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DETROIT. “ GOOD NEWS TRAVELS FAST “

Investors from all over the globe are snapping up commercial and residential property in Detroit. This once forgotten city is now the buzz word for investors from all parts of the world. Despite a fiscal plight that forced the city to seek chapter 9 bankruptcy, protection 5 in August 2013, the real estate market is as strong as its ever been in Detroit’s downtown and surrounding areas. This has really been led by Billionaire Dan Gilbert who over the last 7 years of investing in Detroit has quadrupled his net worth from 1 billion to close to 4 billion today. In the 4th quarter of 2015 the state of Michigan ranks 9th in GDP growth among all other states. Metro Detroit home sales and prices have now hit a record 10 year high in May which is one of the reasons why investors are trying to get in now before prices again start to rise. Global Investments Incorporated have been selling residential investment properties in Detroit now for the last 4 years and have sold more than 3,500 homes in this short time but they have also seen a recent surge in enquiries and sales in the last few months with the dynamic investment company having to employ more staff to deal with the number of enquiries. We asked CEO Mike Moodie what his opinion was on the sudden upturn in sales? “ Well over the last 4 years we have done really well and sales and enquiries have always been really steady, but we have been slowly seeing the prices go up. Four years ago we were selling homes at an average of $15,000 with net returns of up to 30% ff not more, where today our average sale would be $30,000 and with returns of around 18% net, so you can see that over this period house prices have almost doubled. To cap this of there is a tremendous amount of positive news that is coming out of the city and we feel that it is a fantastic place to work and live once again. I think with all of the positive news, coupled with the increase in prices is meaning we are seeing more enquiries and an upturn in sales. Global Investments incorporated lead the way in giving the investors a one stop shop and take care of every need, from management, insurance/ LLC and bank account set up and an unrivalled ongoing after sales service.  “ Yes we really do give the investor a very smooth transaction from reservation to closing and thereafter as well. We hold their hand through every step and are there after the sale to ensure that their investment is working and are always there to step in as a middle man if need be. “ quoted Mike. Global Investments Incorporated currently have the best most exclusive stock in the market place today, with the best locations, best prices and steady returns for their investors. If you would like more information on these fantastic opportunities in the motor city please email Mike directly at. mike@globalinvestmentsincorportaed.com

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WHEN IT COMES TO DETROIT WE HAVE EVERY ANGLE COVERED.

Global Investments Incorporated have been selling in Detroit now for coming up to four years and have already closed on more than 2,500 sales in the city most famous for its motor industry. The UK and USA based investment company has diversified over the years selling in other cities such as Rochester, Buffalo, St Louis and most recently Atlanta and Chicago, but CEO Mike Moody believes that investors keep coming back to Detroit due to the level and quality of the stock that they have listed exclusively with their huge network of Brokers in the area. Mike was quoted in saying.. “ As a company we take a lot of credit for the number of sales that have gone on in Detroit over the last 4 years as we were one of the first to spot the opening and also the demand from Overseas investors and started marketing and searching for the best opportunities in the market place. Don’t get me wrong when we first started we spent most of our time and effort reaching out to the top suppliers in Detroit but this was difficult as we had no track record. Now due to the number of sales we have achieved over the past few years is the other way around. We have most if not all of the top suppliers contacting us every day asking us to market their properties as they know that we have the best investors and we sell the stock very quickly, normally within 48 hours. All of the properties that we take on are exclusive to us. We actually turn down properties if they do not meet the “Global Standard” as we call it. “ In Detroit Global Investments Incorporated have every angle covered from single family homes from $24,000 to huge apartment buildings and commercial units. Multi family and a great selection of Section 8 homes which are highly demanded by overseas investors. We asked Mike which is the best selling investment that they sell. “ It really depends on the investor as each requirement is different, which is why we have a whole team of people on the ground getting the best stock in Detroit for our clients. We advertise with billboards and radio for sellers to contact us directly. This means that we can meet the requirements of almost every customer and if we don’t have what they want we will make sure that our team on the ground can go out and source it. “ On top of selling properties Global Investments also offer a one stop shop when it comes to after sales and management. They provide and work with two of the best management companies in the city who manage the properties on a day to day basis and can even set up USA companies called LLCs and open bank accounts for their clients. Mike was also quoted in saying. “ Firstly the majority of the homes that we sell in Detroit will either come with a full rehab or recent updates and 95% of the homes would also come with great tenants in place. There is no doubt that we have the best valued stock in Detroit by a long way. This is a management companies dream as when our customer closes on the property we simply hand their file over to the management and most of the time the property will produce immediate income and a hassle free investment. “ There are a lot of other companies that are selling the same product as Global Investments but at sometimes twice the price and these companies will tell investors to stay away from the cheaper properties in Detroit. We asked Mike what he had to say in relation to these claims. “ Well to be honest I don’t really want to say much other than what else are they going to say? they are selling properties at double what they should be and well above the current market value with sometimes up to $20,000 of profit in the sale. I think that my properties, stock and management team on the ground and also the number of sales we have produced really speaks for itself. Just take a look at the properties we have and what the rest have and I think that should answer your question. Detroit is an incredible investment if you buy at the right price and with the right company. “ For further information on these investments or if you have any further questions please contact mike direct at mike@globalinvestmentsincorporated.com

