Knowledge Hub

The Knowledge Hub provides news and analysis on how leaders in the built environment are making our cities resilient through design, technology, policy and finance. World Cities Network aims to deliver knowledge relevant to the real estate community which causes debate and learning.

Time is running out for Detroit

Time is running out for Detroit

Once the birthplace of the US car industry, The fiscal crisis which has been crippling Detroit for years is now pushing the city ever closer to breaking point. Last Tuesday, it was announced that the city’s financial problems have now been passed over to Michigan’s governor after a state-appointed review team confirmed the city was in a financial emergency with “no satisfactory plan” to resolve it.

Categories: Governance, Funding, Finance systems, Detroit

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