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Posts Tagged ‘Detroit’

Detroit is Dying… Quickly

New Census data shows that Detroit lost a quarter of its population in the last decade, some 273,000 people. That’s the fastest decline in the history of an American city with more than 100,000 people, leaving Detroit smaller than it was in 1920.

When Is a House Worth Less Than a Car?

In Detroit, the average price of home sales is less than what you’d pay for a good used car. UCLA economics professor Matthew Kahn points out that you can buy 100 Detroit homes for the price of one house in Westwood in L.A.