Detroit and its NFL team long struggled. Can the city roar again like the Lions?
From Dow Jones & Company:
Detroit native Renise Taylor is finding it tough to afford a new home in her city due to rising prices. The Detroit Lions made history with a win at the NFC championship game recently, but the city still struggles with high poverty rates and low household incomes. The Motor City may be showing signs of recovery, but Michigan remains unattractive to young professionals, and the city has declined in population over the decades. Low home prices are attracting real-estate investors, but there are still thousands of abandoned homes creating challenges, while luxury retailers are starting to invest in the downtown area.
Read more: Detroit and its NFL team long struggled. Can the city roar again like the Lions?