With a population of 58,000 it's one of the largest cities in Michigan. The median income of residents is $60,000, and the median house price is $240,000. These trends also differed greatly by state. Detroit, in the 1950s, was THE richest city in the US, and some say it was the richest city in the world. Ann Arbor is nicknamed Tree Town because the city is filled with a variety of trees, particularly Bur Oak Trees, and dense forests. The average income for residents is $77,000, and the annual home value is $225,000. Once the wealthiest city in the world, its decline was cemented when automobile companies began their exodus in favor of foreign manufacturing, that promised cheaper labor [1200x835] In 1971 the Detroit police unveiled its newest crime-fighting tool the STRESS unit, an undercover decoy operation, Stop the Robberies, Enjoy Safe Streets. West Bloomfield is a suburb of Detroit and the home to many wealthy residents. Troy, Michigan is the largest wealthiest suburb of Detroit. The wealth of these high net-worth individuals (HNWIs) those with at least $1 million in investible assets rose more than $1 trillion between 2013 and 2014, the report in Fortune magazine finds. Which state has highest homeless population? Berkley Gross Income: $77,000 | Median Home: $225,000, 15. The northwestern suburb of Detroit is home to mostly families and young professionals. N ew York City has taken back its crown. In 1960, the richest per capita city in America, according to the U.S. Census Bureau, was Detroit. The towns central park, Shain Park, is the site of the many outdoor events including concerts, art shows and the Village Fair. How Old Do You Have To Be To Go To Clubs In Detroit? Even downtown, one ruined skyscraper sprouts a pair of trees growing from the rubble. 6. Detroits decline resulted from the loss of its job base and predominantly white middle class. And where is that money coming from?" Home Michigan State University Was Detroit Ever The Richest City In The World? There is little doubt that Detroit is ground zero for the parts of America that are still suffering. The citys population became the fourth-largest in the nation in 1920, after only New York City, Chicago and Philadelphia, with the expansion of the auto industry in the early 20th century. While household income dropped during the Great Recession from December 2007 to June 2009, there has been a slow but steady increase in Detroits figures since then. These include summer concerts, farmers market, Christmas and winter events including a chili cook off. If you want to visit or live in the safest part of Detroit, the Berkley area is best with a crime rate lower than the national average. Check out the new Detroit Pistons Performance Center! The average income is $130,000, and the average cost of a home in the city is $360,000. I was reading that it used to be a zoo on Belle Isle in Detroit! Empty factories and apartment buildings haunt the landscape, stripped bare by scavengers. Richest Cities based on GDP include 2023 Hey! Detroit, Michigan, was the richest city in America during the 1950s, thanks to a booming economy built on the automobile industry. Beverly Hills is a great place for the wealthy to live because its quiet and peaceful and just a short distance from the big city of Detroit. Detroit History | By Sherry Trautman | Traveling Michigan. The riot was one factor among many, including structural racism, that contributed. The FHA signed into law the process of redlining, the act of denying loans and financial services to black neighborhoods while granting them for white neighborhoods. Today, the Census Bureau reports that it is the nation's 2nd poorest major city, just "edging out" Cleveland. Today Detroit has filed for bankruptcy, the largest American city to do so. "Recovery is going to take a generation," he said. Indeed, the soup kitchen itself is now starting to dip into its savings to cope with a drying up of desperately needed donations. The average income is $115,918, and the average home value is $268,500. The Golden State boasts the largest economy in the U.S., with a gross state product of nearly $3 trillion. It is home to the Cranbrook Education Community and the Cranbrook Academy of Art. The average price of a home in the city is $303,000. Thus there were fewer and fewer jobs to be had in Detroit. Not that anyone is buying. As scores of people queued up last week at the soup kitchen which the Capuchin friar helps run in Detroit, the celebrations on Wall Street in New York seemed from another world. Ray's Ice Cream: Superman Ice Cream. Zollner retained the Pistons name because it made perfect sense with Detroits automotive identity. With a population of 58,000 its one of the largest cities in Michigan. A million of these residents left. To give you a better idea of where Detroit ranks, here is the Forbes list of the most dangerous cities in America based on the cost of crime: As the largest city in Michigan, Detroit has ongoing problems with crime