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DETROIT 2016 – WHAT A YEAR SO FAR !

We are just about to enter our third month of 2016 and what a year it has been so far, Detroit again is still proving to be our most popular US investment city. Since the crash many investors have been sitting on the fence, to see how things would pan out. Some investors felt that Detroit had too many issues and variables which created doubt , not just about their return on their present investment but if the future would also mitigate any type of return. If you’ve never been to Detroit and only know what you see in the news, a story about the city’s future could seem confusing, images of derelict buildings and vacant office blocks does not fill an investor with confidence. Negativity always makes great reading but what is really happening, has the city really changed ? is there any positive news ? The answer to this is a very big yes, you have investment taking place all over the city, not just now but over the last few years. A $60 million, nine-story apartment, retail, hotel and conference centre is planned to be erected soon in the heart of Midtown. At the end of 2015 GM announced they were investing $245 million into the Metro Detroit plant. Dan Gilbert, founder of Quicken Loans, has invested more than $1 billion in the last few years, including renovations to Greektown Casino and its highway access ramp. Mike Ilitch, owner of Little Caesars Pizza, the Red Wings and Tigers, is behind the $450-million investment in a new arena and another $200 million to develop the arena district. Chinese development firm DDI Group bought three downtown buildings, including the original Detroit Free Press building, for $16.4 million and is actively scouting further investment in the city. Chrysler added offices downtown, and Fifth Third Bank Eastern Michigan announced it is moving its regional headquarters and 150 full-time employees to downtown Detroit.The ongoing development of the $140 million M1 rail project which is nearly finished and stretches from downtown Detroit to Grand Boulevard in New Centre. The city has been adding things most communities take for granted, such as major grocery stores to support the influx of residents to a city now seen as home of the hipster. Whole Foods, an upmarket organic chain, became the first major grocery store to open in Detroit last year, and Meijer opened a store and is building a second one to open next year. This is just a snippet of the investment that has been taking place in Detroit over the last few years and this has now pushed those investors sitting on the fence to take a plunge. If Billionaires and Chinese Development Groups are buying up properties surely it is time for them ? This increase in demand has led Global to take additional steps to secure the best inventory for our clients, as a company we always rate ourselves as having the best properties at the best prices. We are contacted on a daily basis by real estate companies, private investors and asset management companies asking us to sell their properties. But we have a very strict criteria, we only select the very best properties in Detroit , ones that will provide the best return on investment. We work with more brokers that any other overseas property company, some of them are household names, we now have more than 25 brokers in the Metro Detroit area alone. Not only has our suppliers changed but we also see a dramatic change in what investors want, initially Detroit was all about cheap properties and low capital input. But now investors want properties of higher value, they have more confidence to invest on a bigger scale. Our average sales price has increased to between $30,000-$45,000 whereas two years ago we would of thought these prices would be unachievable. Detroit has a very bright future and Global feels like we were part of the story, we have pushed Detroit over the last few years as we have always felt it was a great investment opportunity and one with great long term prospects for our clients.

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DETROIT STILL PACKING A PUNCH!

