Betting on Blight: How Contrarian Investors Are Finding Opportunity in America's Emptying Cities
As population loss accelerates across dozens of Rust Belt and post-industrial American cities, a disciplined cohort of investors is quietly acquiring assets at fractions of replacement cost, wagering that strategic redevelopment and municipal land bank partnerships can generate returns that thriving metros simply cannot match. The calculus is unconventional, the risks are real, and the potential upside is reshaping how a new generation of capital allocators thinks about where American real estat