Detroiters are turning more foreclosed homes into profit than outside investors

Created Equal

Detroiters are turning more foreclosed homes into profit than outside investors

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Published on Sep 9, 2024, 8:17:40 PM
Total time: 00:50:15

Episode Description

Once dominated by non-local LLCs exploiting the system for quick returns, new data suggests that fewer outside investors are "milking" the system, and more Detroiters are taking advantage of opportunities to participate in Detroit’s recovery. Alex Alsup, VP of Research and Development for Regrid and author of the Substack “The Chargeback,” and Chase Cantrell, CEO of Building Community Value, joined Created Equal to discuss.

More about Created Equal

Hosted by Stephen Henderson, Created Equal is about the promise of opportunity and the challenge of inequality from the city that built America — Detroit.