Home values in Detroit neighbourhoods are finally experiencing some upward momentum after years of rock-bottom prices. Still among the cheapest places in the nation to buy a house, Detroit neighbourhoods are seeing prices inch up on most residential blocks with substantial gains in the strongest areas, meaning that investors that have already purchased are seeing good capital growth and which is also attracting new investors from all over the Globe. Mike Moody. CEO of Global Investments was quoted in saying when asked are prices going up?  “ We started selling in Detroit just under 3 years ago and the average sale for us as a company was $10,000, 2 years on we have seen a good steady increase in price and now our average sale is around the $20,000 mark. “ A Free Press analysis of land records shows the median sale price of any home in the city was $30,000 last month, more than four times the $7,000 median in 2009, an especially dark year for the economy and real estate. Local real estate brokers and experts say the prices in neighbourhoods are finally rising because investors with cash are purchasing more houses and some are investing in repairs to attract tenants or buyers. Mike added. “ The majority of our investors are not from the US, our biggest markets are the likes of Australia, the UK, Singapore and HK, where all of the clients and investors that purchase with us are cash buyers which is intern helping the economy in Detroit with huge cash injections. “ Another prevailing sentiment is that real estate values in Detroit’s neighbourhoods bottomed out several years ago and didn’t need much prodding to show gains. Detroit also has been enjoying a warmer national image lately as a city that survived bankruptcy with more young people now looking for homes in trendier neighbourhoods. As these newcomers compete over a thin supply of available houses in neighbourhoods such as Bagley and Morning side, prices get pushed up, helping boost the citywide median price. Another factor behind the rising prices is the resilience of Detroit’s historic districts and the trendiness of certain other neighbourhoods where property values didn’t dip below the $50,000. These areas also include Grandmont, Fitzgerald, Harper woods, University District, East English Village, and Grandmont Rosedale. n the Grandmont Rosedale area of northwest Detroit, houses in good condition are again selling for more than $100,000. That wasn’t happening two years ago. Mike was also quoted in saying. “ Demand is outpacing supply in these parts of the city. Move-in-ready properties have lately been attracting multiple offers and selling within days. When we get a good move in ready house in the good locations in Detroit they are normally snapped up by one of our investors within 24 hours. We have incredible new stock coming on but they love quickly and we have set up great new partnerships with different suppliers in the area, giving our investors up to 25-30% net returns and prices starting from $19,000. We have incredible new stock coming on but they sell quickly.  We have also set up great new partnerships with different suppliers in the area  giving our investors up to 25-30% net returns and prices starting from $19,000. “ If you require further information on any these types of investments please contact Mike directly. mike@globalinvestmesntsincorporated.com

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DETROIT THE TIME IS NOW!!!!!!!

Global investments Incorporated is highly experienced and trusted in the Detroit property market. We deliver high-yield real estate investment opportunities and second to none property management services. As you already know real estate investing is very lucrative in this area of Michigan, and our tested and proven real estate investing system allows our investors to completely avoid the learning curve. We are the Detroit real estate investing experts that provide amazing return on your investment dollar, Euro or Pound, because our experience allows us to avoid the pitfalls that others can make. Global Investments Incorporated offers years of experience and all the know-how in the Detroit market, and that knowledge comes from being professional real estate investors ourselves. Our proven real estate investing system in Detroit now includes the best brokers and asset management companies who hand pick the best investment properties in Detroit, we full-time contractors and hands-on property management experts that outperform all of our competition in Detroit. We treat your investment portfolio like it was one of our own properties, and we take great pride in the properties that we have to offer you or any of our numerous investors world wide. Our turnkey investment properties in Detroit are located in the best stable rental areas that Detroit has to offer giving our investors the best most safe and secure investment These homes have been hand-selected in superior communities that are centered around good schools, progressive neighbourhoods and good local amenities. Every property that we sell will go through our unique and thorough inspection process. Now please remember, many individuals who dive into the Detroit area real estate market will quickly discover that searching for a property and finding quality tenants without the proper experience and local connections can be problematic. That’s why you need our experience and expertise, as well as our amazing real estate investing system that provides you with the following. High-Yield And Turnkey Real Estate Investment Properties In Detroit and many other states across the USA. A Vigorous Inspection On Each House With fantastic support and on the ground staff Experienced And Highly Profitable Detroit Property Management Services that produce stable and high ROI. Exclusive stock through our many contacts, brokers and Asset Management companies Very Profitable Rental Homes In The Better Parts Of Detroit For Every Investment need. Carefully Selected Tenants That Tend To Live In One Place For Longer Periods Of Time CEO Mike Moody was quoted in saying, “With your purchase of just one real estate investment property or multiple homes in Detroit, we provide you turnkey property management services that facilitate win-win relationships between you and your tenants. This unique approach to managing turnkey investment properties guarantees better relationships, less turnover and higher yields than what you typically find from property management services in Detroit. We have the very best value for money stock in Detroit with zero hidden gimmicks, give any one of our investment specialists a call today and find your perfect Detroit property Investment. “

