People that earn more would save more, and would have more incentive to move there, especially if you can get larger tracts of land to have a bit of privacy.
Yes there are negatives, but the solutions are going to need to come from getting larger numbers of working/earning people living there day in and day out. Adding another casino or ballpark will do pretty much 0 for Detroit as a whole - it'll make the few square miles in downtown prettier, but people will just continue to drive in and out, nothing more.
People jumped through hoops a few years back to 'save' a few thousand for the 'new home buyer tax credit', which basically landed them with a mortgage. And that was a one time event. A family saving $2k+/year for, say 10 years, would be, if not life altering, certainly a modest incentive. Individuals making a decision like this won't be enough - it needs to be large groups who have enough purchasing power to attract other businesses/jobs to Detroit as a whole.
Yes there are negatives, but the solutions are going to need to come from getting larger numbers of working/earning people living there day in and day out. Adding another casino or ballpark will do pretty much 0 for Detroit as a whole - it'll make the few square miles in downtown prettier, but people will just continue to drive in and out, nothing more.
People jumped through hoops a few years back to 'save' a few thousand for the 'new home buyer tax credit', which basically landed them with a mortgage. And that was a one time event. A family saving $2k+/year for, say 10 years, would be, if not life altering, certainly a modest incentive. Individuals making a decision like this won't be enough - it needs to be large groups who have enough purchasing power to attract other businesses/jobs to Detroit as a whole.