much like other major metropolitan areas across the U.S., which is linked to the prevalence of generational poverty. It's fascinating to learn all about Detroit History by visiting the locations listed below. Compared to New York City and other crowded cities, Detroit had more space for people to live and families to settle. The Pistons appeared in the NBA Finals two consecutive years, and in 2004 they became champions with a starting squad of Richard Hamilton, Chauncey Billups, Rasheed Wallace, Ben Wallace, and Tayshaun Prince. The quaint town has many events throughout the year on the town square. East Grand Rapids Gross Income: $115,000 | Median Home: $303,000, 8. Tuesday marks the five-year anniversary of Detroits exit from the largest city bankruptcy in the nations history. It was once one of the greatest cities in the world. Within months, STRESS officers had killed 10 suspects; nine were black, and critics called it an assassination squad.. Innocent citizens died in the police dragnets, and tensions between the police department and the black community reached the breaking point. Here are the 20 richest cities in Michigan. Where did the Detroit Pistons Name Originate? The unemployment rate in the city is low. Drugs were a lucrative business and rival gangs formed. Plymouth is a wealthy Michigan city located 26 miles west of Detroit. Gleaners has delivered a staggering 14,000 tonnes of food in the past 12 months alone. The beautiful and peaceful city attracts many retirees. How Do I Recertify For My Pua Claim In Michigan? By . Hickory Corners Gross Income: $124,000 | Median Home: $255,000, 14. The citys rapid industrialization was led by automotive pioneers like Henry Ford, Walter Chrysler, and the Dodge Brothers, and as the auto industry grew, so did the citys wealth. And 10.6% of Detroits 713,777 residents, according to the 2010 U.S. Census, considered themselves white.). Novi Gross Income: $94,000 | Median Home: $560,000, 3. Fun things to do include visiting Walled Lake and Yates Cider Mill. The population is 21,000. Was Detroit once a wealthy city? Grosse Pointe, Michigan was the first commuter suburb of Detroit and is one of the 4 Grosse Pointe communities. Plan to arrive at the airport no later than 90 minutes before a domestic departure, and 120 minutes before an international, Like many fast food and fast casual restaurants, Pizza Hut often adds and removes certain items, only to bring them back later. To do it, he needs a grant. Detroit differs in that it focused on cars and ONLY on cars. His Presidential Library is located in East Grand Rapids. When analyzing the ratio of homelessness to state population, New York, Hawaii, and California had the highest rates in 2020. . In 1947, the Belle Isle Zoo was downsized to a childrens zoo and finally closed in 2002. Are you surprised? "We are going to have to face the end of the industrial age," he said. The citys population is 70,000. Thousands of bankers and financiers are wetting their lips at the prospect of enormous bonuses, often matching or exceeding those of pre-crash times. How many millionaires live in Detroit? It's been happening here in Detroit since the 1980s. The median income of residents is $100,000, and the average cost of a home is $365,000. Since 2010, however, the citys population has declined at a slower rate than the long term trend, but still the 2020 U.S. decennial census shows the city lost 10.5 percent of its residents. He invited his neighbours to pick the crops for free, to help put food on their plates. Although Detroit was once the richest city in America after the market revolution and industrialization, today it is the country's second-poorest major city, edging out Cleveland and Dayton, Ohio. There is little doubt that Detroit is ground zero for the parts of America that are still suffering. (https://www.detroitnews.com//life-span/85325864/). However, the greater Tokyo metropolitan area is the most populous metropolitan area in the world having a population approaching 50 million people. It may not be as famous as Chicagos own version, but Detroit deep dish can hold its own against any style of pizza in America., Several employers in Detroit, Michigan, including Blue Cross Blue Shield and Quicken Loans, will pay their employees to live downtown, close to where they work., Although it may be daunting to find nightlife spots that cater to the under 21 crowd in some cities, Detroit has no shortage of places, A Detroit-style pizza features a tomato-based sauce that excellently complements the more mild brick cheese, which tastes similar to cheddar. The median income is $80,000, and the median price for a home is $346,000. He is disabled and cannot work. Five Big Music Stars discovered by Mr. Gordy include: - Michael Jackson (the Jackson Five)- Stevie Wonder- The Temptations- The Supremes (Diana Ross)- Marvin Gaye. (https://archive.nytimes.com//17/us/detroit-decline.html. I'm passionate about helping people achieve their dreams, and I believe