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Dancing Detroit

Detroit has had a major impact on the musical world as we know it today, some of the greatest musical legends and producers come from Detroit.  The cultural diversity, challenging times and the determination of the people have helped produce a huge spectrum of different types of music. Not many people know this but Techno emerged in Detroit, Michigan in mid-to-late 1980s. One of the largest Electronic Festivals in the world is held in Detroit each Memorial Day weekend, the Movement Electronic Music Festival. The 2014 line up seen 121 acts spread over three days inside the famous Hart Plaza in Downtown Detroit. Some of the leading world DJs , played alongside each other to a crowd of over 50,000 people into the early hours of the morning. Techno was born in Detroit, but it was not linked to the auto industry, it came about due to the diverse network of artists who moved to Detroit due the ever changing city and upbeat attitude. Some of the founding fathers of techno, Juan Atkins, Kevin Saunderson and Derrick May met up in Belleville. Belleville was located near some of the automobile factories “Motor City” so to hear the influence of industrial sounds in techno music is no surprise. But it is not just Techno music that Detroit is famous for,  several well-known pop artists such as Diana Ross, Stevie Wonder, Sonny Bono, Suzi Quatro, Alice Cooper, Eminem, Glenn Fry are all from Michigan, Madonna attended the University of Michigan on a dance scholarship. Detroit is also world famous for its theaters, the city’s theatre district is the nation’s second largest after New York City, with eighteen professional theaters. You have the Detroit Symphony Orchestra, the Detroit Opera House, Fox Theatre, the Fisher Theatre, The Music Hall Centre to name just a few. These theatres have produced some of the leading musicals and symphonies seen over the last few years. Then we have Hip Hop, we have all seen the film 8 Mile which was filmed and made in Detroit .Detroit’s hip hop scene has made up very successful business empires.The Motor City is a special place in the history of hip hop, no city has had a similar type of influence both behind the scenes and in front of the cameras as Detroit. As we can see Detroit has contributed to some of the world best know artists but the highlight has to be the success of Motown Records. The label was founded in the late 1950s by auto plant worker Berry Gordy, his first success as a songwriter came in 1957 when Jackie Wilson recorded “Reet Petite”. No other record company in history has exerted such an enormous influence on both the style and substance of popular music and culture. With more than 180 No. 1 hit songs worldwide and counting, that influence is still being felt today. Berry Gordy had a house in the famous historic District called Boston Edison, close to the University District. The District boasts the oldest continuous neighborhood association in the City. This area has always been favoured by many people in the music business .Detroit had it first symphony orchestra in 1914, and in 1918 the directors decided to make a permanent appointment for conductor, Ossip Gabrilowitsch, who resided in a handsome house on Boston Blvd. Detroit also has its own Music Awards Foundation, DMAF awards are similar to the Grammy Awards presented by the National Academy of Recording Arts and Sciences. Award winners are determined by local musicians and music industry professionals in southeast Michigan, and presented in ten music genres; Folk/Acoustic, Blues, Jazz, Gospel, Country, Classical, Rock/Pop, R&B/Hip-Hop, Electronic and World. Detroit is a huge tour stop for national acts, and a number of major performance venues exist to accommodate these productions, there’s one to suit just about everyone’s taste.  Enjoy the riverfront atmosphere of Chene Park or the woodsy setting of the DTE Energy Music Theatre.  Others may prefer the traditional auditorium or stadium feel of the Palace of Auburn Hills, Comerica Park, or Ford Field. They are all outstanding live music sites that you are sure to enjoy! So when will we see you in Detroit ?

