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Old 08-05-2017, 10:44 AM
 
Location: Back in the Mitten. Formerly NC
3,830 posts, read 6,690,934 times
Reputation: 5367

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Quote:
Originally Posted by SPonteKC View Post
Was in Detroit for the last week and half for the first time in 10 years. Nowhere is the 'rebirth' hype-myth bigger or more false than Detroit.
Where did you spend your time? Brightmoor? Delray? Grixdale Farms? Because unless you were in some really bad areas, you weren't paying attention.
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Old 08-05-2017, 10:59 AM
 
Location: Nashville TN, Cincinnati, OH
1,795 posts, read 1,859,087 times
Reputation: 2393
Quote:
Originally Posted by HelterSkelter View Post
You mean the next renaissance city? Probably Cleveland/St. Louis.
Ummm NO.
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Old 08-05-2017, 11:13 AM
 
Location: Buffalo, NY
3,551 posts, read 3,018,974 times
Reputation: 9703
Quote:
Originally Posted by Enean View Post
I find it appalling, that so many on this site, seem to revel in the problems that Detroit has encountered. Kind of a "kick 'em when they're down" mentality, prevails here. Not just Detroit, but any city experiencing a downturn, in any capacity. It's called bullying, plain and simple. The Midwest and South are at the receiving end of the stick, from some posters. By virtue of choosing to live in the middle, as opposed to the coasts, you're somehow, less than. Well, not really (of course), but there is a lot of effort by some, to try to paint you that way. Fortunately, it's usually seen for what it is.

I wish for Detroit, and for any possible "Next Detroit", a rebound. These things don't happen quickly, people, it's a process. The title of this thread, brought out some "pouncers"....an opportunity to degrade, sadly, is always relished (by some).
Unfortunately, many (if not most) of these types of posters are former or current residents who have an axe to grind, and feel a perverse need to bring others to their own miserable level.
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Old 08-05-2017, 11:32 AM
 
Location: Michigan
4,647 posts, read 8,545,710 times
Reputation: 3775
Quote:
Originally Posted by MS313 View Post
danielj72 never lived in Detroit. I think that poster is from the westside of the state.



I don't think that poster really knows anything about Detroit to really understand what your talking about. He doesn't understand that you can't compare "average" home prices in Detroit to Novi, Rochester Hills, ect because unlike the burbs many of the homes for sale are not in good condition which of course has a huge impact on home sales as well as many other things.
Isn't that true about most everything people say about Detroit?
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Old 08-05-2017, 11:43 AM
 
Location: Tampa - St. Louis
1,270 posts, read 2,166,193 times
Reputation: 2130
Quote:
Originally Posted by jakebarnes View Post
Seattle has a socialist city council member, and at least one socialist running for another city council seat. So there are some socialists in cities. Of course, our Socialist lives in a big house in a fancy neighborhood, and her ex husband made all his money at Microsoft, so you know, of the people.
One self described socialist council member doesn't make a city "socialist". Seattle is far from socialist and the skyline, cost of living, etc. proves that it's more hyper capitalist than anything.
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Old 08-05-2017, 12:37 PM
 
2,335 posts, read 2,897,432 times
Reputation: 2344
Quote:
Originally Posted by SPonteKC View Post
Was in Detroit for the last week and half for the first time in 10 years. Nowhere is the 'rebirth' hype-myth bigger or more false than Detroit.
It seems the revival takes place mostly downtown and its immediate surroundings and the remainder of the city is still and will continue to be in a pretty bad shape. So depending on what part you visited, you may very well be right.
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Old 08-05-2017, 01:40 PM
 
Location: Texas
1,982 posts, read 2,068,910 times
Reputation: 2185
Quote:
Originally Posted by Enean View Post
Chicago's too important. Corporate headquarters are still moving to Chicago. Crime is definitely a problem, but only in certain areas of the city. I lived there, have many friends who still live there, and none of them has been impacted by crime.
I'm not saying Chicago will be the next Detroit, I doubt that, but wasn't Detroit also considered too important to experience the decline it did when it began? I wasn't alive at the time, so no firsthand experience, but people on here make it sound like Detroit was among the top five or six cities at the time.
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Old 08-05-2017, 02:22 PM
 
