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The city of Detroit probably has the worst reputation in all of the United States. Detroit is known for crime, drugs, violence, and abandoned buildings. Currently, Detroit ranks as the 3rd most dangerous city in the United States behind St. Louis and Camden, NJ. The reason behind the downfall of Detroit is largely due to the automotive industry. Detroit’s economy was primarily based on the success of the automotive industry, and ever since the Big 3 (GM, Ford, and Chrysler) became on the brink on bankruptcy, Detroit has greatly suffered. For this paper, I have researched the gentrification and current state of Detroit’s economy.
Even though the population of Detroit is declining every single year, the city of Detroit is making drastic changes to make it a better place to live. There have been many private investors such as Mike Ilitch (Owner of the Red Wings, Tigers, and Pistons) to revitalize the downtown area. Mr. Ilitch has a vision to make Detroit a better place and that includes new sports arenas and the destruction of the abandoned buildings. Mike Ilitch and other private investors have been working with the local government to make improvements to their hometown. I have also lived in Detroit my entire life, and I am seeing these improvements everyday.
The city of Detroit probably has the worst reputation in all of the United States. Detroit is known for crime, drugs, violence, and abandoned buildings. Currently, Detroit ranks as the 3rd most dangerous city in the United States behind St. Louis and Camden, NJ. The reason behind the downfall of Detroit is largely due to the automotive industry. Detroit’s economy was primarily based on the success of the automotive industry, and ever since the Big 3 (GM, Ford, and Chrysler) became on the brink on bankruptcy, Detroit has greatly suffered. For this paper, I have researched the gentrification and current state of Detroit’s economy.
Obviously the economy hurt all Americans very hard, especially the car industry. Thankfully, General Motors is returning to Detroit where businesses will ideally be up and running shortly with a surplus of jobs. I think it's devastating that Detroit has become a ghost town but we all must help each other and local government can help business come in and jobs can be reopened in Detroit. Once the city loses it's negative stigma, the city will flourish.
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