Property Guides has released its top-10 list of real estate investment hotspots for 2018, and New York City, San Francisco and Los Angeles are not included. Detroit, however, made the list — for the second year in a row.
A “free, impartial resource for anyone looking to buy property,” Property Guides points to Detroit’s influx of millennials and college students, recent investments in the auto industry, low property prices and a high population of renters.
According to the article’s author Amy Baker:
The city where Henry Ford invented modern car manufacturing just over a hundred years ago wasn’t going to be kept down for long. You can be part of its renaissance.