Location: Detroit
3,671 posts, read 5,843,823 times
Reputation: 2691
Quote:
Originally Posted by Parhe View Post
I'm not saying Chicago will be the next Detroit, I doubt that, but wasn't Detroit also considered too important to experience the decline it did when it began? I wasn't alive at the time, so no firsthand experience, but people on here make it sound like Detroit was among the top five or six cities at the time.
It was a top 5 city and literally right behind Chicago in most categories up until at least the 70's. Actually if I'm not mistaking it was richer than Chicago at it's peak. It's "importance" and F500 companies has nothing to do with anything and it's definitely not going to change any huge issues facing the city. Detroit (metro) till this day is still more important and has more F500 companies then most big cities. And that has done nothing to help the issues facing the inner city areas of Detroit. Chicago's importance thus far hasn't stopped Chicago from having the 2nd worst population loss (after Detroit), or have more murders then NYC and LA combined, or having a increasing blight problem on the south and west sides, or CPS closing 50+ schools. The worst thing Chicago (or any city facing major issues) can do is think that their problems won't get that bad. That is exactly how problems do end up that bad.

Quote:
Originally Posted by drro View Post
It seems the revival takes place mostly downtown and its immediate surroundings and the remainder of the city is still and will continue to be in a pretty bad shape. So depending on what part you visited, you may very well be right.
There have been improvements city wide, not just downtown. Granted downtown has had the most dramatic improvement.

Quote:
Originally Posted by animatedmartian View Post
Isn't that true about most everything people say about Detroit?
Lol yea true that.

Quote:
Originally Posted by SPonteKC View Post
Was in Detroit for the last week and half for the first time in 10 years. Nowhere is the 'rebirth' hype-myth bigger or more false than Detroit.
Then explain this:
Detroit streetlights go from tragedy to bragging point

City will tear down 10K abandoned houses in 2 years, Detroit mayor says | MLive.com

Developer plans $5 million project along Detroit's Avenue of Fashion - Crain's Detroit Business

City Modern | Brush Park Detroit

Watch as we get the first ride on the QLINE through Detroit - WXYZ.com

DDOT expands service with new buses, six 24-hour routes

Report: $5.4 billion in construction set in, around downtown Detroit | Crain's Detroit Business

Downtown Detroit's Office Vacancy Rate Drops Dramatically in 5 Years *–* Deadline Detroit

https://www.clickondetroit.com/news/...-hit-milestone

Welcome to the Official Site of The District Detroit

Meijer opens its 2nd Detroit store amid song, donations

Mich. jobless rate falls to lowest level in 17 years

Belle Isle is Michigan's most popular state park

Detroit's riverfront plan includes a beach, more parks, fewer condos

It isn't a light switch... things take time.
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Old 08-05-2017, 03:12 PM
 
4,087 posts, read 3,203,507 times
Reputation: 3048
Quote:
Originally Posted by MS313 View Post
It was a top 5 city and literally right behind Chicago in most categories up until at least the 70's. Actually if I'm not mistaking it was richer than Chicago at it's peak. It's "importance" and F500 companies has nothing to do with anything and it's definitely not going to change any huge issues facing the city. Detroit (metro) till this day is still more important and has more F500 companies then most big cities. And that has done nothing to help the issues facing the inner city areas of Detroit. Chicago's importance thus far hasn't stopped Chicago from having the 2nd worst population loss (after Detroit), or have more murders then NYC and LA combined, or having a increasing blight problem on the south and west sides, or CPS closing 50+ schools. The worst thing Chicago (or any city facing major issues) can do is think that their problems won't get that bad. That is exactly how problems do end up that bad.
True ..... Chicago is a tale of TWO CITIES IN ONE. Detroit declined to the point the TALE OF TWO CITIES WAS MORE THE CITY vs. ITS SUBURBS. Detroit did not have a Booming Core as Chicago to move forward with, despite its issues. The declines did not have anything left to boaster it. Chicago's CORE IS STILL BOOMING.

