Monday, May 16, 2011

Three on Detroit

The financial times has an optimistic [sic] piece on real estate in Detroit.

A lawyer suggests Detroit as the new Amsterdam with legalized pot and prostitution. This has always seemed like a natural strategy to me, particularly given that Detroit already is heavy (by the standards of places outside of Vegas and Atlantic City) with casinos. It could be a real Vegas for adults, instead of one that just pretends.

Conservatives bashed Mayor Bloomberg's idea for urban homesteading - here's your house and land, fix it up and live in it for a while and it's yours - but it seems like an excellent idea to me as well. Homesteading helped to populate the American West, why not empty blocks in Detroit?

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