as an experimental utopian community; its majority-white population has more than doubled since 1970; and its unemployment rate is lower than the national average, and about half that of Detroit.

Stuff Black People Don't Like - SBPDL: How Did it Come to This? WaPo Sheds Tears Over the Inevitable Collapse of Detroit It is the opinion of SBPDL that the coming collapse of Detroit represents a watershed moment in American history. A mere 100 years ago, Detroit was nearly 100 percent white. Beyond the horizon, these white citizens envisioned a magnificent city, with opulent buildings, grand theaters for entertainment and a thriving economy that would be the envy of the world. If you build it, they will come. From the southern United States flowed "The Great Migration," as Black people saw that same horizon and realized they could never build an infrastructure for a city near the grandeur of Detroit. See the maps from the 1930s that explain racial segregation in Michigan today We know racial segregation exists in our communities. We know this segregation is rooted in history. And yet, sometimes we allow ourselves to believe that segregation is somehow a natural thing, that it happened all on its own. But segregation in the United States did not happen happen that way. The racial divisions we see in our neighborhoods today are the result of deliberate actions taken in the past. Those actions, rooted in racism, were carried out by both individuals and institutions.

Housing crisis accelerates blight in Detroit neighborhoods By Debra Watson and Anne Moore 21 October 2008 Dire conditions in a once prosperous East Side Detroit neighborhood underscore the impact the wave of home foreclosures is having on working people across the United States. While the effect of the mortgage crisis on the Wall Street banks is headline news, the media rarely inquires into the social consequences of the foreclosure epidemic.