Public schools are a issue in virtually every large US city even in the sunbelt booming cities. The closings did not devastate the bloated system. But the state and city fighting over financing it is ongoing.

- Illinois does not allow for a city to go bankrupt. A constitutional change would be needed too.

NYC WAS Bankrupt in 1975. It already CUT ALL City Services Severely. The Federal Government and State.... finally gave the city Loans. President Ford ONLY GAVE IN .... after Corporate America and GOP pressured for help to NYC. It never looked back and PAID BACK the loan guarantees that LASTED THROUGH President Carter's years.
Quote:
Originally Posted by Parhe View Post
I'm not saying Chicago will be the next Detroit, I doubt that, but wasn't Detroit also considered too important to experience the decline it did when it began? I wasn't alive at the time, so no firsthand experience, but people on here make it sound like Detroit was among the top five or six cities at the time.
Detroit did not have a diversified enough economy. The Auto manufacturing was its life-blood. It declined and moved and the city probably experienced the most severe White-Flight of any.

* Chicago is listed as the Most diversified economy of our major cities with no more then 14% controlled by one industry.

Chicago Most Diverse Major U.S. Economy.
https://www.questia.com/magazine/1G1...omy-commercial

What link says:
- ACCORDING TO A NEW REPORT BY MOODY'S Investors Service, New York, CMBS: A New Economic Diversity Model for a New Economy, Chicago is the city with the nation's most diverse economy. Applying a new formula in gauging a city's economic diversity, used in analyzing commercial mortgage-backed securities (CMBS) deals, Chicago scored 95.1 out of a possible 100, according to the Moody's report. A score of 100 means the city's economy perfectly matches the components of the national economy.

Economy

What link says:

Chicago's Strong, Diversified Economy

- Chicago’s industry mix most closely matches the nation's, with no single industry employing more than 14% of the workforce

- Chicago has one of the world’s largest and most diversified economies, with more than four million employees and generating an annual gross regional product (GRP) of over $561 billion.

- The city is an efficient economic powerhouse, home to more than 400 major corporate headquarters, including 34 in the Fortune 500.

- Among the most diverse economies in the nation, Chicago is a key player in every sector from risk management innovation to manufacturing to information technology to health services

Most Diversified Economy in the U.S.
Source: Moody’s Analytics (2015), WBC (2016)

Top Metro for New & Expanding Companies

- Site Selection magazine has recognized the Chicago area as having more new or expanded corporate facilities than any other for four years in a row: 2013, 2014, 2015 and 2016.

#1 Metro for corporate investment in the U.S.

Chicago accounts for almost one fifth (18%) of the world’s global derivatives trading market; 2X New York (9%) and nearly matching all European exchanges combined (19%)

Chicago-based exchanges generated 4.7 billion in annual global derivatives trading volume with a notional value of more than one quadrillion in 2014

Chicago-based Options Clearing Corporation clears all US options contracts – 4.2 billion in 2015 (the third highest volume on record)

Chicago futures and options exchanges collectively dominate exchange-based derivatives trading, with more than half of exchange-based derivatives trading in North America

$592.2B Economy Rivals Nations
Source: World Bank (2016), Moody’s (2015)

* The major DEBT issue is its Pension debt that though sever ..... the city operates as if it's not there. Time will tell.

Chicago in 1970s -- In 2017 mostly north of the Loop

Last edited by DavePa; 05-01-2018 at 08:17 AM..
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Old 08-06-2017, 01:28 PM
 
Location: Detroit
3,671 posts, read 5,843,823 times
Reputation: 2691
Quote:
Originally Posted by DavePa View Post
True ..... Chicago is a tale of TWO CITIES IN ONE. Detroit declined to the point the TALE OF TWO CITIES WAS MORE THE CITY vs. ITS SUBURBS. Detroit did not have a Booming Core as Chicago to move forward with, despite its issues. The declines did not have anything left to boaster it. Chicago's CORE IS STILL BOOMING.