that education is the key to unlocking everyone's potential. Begin typing your search term above and press enter to search. The city also has great shopping with Oakland Mall and the upscale Sommerset Collection Mall with 180 stores. Grosse Pointe Farms is a northern suburb of Detroit and is the northernmost of the four Grosse Pointe communities. Jobs: Starting in the 70s to the 90s there was a sharp decline in automotive production. As city government retreats and as cuts bite deep, some of those left in the city have not waited for help. The booming auto industry greatly affected their influence. Many wealthy people live in Forest Hills. They stopped building new housing in the city; the outflow of citizens continued. Michigan is the tenth most populated state in the United States of America. In 1960, the richest per capita city in America, according to the U.S. Census Bureau, was Detroit. Now home losses and job cuts are hitting the middle classes hard. Both have beautiful parks. 2. These are the same reasons why so many, Read More The 10 Best Places to Live in North Carolina for FamiliesContinue, The news is out. Factories were needed to mass-produce auto parts, tires, and vehicles, while garages were also in high demand to service and fuel cars. Nicknamed Motor City, its best known as the birthplace of the modern automobile, with visitors flocking to the infamous Henry Ford Experience. There are many views on why Detroit is where it is, Scott Martelle the author of Detroit: A Biography takes apart the five myths on what caused the decline of this once great city https://www.washingtonpost.com/opinions/five-myths-about-detroit/2013/07/26/132c2932-f478-11e2-9434-60440856fadf_story.html?fbclid=IwAR3FwTGx9qmk1iWI6U6o7tZjqBXwOXl8qhNd9KnUblF78ANZZde45Ntgrl8, Detroit has one of the highest crime rates in America, it is often called the murder capital of America. Established in 1820, Bloomfield Hills has many historic sites. Repossessions have spread like a rash down the streets of Oakland's communities. I've since worked with schools and districts all over the country, helping them improve their curriculums and instruction methods. Ancient Rome was a center for wealth, arts, culture, & politics. Names such as Flint, Youngstown, Buffalo, Binghamton, Newton. In 1919 Henry Ford purchased a plant in Northville as part of his vision to decentralize his plants. I'm Cary Hardy, an education expert and consultant. "I just avoid those areas that are not lit. How Do I Get My Transcript From The University Of Michigan? As violence flared and the hemorrhaging of people and jobs continued into the 1970s, a new national storyline about Detroit gradually developed that of an urban dystopia and in popular culture, the once-proclaimed Arsenal of Democracy took on a number of derisive nicknames: Americas first Third World city, Beirut, Baghdad, Bosnia, Chernobyl, and Murder City. New York City is considered the wealthiest city in the world with a wealth of $2.9 trillion. The conquest of the Mongols was so brutal that many . He cleared the rubble where a bakery had once stood and planted a garden. Northville Gross Income: $145,000 | Median Home: $500,000, 7. Serving as a middleman in the trade between Asia, Europe, and India, Baghdad grew exponentially. Jeff Bezos, the world's third richest man, raised more than 53 million dollars at the start of 2023, the same result for Warren Buffett, former Microsoft chief Steve Ballmer, Google co-founder . In this video, we take a look at the f. These topics will be covered in the next post. Mayor Mike Duggan and others, such as Democratic Congresswoman Rashida Tlaib of Detroit, contend that the citys population was woefully under-counted. Once the wealthiest city in the world, its decline was cemented when automobile companies began their exodus in favor of foreign manufacturing, that promised cheaper labor [1200x835] . (https://www.freep.com//30/detroit-67-riot-race/512977001/), 9. City of Detroit back in its prime, Circa 1940s. The banks are not lending," he said. Yet Georgia Street improved. The average income of residents is $195,000. Royal Oak is home to the Detroit Zoo. Its population is about 15,000. If you fancy rubbing shoulders with Marylands elite, there are 10 cities in particular that will allow you to do just that. Detroit is Michigans largest city, with over 670,000 residents in a metropolitan area covering 142.89 square miles. The average income of residents is $170,000, and the average cost of a home in the city is $727,000. Plymouth even has an NHL size hockey rink. Novi, Michigan has been ranked as the best city to live in in the state. In 1950, Detroit was Americas wealthiest city based on per capita income. The city did not have the money for the upkeep of these properties and spaces. Lives in Detroit, MI (1961-present) 3 y East Indian Village, home to Many Notable Wealthy families, the Fords, VerHausens, Chryslers, and More, Also Bloomfield Hills, where most of Detroit's Athletes and Entertainers