[ClearCase_guy]

Years ago I knew a woman who grew up in Detroit. She told me that the family house was worth less than it had been when her parents bought it. I laughed, because I didn't think that was possible. I asked her what it was worth. She said, "$35,000" and I laughed again, because I didn't think it was possible.

But I have since learned that Detroit is a special place where all things are possible.

[goldstategop]

Detroit is the only city in the country where your family inheritance isn't enough to even make a down payment on a new home elsewhere. It sucks to live there.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[B-Chan]

In the end, the only way to beat the hordes of feral humans that infest our cities is by brute force.

If I had a little cash, I’d buy up a couple of blocks in the worst part of Detroit, hire some commissioned security officers from somewhere civilized, pay the local cops and judges to look the other way, and turn the property into an urban fortress. Neighborhood folks could contract with me for my gun boys to protect them and their property, and in return they’d grow my food in urban gardens, rebuild the local infrastrcture, keep the facilities clean and repaired, and othewise make my living for me.

Given a year or two, we’d thin out the ferals, rebuild the surroundings, and, eventually, the neighborhood would come back to life. Urban reform is easy when you have one man as judge, jury, and executioner.

Detroit doesn’t need federal help. Detroit needs classic feudalism, American style.

Yes, I’m serious.

[absolootezer0]

yup, you can buy a house for less than the cost of a new car.

[woollyone]

There once was a woman from Detoit,
who’s investing was less than adroit,
I laughed at the thought,
when told what she bought,
so she sold that damned place to

..AJ Foyt

(ok...so the place sucks SO BAD, that nothing ryhmes with it)

Sorry, I just couldn’t restrain myself after reading your opening sentence!

;o)

[Hot Tabasco]

I asked her what it was worth. She said, "$35,000

She may have been exaggerating but it depends on when her parents bought the house. There are certain areas around Detroit where properties have been maintained and are certainly worth more than the general areas surrounding them.

Once the city was forced to eliminate its residency rule, the policemen, firemen, etc. were then able to sell their houses and move to the suburbs. Of course that doesn't mean that they all did and those that remain are trying to maintain their neighborhoods.

But the reality is that nobody from outside the Detroit city limits is willing to move into the city. That's why it is dying..........

If you are willing to take a gamble on real estate, I can show you acres of vacant lots on Detroit's east side that you could probably pick up for a song and a dance. While worthless now, You just have to believe that such property will eventually become prime again..............Well, wouldn't you?