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Detroit Gets $200 Million from the State of Michigan

During the week of June 23rd, 2014, Michigan Governor Rick Snyder signed a series of bills that vouches $195 million to Detroit. This large amount of money will be a great contribution to getting the city out of bankruptcy. The bill was signed at the 122-year-old Detroit’s Globe Trading Co. building that was once an auto manufacturing facility. There are plans to revitalize the Globe Trading Co. building, which has been vacant for 20 years. After a $12.8 million investment from the State of Michigan, the building was converted into a the riverside park’s recreation center (William G. Milliken State Park) The $195 million that will be given to Detroit comes with its own set of rules to ensure its effectiveness and expenditure. According to USA Today, one of the nation’s leading newspapers, “a nine-member commission will oversee the city’s finances, budgets and contracts for at least 13 years and set the level of contributions made to city employees’ retirement and health care plans.” Detroit’s bankruptcy has come a long way. In the last several months, many different businesses, organizations, and charities have contributed to Detroit’s comeback in all different aspects. The nations largest bank (J.P. Morgan Chase) recently invested $100 million. The three Detroit-based automakers have collectively invested a large sum of money into the city’s revitalization, creating jobs, upgrading facilities, and increasing Detroit’s revenues. Detroit is by far the best investment in the USA and is fighting back!

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Do not fall for the Detroit gimmicks

A lot of buyers can get very confused when looking at the Detroit property market. There are many companies selling properties in Detroit but there seems to be huge differences in price. Prices seem to vary widely, from as little as $12,000 up to $50,000 for a three bedroom brick house. Sometimes these properties can even be on the same street, so what is going on here? One of the main reasons for this is that the company selling the property actually purchased the house themselves, or they have an agent overseas who is acting on their behalf and taking a large chunk of the profits. How it normally works is that they will buy the house through a US LLC and then transfer title to another company, you will often see at this stage the price doubles. What other companies want you to believe is that they can sell the same properties for almost double the price and that the house coming fully refurbished makes it a much better investment. Is this really the case ? Have they spent over half the value of house on a refurbishment ? Does it also mean just because a property is refurbished that a tenant will stay ? Or does it mean that if a tenant leaves you are under more strain due to the higher price of the house. Other sweeteners they may throw in is a free LLC which costs $350 or a six month free warranty which costs $250. So with your refurbishment, free LLC and free warranty it justifies you paying $20,000 more for the property ? Right ? One thing you might see from time to time is rent a guarantee being offered. Is this really a guarantee ? Or has this being built into the purchase price ? So really in effect you are just paying yourself. We believe transparency is what every client needs, an exact breakdown of the costs so you know exactly what you are paying for, if you are paying thousands for a refurbishment you should at least get copies of the invoices No smoke and mirrors. What we do is very simple, we take you direct to the source in the US, we have exclusive agreements with Asset Management companies, Banks and property Brokers. The price we quote is the US listed price, not the inflated price, you are paying the true market value. Due to our volume of sales we are approached by many companies who want us to sell their properties exclusively. In fact our Broker won the Broker of the Year as we have sold more properties in Detroit than any other overseas company. I am sure that most of you will do your homework and contact other companies, which of course is the right thing to do. I am also sure other companies sometimes throw mud our way, claiming our properties are in bad areas and in a bad condition. Wrong, that is not our model, we sell in the same Zip codes and the same streets, if your property needs work we will tell you and put you in touch with local contractors, you decide how much you want to spend, you have complete control over your purchase. We want to give you an example of what we are talking about, this event took place in September 2014 and highlights exactly what can happen. On the 10th of September we were approached by a client who had seen a foreclosure on the internet. The client asked us if we could make an offer and try and secure the property for him. We obliged and also got a quote for the work needed, often you find foreclosed properties need work. The house was on McKinney Street, it was a large four bedroom house on the market for $12,000, the price for the contractors was $5,000. When we submitted the offer we advised the client to slightly increase his offer to $14,000 but unfortunately the client did not take our advice and he lost the bid. Our client was of course a bit upset but he ended up placing another offer and securing a different property. Exactly two weeks later we were forwarded a email from the same client, he received a email from another company and could not believe his eyes, it was McKinney Street, the original house he wanted. At first he was excited by the email but then he seen the price, it was now listed at $45,000. The email claimed that the property was tenanted and fully refurbished, it came with a six month warranty. If he had just lost the offer two weeks previously how could this be possible ? The deal was closed, all the work done and a tenant placed in two weeks ? The main thing to take away from this is that $28,000 had been added on to the price, the average cost of a refurbishment is $8,000-$10,000 so where did the extra $20,000 come form ? This must have been for the free LLC and six month warranty.

