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


To: re3 who wrote (91579)10/8/2007 4:41:07 PM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
VERY dangerous to live in those sections of Detroit. Most of the homes have metal bars on the doors and windows. Every year people die in fires because the firemen can't get in to rescue them.

You really have to see it to understand completely. Parts of Detroit are OK, and most of the suburbs are still good, except Warren. Other parts are incredibly dangerous to be in, especially at night. When I bike cross country police sometimes warn me that I am in a "bad area". I tell them I bike in Detroit and they invariably say "You'll be fine then. Just keep your eyes open".

Crime rate is high, schools are lousy, city government is incompetent, taxes are high, services are fair at best.



To: re3 who wrote (91579)10/8/2007 4:43:04 PM
From: bkcraunRespond to of 306849
 
No, because Detroit has very high taxes. As people fled, the city had to get more and more from those that were left.