We’ve reached peak car and the end of the commute

‘Peak Car’ and the Beginning of the End of the Commute
businessweek.com

A growing number of urban planners and transportation experts believe that the developed world’s car traffic will decline

Bargain Homes Lure Buyers Worldwide to Detroit: Mortgages

Bargain Homes Lure Buyers Worldwide to Detroit: Mortgages
By Chris Christoff -, bloomberg.com

Jim West/Zuma Press

Peter Grosso of Long Island, New York, paid about $90,000 for 29 Detroit homes at an auc­tion for tax-delinquent prop­er­ties last Octo­ber. He’s sure they’ll sell at a prof­it with­in 10 years, while he rents them for…

RT @BloombergNews: Bargain-basement home prices bring investors from around the world to Detroit | http://flip.it/w3s1d http://flip.it/4csOQ