that’s my surplus value
Values across Michigan vary wildly, from less than $100,000 in much of Detroit, Flint and Saginaw to over $1 million in affluent parts of Oakland County and along the Lake Michigan shoreline.
In eight Michigan counties, Realtor.com reports the median sales price is between $400,000 and $475,000 — and it’s over a half-million dollars in Emmet and Leelanau counties, northwest and northeast of Traverse City.
The disparities occur within Detroit as well, where high-end condos downtown pushed the median asking price there to nearly $500,000 in March.
Yet just 1 mile northwest, along Michigan Avenue, the median price was $50,000, one of the lowest in the state.
Solutions to the current housing market problems.
most expensive and least expensive house in LA county April 14, 2022
[ID: Tweet by Vivian @MuchNerve that reads: landlords don’t provide housing. the entire point of landlording is to deny people housing by buying more housing than you need — thereby depleting the market supply — then renting your own hoarded excess back out to people who can’t buy housing because you drove prices too high. End ID]
we need database of landlords where people can leave reviews and complaints like yelp for landlords
Stable housing builds stable communities, and stable communities build flourishing cities. Through community engagement and collaborative planning, resilient neighborhoods cultivate and, in turn, incentivize growth organically. As Detroit continues to develop, it is essential that investors carefully consider the city’s historical context. New development should enhance neighborhoods; not destroy them.
“We want stories that don’t exist in systems”: Mike tells Sarah what happened when Utah set out to solve one of America’s most intractable problems. Digressions include the Paleo diet, the planet Mars and the inadequacy of the term “up the river.” Jimmy Carter makes an extended cameo appearance.
“Honestly, I would stay here for as long as I could,” he said, sitting on a white couch while sipping from a Slurpee cup. “$1,000 bucks for all this?”
Others may also soon find themselves as lucky as more mansion owners in the city turn to renting to avoid a new tax on empty homes. In the new world of Vancouver’s housing market, where Chinese investors are decamping and low-ball offers are the norm, students can find themselves living in the lap of luxury.
