After the 2008’s subprime crisis, Detroit, which was the symbol of prosperity and the American auto industry, went through the most serious crisis of its history: factories closures, declining population, housing market collapsing and debt nearly of 19 billion dollars ... In 2013, the city is declared bankrupt. With property prices divided by two or three depending on the region, Detroit is today a city in full reconstruction that attracts a new population of investors, start-ups and major US companies. The real estate rebound in the US market attracts many foreign capital, Chinese among many others, and the rush of investment funds (Colony Capital, Blackstone, Berkshire Hattaway ...) on thousands of goods.
For French investors looking for investment, an additional source of income with an add-value on resale, the States of Florida and Michigan (especially the city of Detroit), offer multiple opportunities without having to hold a US residence visa.