Assignment Detroit: Why Time Inc. Is in Motown

For the next year, Time Inc. journalists will cover all aspects of the Motor City. Because the future of Detroit affects all of us

Detroit house

This summer the editors at Time Inc. did something a little out of the ordinary for us or, frankly, for anybody: we bought a house in Detroit. As houses go, it's nice enough — three stories, five bedrooms, 3½ baths with a yard and a basement. We paid $99,000, about $80,000 above the average price of a house in the city limits.

Why would we ever do such a thing? Because we believe that Detroit right now is a great American story. No city has had more influence on the country's economic and social evolution. Detroit was the...

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