Fact #1: As the U.S. government begins to impose more “buy American” provisions on the economy, companies will be pressured to stop outsourcing to China and India.
Fact #2: The median home price in Detroit has dropped to $5,000. That is not a misprint.
I smell an arbitrage opportunity. Why not buy up Detroit real estate and use it to create the American equivalent of Bangalore’s corporate campuses? Create an autarky where you bring over Chinese and Indian engineers on H1Bs, house them in corporate housing in Detroit, and still pay them overseas rates.
It shouldn’t matter to the employees whether they live in an American hellhole or a foreign one, as long as their needs are provided for, and they get paid the same or more.
Motor City is dead. Long live Bangalore on the Erie!