Quote:
Originally Posted by Crawford
Per the U.S. Census there has been barely any housing construction in Detroit over the last few years.
I doubt there are "thousands" of new units for the entire city, over the last 30 years, to say nothing of downtown recently.
Of course, there could still be robust population growth absent new units, but this would assume that people are crowding into existing units. That sounds extremely unlikely unless we're talking some immigrant wave or extreme Hong Kong-style housing market.
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Sometimes you seem to limit options to the ones you think of in the first few seconds.
Detroit has had a lot of vacant housing. (You can look that up!) Filling empty units can do quite a bit.
I don't know how large that effect has been in Midtown but I bet it's a substantial percentage of its growth.
It's also a factor in many other cities' 2010 vs. 2017 statuses. Vacancy rates were often huge in 2010.