[IrishIllini]

Out of towners speculatively investing in Detroit because properties are inexpensive is probably going to do more to hurt the city than help it. Chances are none of us would do much to improve the property. We’d all be sitting on our hands waiting for the other guy to make a splash in hopes of cashing out and because of that, nothing would ever happen. I’d be surprised if this wasn’t already a problem in the city.