Public schools are a issue in virtually every large US city even in the sunbelt booming cities. The closings did not devastate the bloated system. But the state and city fighting over financing it is ongoing.

- Illinois does not allow for a city to go bankrupt. A constitutional change would be needed too.

NYC WAS Bankrupt in 1975. It already CUT ALL City Services Severely. The Federal Government and State.... finally gave the city Loans. President Ford ONLY GAVE IN .... after Corporate America and GOP pressured for help to NYC. It never looked back and PAID BACK the loan guarantees that LASTED THROUGH President Carter's years.


Detroit did not have a diversified enough economy. The Auto manufacturing was its life-blood. It declined and moved and the city probably experienced the most severe White-Flight of any.

* Chicago is listed as the Most diversified economy of our major cities with no more then 14% controlled by one industry.

Chicago Most Diverse Major U.S. Economy.
https://www.questia.com/magazine/1G1...omy-commercial

What link says:
- ACCORDING TO A NEW REPORT BY MOODY'S Investors Service, New York, CMBS: A New Economic Diversity Model for a New Economy, Chicago is the city with the nation's most diverse economy. Applying a new formula in gauging a city's economic diversity, used in analyzing commercial mortgage-backed securities (CMBS) deals, Chicago scored 95.1 out of a possible 100, according to the Moody's report. A score of 100 means the city's economy perfectly matches the components of the national economy.

Economy

What link says:

Chicago's Strong, Diversified Economy

- Chicago’s industry mix most closely matches the nation's, with no single industry employing more than 14% of the workforce

- Chicago has one of the world’s largest and most diversified economies, with more than four million employees and generating an annual gross regional product (GRP) of over $561 billion.

- The city is an efficient economic powerhouse, home to more than 400 major corporate headquarters, including 34 in the Fortune 500.

- Among the most diverse economies in the nation, Chicago is a key player in every sector from risk management innovation to manufacturing to information technology to health services

Most Diversified Economy in the U.S.
Source: Moody’s Analytics (2015), WBC (2016)

Top Metro for New & Expanding Companies

- Site Selection magazine has recognized the Chicago area as having more new or expanded corporate facilities than any other for four years in a row: 2013, 2014, 2015 and 2016.

#1 Metro for corporate investment in the U.S.

Chicago accounts for almost one fifth (18%) of the world’s global derivatives trading market; 2X New York (9%) and nearly matching all European exchanges combined (19%)

Chicago-based exchanges generated 4.7 billion in annual global derivatives trading volume with a notional value of more than one quadrillion in 2014

Chicago-based Options Clearing Corporation clears all US options contracts – 4.2 billion in 2015 (the third highest volume on record)

Chicago futures and options exchanges collectively dominate exchange-based derivatives trading, with more than half of exchange-based derivatives trading in North America

$592.2B Economy Rivals Nations
Source: World Bank (2016), Moody’s (2015)

* The major DEBT issue is its Pension debt that though sever ..... the city operates as if it's not there. Time will tell.

Chicago in 1970s -- In 2017 mostly north of the Loop
Detroit's core was vibrant back in the 50's and 60's. Other then that your right, one of Chicago's biggest strength is it's diversified economy, BUT the auto industry is far from the only thing that caused problems in Detroit. I mean look at the metro Detroit area as a whole, it's still a fairly wealthy and healthy region. The city government has played a bigger hand in fueling issues in inner city Detroit then the auto industry by far. Looking out for themselves and not for the city has caused business and residents to flee the city in droves and scare away many potential new business and residents. One thing about Chicago, the government might be just as corrupt as Detroit's but at least they have the common sense to care about the image of Chicago. Detroit's government has only cared about the image of Detroit for only a few years now and it's already more attractive then it was 5-7 years ago. Too bad that mindset wasn't there 40 years ago.
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