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

To: MulhollandDrive who wrote (107023)	2/27/2008 1:55:13 PM
From: MoneyPenny	Read Replies (1) \| Respond to of 306849

Been there, done that theonion.com MP

To: MulhollandDrive who wrote (107023)	2/27/2008 2:19:46 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 306849

Detroit has been bulldozing entire blocks for many years. I know of several square miles that have been completely cleared. One was turned into a brand new subdivision of relatively nice homes, not too far from Chrysler's Jefferson Stamping Plant. Another areas is by the old train station. houses just end and there is block after block of nothing, save a single church left in the middle (not sure if even that is still there). Still another area just north of Michigan Ave near the Southfield Expressway. Detroit could potentially come back, but the people there keep electing corrupt politicians to hold all the important positions. Their educational system is also one of the worst in the country.