live, Wabeek, and the Richest City in the USA, Grosse Pointe Farms. In 1950, Detroit was the wealthiest city in America on a per capita income basis. All the while he still looked desperately for a job and found nothing. Or a cheap bank loan. Metro Detroit remains among the top 12 U.S. metropolitan areas with high net worth population. The banks rescued wholesale by taxpayers' money last year are posting billions of dollars of profits. The Motor City lost 10.5 percent of its population, or nearly 75,000 residents, between 2010 and 2020, according to the once-a-decade census count. What are the most dangerous cities in America? Chuck Daly was the Pistons coach in 1983 and lead the Pistons to playoffs for nine seasons. Named after Emperor Constantine, the beautiful and wealthy city of Constantinople, was the capital of the Byzantine Empire for a thousand years. Its known as an industrial river city and major cultural center with a rich history of music and sports. The average cost of a home is $354,000. 108,000 millionairesMetro Detroit has 108,000 millionaires. Need was so great that thousands of people turned up for a few application forms. Five of the ten richest cities from 33 years ago have seen median wages for young people fall by at least 15 percent. AyutthayaAyutthaya: the worlds largest city in 1700 AD. At the time Northville was a rural community. As the auto industry expanded during the 20th century, Detroit and its surrounding areas enjoyed quick growth. Detroit, Michigan, was the richest city in America during the 1950s, thanks to a booming economy built on the automobile industry. After graduation, he pursued graduate degrees in both Library Science and Communication. Population plummeted by 25 percent between 2000 and 2010. | City, Ancient rome, Rome. I did not believe it until I saw it.". An under-estimate: For many reasons, the estimate of 5,800 homeless deaths in 2018 underestimates the total number of homeless deaths that occur in the U.S. each year. Today, the Census Bureau reports that it is the nation's 2nd poorest major city, just "edging out" Cleveland. In 1974 Coleman Young became the first black mayor. Beverly Hills is a village and suburb of Detroit. Marian Ilitch Marian has a net worth of $4.4 billion as the current owner of the pizza chain that brings in more than $4 billion in annual sales, Forbes reported. he asked. In 2013, Detroitbecame the largest U.S. city to file for bankruptcy, when the city government regained control of Detroit's finances. There is no help for him. The city suffered while the white and black leaders fought for power. Troy has an interesting history museum located in its village area behind the old city hall. Ann Arbor Gross Income: $60,000 | Median Home: $230,000, 19. West Bloomfield Gross Income: $100,000 | Median Home: $365,000, 13. The average house price in Detroit is only $7,500, with many homes available for only a few hundred dollars. White flight: In the 50s it was 84% white and highly segregated. The Motor City is a major port on theDetroit River, one of the four majorstraitsthat connect theGreat Lakessystem to theSaint Lawrence Seaway. He graduated from Clarion University of Pennsylvania in 2009 as an English major with a concentration in Professional Writing. In 1960, the richest per capita city in America, according to the U.S. Census Bureau, was Detroit. Detroit Institute of Arts. In 1950, Detroit had 1.5 million white residents out of a total population of about 1.85 million. The average income is $124,000 and the average house price is $255,000. 1950s What food is famous in Detroit? The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. For them the recession is far from over. Decades of white flight, coupled with the collapse of its manufacturing base, especially in its world-famous auto industry, have brought the city to its knees. However, Detroits unemployment rate has hovered between 20% and 25% in recent years, due in large part to the COVID-19 pandemic and the Great Resignation. Northville was growing before this, however. The city made Time Magazine's "World's 50 Greatest Places" list, which ranked the top 50 international destinations to explore. Most of their customers were whites from the surrounding suburbs. Added to that shocking statistic are the millions of Americans who remain at risk of foreclosure. The town was ranked in the top 20 wealthiest cities in the Midwest. Scotty Simpson's: Fish and Chips. New York is a major financial hub in the United States, serving the financial hubs all over the world by providing the two largest stock . Greektown. Nowadays, there are around 180,000 jobs in downtown Detroit and thousands more in the surrounding metropolitan area. ", The busy highway of Eight Mile Road marks the border between the city of Detroit and its suburbs. He wants to reopen the shop and turn the house into a community centre for children. Here is a Forbes list of large U.S. cities (100,000+ people) with the highest poverty rates: