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Market
By what percentage will property values in downtown Detroit increase by end of 2024?
5
Resolution / Starting Odds
Less than 5% • 33%
Between 5% and 10% • 33%
More than 10% • 33%
Real estate market reports and property value indices
Story
Billionaires, Including Dan Gilbert, Acquire 70% of Downtown Detroit's Office Space, Sparking City Revival
Jun 3, 2024, 11:19 AM
Billionaires, including Dan Gilbert, the Fords, and the Ilitches, have acquired approximately 70% of downtown Detroit's office space. This significant investment is part of a broader effort to revitalize the city, attracting workers and young residents back to Detroit. The transformation is being closely watched and has been covered extensively by media outlets, highlighting the substantial impact of these investments on the city's economic landscape.
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Increase 1,001 to 2,000 residents • 25%
Increase more than 2,000 residents • 25%
Less than 6% • 25%
6% to 7% • 25%
7% to 8% • 25%
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Decline • 25%
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Significant Growth (>2%) • 25%
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Prices decrease significantly (>10%) • 33%
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Prices remain stable or increase • 33%