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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (48862)	2/21/2006 12:08:31 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

OK, I'll call you crazy. Plenty of auto plants being built in the US but notice they are about as far away from the UAW as possible and that means avoiding Detroit.

To: Lizzie Tudor who wrote (48862)	2/21/2006 12:12:56 PM
From: JakeStraw	Read Replies (1) \| Respond to of 306849

If you notice all the new auto plants were built in the South... Detroit's dead...

To: Lizzie Tudor who wrote (48862)	2/21/2006 12:24:56 PM
From: orkrious	Read Replies (1) \| Respond to of 306849

Call me crazy but I think Detroit is going to re-emerge. I agree but I suspect is will be 7-10 years. Detroit is leading the way for the rest of the country. First, the upcoming recession/depression has to happen. F and GM have to file for BK. People's expectations have to come down a hell of a lot, then Detroit and the rest of the country will emerge stronger. It's going to take quite a while.