Although Detroits descent into poverty over the last 50 years has been quite steep, there is hope on the horizon, with the number of residents living below the poverty line decreasing by 4.8% in five years. Since 2010, however, the citys population has declined at a slower rate than the long term trend, but still the 2020 U.S. decennial census shows the city lost 10.5 percent of its residents. What was the richest city in America in 1960? Real wages in the US stagnated in the 1970s and have barely risen since, despite rising living costs. Bloomfield Hills Gross Income: $170,000 | Median Home: $580,000, The 20 Cheapest Places to Live in Florida, How to Think Like an Investment Banker When Buying or Selling a Home, The 10 Best Places to Live in North Carolina for Families, 10 Questions You Should Ask a Potential Real Estate Lawyer, The 20 Best Places to Live in South Carolina. Declining tax base: With a sharp decline in the tax base there was little money to go around for education, city repair, policing. Mumbai, 37 billionaires (-8 since 2018) Total net worth: $184.4 billion Richest resident: Oil and gas heir Mukesh Ambani . The word "detroit" is French for "strait.". The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan. Detroit was second at 30.6%, a decline of 2.8 percentage points to its lowest level since before 2010. In the end police had to control the crowd, which included the sick and the elderly, some in wheelchairs. Metro Detroit remains among the top 12 U.S. metropolitan areas with high net worth population. Professor Robin Boyle, an urban planning expert at Detroit's Wayne State University, believes the real impact of the recession will continue to be felt in those suburbs for years to come. Among the nations 20 biggest cities, Detroit has the high poverty rate. Despite its comeback city narrative, the Motor City is still losing population. Tall grasses, shrubs and urban farms have sprung up in what were once stalwart working-class suburbs. Nothing at all," Brother Jerry said as he sat behind a desk with a computer but dressed in the simple brown friar's robes of his order. Detroit is a lively city with a fascinating history and an exciting future, rapidly becoming a must-visit destination in the USA. 7. Press ESC to cancel. HistoryPorn | Image | "City of Detroit back in its prime, Circa 1940s. Its also home to the Gilda Radner Hereditary Cancer Program. People left for a variety of reasons, including factories closing, racial tensions, white flight, and the 2008 housing crisis. The town is just 1 square mile and the population is 5,400, so Grosse Pointe is one of the most densely populated towns in Michigan. Marc Gorelick Royal Oak is a suburb of Detroit that developed as an industrial city after World War II. Traverse City Gross Income: $60,000 | Median Home: $320,000, 2. However, the city is still far behind other American metropolitan areas. Zollner wanted the best advantage for his team, so in 1957, he decided they would move to Detroit, Michigan. The Metro Detroit area also ranked at the bottom 95 out of 100 for the life spans of its poor, which was nearly 78 years.. Plymouth Gross Income: $80,000 | Median Home: $346,000, 16. By the 1970s, auto companies began moving factories to right to work states that dont require non-union members to pay the union an agency fee. 8 Celebrities Born in Detroit Michigan - Tim Allen - Sonny Bono (1935) - Jerry Bruckheimer (1945) - Alice Cooper (1948) - Francis Ford Coppola (1939) - Jeff Daniels - Eminem - Tom Selleck (1945) This was enough to be given the nod of approval from the U.S. government. The town grew during the Victorian era and much of the architecture proves this because many homes are Queen Anne style. Hawaii: Urban Honolulu. "We just can't get a loan to help us out. Considering the crime and poverty rate, Detroit is not as safe of a place to live compared to other large metropolitan areas. Was Detroit the Richest City in the World? 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. In honor of the Victorian heritage, the town has a Victorian Festival, now called the Heritage Festival, each year. The average income of residents is $115,000. What was the richest city in America in 1960? Plymouth has many family friendly events that take place in Kellogg Park at the towns center. US manufacturing, spearheaded by the auto industry, moved away from laborers towards automation and there was not enough replacement employment to make up the difference. What are the top 10 wealthiest cities in the United States? With a population of 6,200, Huntington Woods is called The City of Homes. He relies on public transport. Policing: After 1967, Detroit police engaged in several well-publicized violent encounters with black citizens that further raised the racial temperature in the city. The city is filled with many lakes, some small and some medium sized. Detroit has lost two generations of youth to this culture. The average cost of a home is a half million dollars. Will the