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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Poet who wrote (187887)3/3/2009 9:05:34 AM
From: Think4YourselfRead Replies (3) of 306849
 
TH lives about 12 miles from me. I bicycle regularly through his area and attend a college campus very near him (OCC RO). It's a very nice area but northern Detroit is just a few miles away.

He has Detroit to worry about. I have Pontiac to worry about. 20 more miles north and you have to start worrying about Flint.

One good thing I have noticed in Pontiac and Detroit is that there has been a mass population exodus in the last 10 years. Lots of empty slabs/lots in the slum areas. That hopefully means things won't get so bad here.

I have a bunch of pictures still on my phone from a bike trip through Detroit last summer. If I can figure out how to upload them from the phone I'll post them for people to see. I really like the one with an Oak tree growing out of one house's porch and the branches extending well into the windows of the house. The ones where people completely stripped some rehab homes are interesting too.
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