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

To: Think4Yourself who wrote (91580)10/8/2007 5:10:21 PM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
Probably not much different than parts of Philadelphia and many other inner cities throughout the US. Some border areas touched upon with gentrification/"it's not that bad and it's affordable," but that was a rare instance as a result of the bubble.

So you really don't think the drug-infested, ghetto homes will ever rebound to 80k? :)

edit
I see the market's down OVER 20 points
Any reports of ledge jumping on WS?



To: Think4Yourself who wrote (91580)10/9/2007 10:32:51 AM
From: GraceZRead Replies (1) | Respond to of 306849
 
Other parts are incredibly dangerous to be in, especially at night.

The movie, 8 mile has some really good visuals from some of the grittier parts of Detroit.

netflix.com

A lot of inner cities have RE that is worth less than zero.


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