last person in Detroit please turn off the lights? went a national saying in that era. The city has a population of 80,000, making it the 11th largest city in the state. The state, with two peninsulas, became one of Americas most important economic centers in the early twentieth century. The small town is just 2.1 square miles and there are only 322 residents. When was Detroit the biggest city in the world? The village is 4.04 square miles and has a population of 10,500. Fortunately, this means a wealth of very different communities to choose from when it comes to selecting your next, Read More The 20 Best Places to Live in South CarolinaContinue. His Presidential Library is located in East Grand Rapids. Feldman sees a relentless decline for working-class Americans all the way from Iowa to New York. Just in the past 3 years, its breathtaking and thrilling to watch such powerful revitalization efforts happening all over the city and surrounding regions. average cost of a home in the city is $727,000. After the passage of the Civil Rights Bill the blacks wanted more power over city governance and there was a continuing power struggle between the blacks and the whites. Although Detroit was once the richest city in America after the market revolution and industrialization, today it is the countrys second-poorest major city, edging out Cleveland and Dayton, Ohio. While Detroit was a populous city in the 1950's (by one metric the 5th largest in the US) it did not have as much wealth as other cities did at that time. In 1974, Zollner sold the Pistons to Bill Davidson for $6,000,000.00. Sitting in a downtown Detroit bar, he lists a grim roll call of cities across America where decline is hitting hard and where the official end of the recession will make little difference. 1: 10. However, Detroit is much more than just automobiles, thanks to a thriving art, music, sports, and nightlife scene. It has a population of about 24,000 people and an average household income of over $100,000. It has been cut, so now he must walk. Even so, over 670,000 people still call Detroit home, and there are many suburban neighborhoods in the city that are popular with families. Why are houses in Detroit so cheap? Detroit just got it first, but it could happen anywhere now. (https://www.freep.com//30/detroit-67-riot-race/512977001/). Detroit, Michigan. Farmington is one of the wealthiest neighborhoods in Detroit. But for people like Covington the grants have dried up, the banks are not lending, and no one is hiring. He grew broccoli, strawberries, garlic and other vegetables. City of Detroit back in its prime, Circa 1940s. The largest economic sectors in California are agriculture, technology, media, trade and tourism. Power Struggle: The transfer of power from a white Detroit to a black Detroit was fraught with power struggle. Officially, America is on the up. Photograph: Jim Watson/AFP/Getty Images, Culturally it gave birth to Motown Records, named in homage to Detroit's status as "Motor City". The wealthy are beginning to snap up property again, pushing prices up. On an unseasonal warm day last week, he stood in his urban garden, tending his crops, and gazed wistfully at the abandoned buildings that he now owns but cannot yet turn into something good for his neighbourhood. Revenue fell due to Detroits declining population, which reduced the property and income tax base. DetroitMichigan is defined by the strength and resilience of its people. That being said, the pockets of Detroit are safer than others, and the suburbs are still popular with many American families. Once the wealthiest city in the world, its decline was cemented when automobile companies began their exodus in favor of foreign manufacturing, that promised cheaper labor [1200x835]" It is hard not to compare Covington's struggle for cash to the vast bailout of America's financial industry. There are two large lakes that abut the city, Reeds Lake and Fish Lake. Detroit has been dubbed "the most liberal city in America" and each of these "progressive" policies is alive and well there. Join our newsletter of Michigan Explorers! Birmingham Gross Income: $170,000 | Median Home: $727,000, 6. Detroits poverty rate was 39.8% in 2014 and decreased to 35% by 2019. Table of Contents show 20. Try telling Brother Jerry Smith that the recession in America has ended. There are many parks and golf courses. Detroit did not plan ahead with investments in other industries to replace the jobs the city was losing. Within this small town is the Gillmore Car Museum which includes Michigans Motor Sports Hall of Fame and Gull Lake. Los Angeles, Chicago and Houston round out the top five. In New York's fashionable West Village a senior banker recently splurged $10m on a single apartment, sending shivers of delight through the city's property brokers. The gangs had easy access to guns and the gang wars began. Half of the land is the Detroit owned Rackham Golf Course.
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