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Thread: Detroit Woes

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    Detroit Woes

    Half of Detroit’s Streetlights May Go Out as City Shrinks - Bloomberg
    As it is, 40 percent of the 88,000 streetlights are broken and the city, whose finances are to be overseen by an appointed board, can’t afford to fix them. Mayor Dave Bing’s plan would create an authority to borrow $160 million to upgrade and reduce the number of streetlights to 46,000. Maintenance would be contracted out, saving the city $10 million a year.
    So they want to borrow $160M to save $10M a year? What is the payback periood then? Hmmmmm.


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    Re: Detroit Woes

    Seriously. Who would lend them 160 mil? No one would touch that bond.



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    Re: Detroit Woes

    Quote Originally Posted by Wesley View Post
    Half of Detroit’s Streetlights May Go Out as City Shrinks - Bloomberg


    So they want to borrow $160M to save $10M a year? What is the payback periood then? Hmmmmm.
    16 years?




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    Re: Detroit Woes

    Intrestingly my brother has been up in Detroit on business a lot lately and he says there are a lot of jobs to be had there right now. It's bouncing back that way.

    The state of the city is a different animal. Would think it would be a great case study for the woes of a union workforce and entrenched bureaucracy.



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    Re: Detroit Woes

    Detroit is almost like a visual of the economy the last few years...


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    Re: Detroit Woes

    I have spent a lot of time in Detroit, and not the suburbs, I mean the city. However bad you think it is, it is much worse. Previously I always thought the blight was exaggerated by media etc. It is not exaggerated. It will take many many many years to revive the city.



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    Re: Detroit Woes

    Quote Originally Posted by cyatheart View Post
    I have spent a lot of time in Detroit, and not the suburbs, I mean the city. However bad you think it is, it is much worse. Previously I always thought the blight was exaggerated by media etc. It is not exaggerated. It will take many many many years to revive the city.
    amen,..... i was there not too long ago and i'm not sure it will ever recover.



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    Re: Detroit Woes

    Quote Originally Posted by Wesley View Post
    So they want to borrow $160M to save $10M a year? What is the payback periood then? Hmmmmm.
    Um, no. They want to borrow $160 million to fix broken infrastructure that is deemed necessary for safety reasons. Contracting out the maintenance will save $10 million per year. "payback period" is irrelvant...


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    Re: Detroit Woes

    Quote Originally Posted by cyatheart View Post
    I have spent a lot of time in Detroit, and not the suburbs, I mean the city. However bad you think it is, it is much worse. Previously I always thought the blight was exaggerated by media etc. It is not exaggerated. It will take many many many years to revive the city.
    Depends on the parts of Detroit you are talking about. Downtown and Midtown (Wayne State) areas and the Grosse Pointe vicinity aren't bad at all. Of course, those are the areas where money in Detroit proper are actually being sunk, and in particular, are actually being policed. The goal of the Detroit police is essentially to keep as much of the crime south of 8 Mile and east of Telegraph (in other words, inside the city itself and out of the suburbs) as possible.

    As far as the urban blight, it seems how Detroit is dealing with it is bulldozing entire neighborhoods. Not a bad idea, actually. The less infrastructure the city has to support, the better.


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    Re: Detroit Woes

    Be a lot of green space there anyways


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    Re: Detroit Woes

    Been up there twice in the last month for school. Detroit is in bad shape, but its worst days are behind them. There is a lot of private investment going into the city now, especially Downtown.



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    Re: Detroit Woes

    Quote Originally Posted by Wesley View Post
    Half of Detroit’s Streetlights May Go Out as City Shrinks - Bloomberg


    So they want to borrow $160M to save $10M a year? What is the payback periood then? Hmmmmm.
    real simple. It's a city 95% relied on the auto industry

    In the 1970's they started building an inferior product, yet the unions guaranteed the workforce excessive wages and benefits.............. and BINGO..

    BANKRUPT CITY



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    Re: Detroit Woes

    Quote Originally Posted by Jambalaya View Post
    real simple. It's a city 95% relied on the auto industry

    In the 1970's they started building an inferior product, yet the unions guaranteed the workforce excessive wages and benefits.............. and BINGO..

    BANKRUPT CITY
    Not that simple. The metro of Detroit is doing fine. The suburbs of Detroit (north of 8 mile) look just the same as any other suburb in America. Racial tension began the problems in Detroit proper, as many people (White Flight) moved out into the suburbs following the Detroit Riot of 1967.





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    Re: Detroit Woes

    Quote Originally Posted by jdoggivjc View Post
    Depends on the parts of Detroit you are talking about. Downtown and Midtown (Wayne State) areas and the Grosse Pointe vicinity aren't bad at all. Of course, those are the areas where money in Detroit proper are actually being sunk, and in particular, are actually being policed. The goal of the Detroit police is essentially to keep as much of the crime south of 8 Mile and east of Telegraph (in other words, inside the city itself and out of the suburbs) as possible.

    As far as the urban blight, it seems how Detroit is dealing with it is bulldozing entire neighborhoods. Not a bad idea, actually. The less infrastructure the city has to support, the better.
    Yeah its not that bad in most areas. We sent our surveyors there for a few weeks for a project a couple years back, and they were all scared to go there because of the perceived crime rate and danger. So their boss printed out the crime statistics for the area in Detroit they were going and compared them to where they often work in the KC area... yep, KC area was worse.



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    Re: Detroit Woes

    The problem with the actual City of Detroit is that there is just too much land. You can fit New York, San Fran, and Boston inside the geographical footprint of Detroit. People prefer suburbs these days in all metropolitan areas, so naturally, there will be empty spots in the city itself.



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