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Detroit Chosen as Location for $148M Manufacturing Innovation Center

In February of this year, President Obama announced that Michigan had won a competitive national bidding process to host the new, $148 million American Lightweight Manufacturing Innovation Institute (ALMII) created as part of the National Network of Manufacturing Innovation (NNMI) initiative. This week, officials revealed that ALMII will be headquartered on Rosa Parks Boulevard in Detroit’s Corktown neighborhood, utilizing a 107,000-square-foot facility that was vacated by Mexican Industries more than a decade ago. A public-private partnership led by the University of Michigan, Ohio State University, Ohio-based manufacturing technology nonprofit EWI, and the U.S. Department of Defense. The institute will receive $70 million in federal funding over five years and will concentrate on innovations in lightweight materials—high-strength steel, aluminum, titanium, and magnesium—for land, sea, and air vehicle applications. Click here to read more

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Detroit’s challenge is to hang on to its own

Marie Alexander is exactly what Detroit is looking for: a successful young, professional African-American who grew up in the city and is looking to start a family and put down roots. Alexander, who works for an automaker, is getting married this fall and she and her fiance are house-hunting. In Northville and Novi. “It’s a very family-friendly atmosphere there, and great schools,” says Alexander, 29. “It’s a great place to raise kids.” Alexander settled in Grosse Pointe Park after returning to the area from Washington, D.C. She says she loves her hometown, and yearns to be bigger part of its comeback. But like many African-Americans of her generation and background, her perceptions of Detroit differ from those of the mostly white, suburban newcomers who are crowding into the cool new spaces downtown. Her family lived in a solidly middle class Rosedale Park neighborhood. Her dad was a cop. And yet her most searing childhood memories involve the dangers of the city. Alexander’s mother was shot in 2002 at a gasoline station near their home and was held up again on her own street in 2010. “I’m a strong advocate for the city,” she says. “I spend a lot of time in the city. But I’ve also seen the worst of it. “At some point, you want a less eventful life.” Saunteel Jenkins, the former Detroit City Council president who now heads The Heat and Warmth Fund, says that’s what separates young people who were raised in the city from their suburban counterparts. The newcomers have not yet been scarred by the city. They’re more likely to see Detroit as a playground. “For African-Americans who grew up in Detroit, for our whole lives Detroit was on the decline,” Jenkins says. “We never saw it on the rise. Our aspirations were to get to a more happening city, like Chicago, or even to the suburbs.” The differing aspirations help explain why the demographics of downtown and other suddenly hip areas of Detroit seem so out of proportion with the rest of a city that is 83 percent African-American. While those who’ve recently arrived have mostly positive experiences to associate with the city, native Detroiters have spent a lifetime looking over their shoulders and dealing with inadequate services and inferior schools. They want better for their children. Jenkins, 44, says Alexander’s concerns are common among those of her own friends who’ve opted against settling in Detroit. Jenkins’ brother was murdered in the city and she was robbed at gunpoint. “It’s enough to drive anyone away,” she says. “There are many young black people committed to the city, but not as many as I’d like to see.” One of those is Diallo Smith, who graduated from Cass Technical High School, Detroit’s middle class incubator, and then left for college in Ohio and a successful career as a financial analyst in Houston. Life was good in Texas, but he couldn’t resist the tug of home. “A lot of my friends are feeling the same thing — we’re not rediscovering Detroit, we are Detroit,” he says. “But it’s funny, they’re either all one way or all the other: They either love Detroit or want nothing to do with it.” Diallo opened one of the coolest venues in the city, the Drive Table Tennis Social Club in the Penobscot Building, combining drinks and food with ping pong. He and his wife, also a Cass Tech grad, returned with their children to his old neighborhood in East English Village. He says he was shocked by the number of homes that have been abandoned since he left. And he shares Alexander’s wariness about crime and education. “Schools and safety,” says Alexander. “There’s got to be an improvement there.” So the challenge for the city in hanging onto its own young people is the same as it will ultimately face in retaining the newcomers: To give them safe neighborhoods and good schools for their children. Click here to read more

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