What is protecting places like Grosse Pointe and Birmingham from the blight and white Flight that plagued Detroit? (Bloomfield Hills: vacation home, buy)

[MrBR]

Isn't it just a matter of time before those cities experience property value drops and end up with blighted abandoned houses?

[Weichert]

Birmingham, Cranbrook, Bloomfield Hills are in no danger of ending up with abandoned houses. They are among the most wealthy areas in Detroit and the US. Lots of money floating around in those places. Sort of like Greenwich and Fairfield County, CT being close to NYC.

[middle-aged mom]

Most cities in the US experienced serious declines in property values and despite the hype, most cities are a long way from full recovery.

Grosse Pointe is a very small suburb- a lovely bedroom community with a population of about 5500.

Birmingham is substantially black. NASA and Boeing continue to float the economy in the general area.

[MrBR]

Originally Posted by Weichert

Birmingham, Cranbrook, Bloomfield Hills are in no danger of ending up with abandoned houses. They are among the most wealthy areas in Detroit and the US. Lots of money floating around in those places. Sort of like Greenwich and Fairfield County, CT being close to NYC.

You can buy a small mansion in those areas for less than a 2/3 bedroom house in the Bay Area. How are they "wealthy"? Low property values are usually a sign that there will be a massive decay soon.
I notice you failed to mention Grosse Pointe. Do you feel Grosse Pointe will eventually fall to Detroit's blight? I know at one point it was basically the wealthiest area in Michigan... I doubt it is anymore though.

[middle-aged mom]

Oh dear. Just realized you were referring to Birmingham, Michigan while I was talking about Alabama.

Did you mean to post this in the Michigan forum?

[MrBR]

Originally Posted by middle-aged mom

Oh dear. Just realized you were referring to Birmingham, Michigan while I was talking about Alabama.

Did you mean to post this in the Michigan forum?

No, because technically this is political in nature. (and the Michigan forum doesn't get as many responses).
I may consider owning a vacation home in the (much cheaper) upper middle class areas of the midwest one day and I'm worried the blight will ruin the chances of that happening.

[MrBR]

Isn't Grosse Point and Birmingham Michigan in danger of ending up like "Inglewood" California?

[desertdetroiter]

Originally Posted by MrBR

Isn't Grosse Point and Birmingham Michigan in danger of ending up like "Inglewood" California?

If you think that, then you're clueless.

Moreover, there's nothing wrong with Inglewood.

This belongs in the Michiganders forum. This isn't a Michigan board.

[MrBR]

Originally Posted by desertdetroiter

If you think that, then you're clueless.

Moreover, there's nothing wrong with Inglewood.

This belongs in the Michiganders forum. This isn't a Michigan board.

How is it not likely to end up like Inglewood? In what way is Inglewood a good city? There's a ton of crime, vandalism, and lots of abandoned decaying houses like (SURPRISE) Detroit.

[mrpeatie]

Are you very familiar with the housing stock or the areas relative wealth at all??? It might be low cost for SF Bay but it is top end for Michigan. Property value is relative & the parts of the country that didn't boom typically avoided the bust. I would imagine a substantial portion of the housing in Grosse Point and Birmingham carry much less debt than the typical community. And Inglewood was not the uppercrust area for LA. Apples to oranges there.