Posted on 01/27/2008 5:03:23 PM PST by traumer
Well for the guy who had no feet, undoubtedly.
That is what I was thinking. This is not the Shaker Heights I know!
Shaker Heights is/was very stable and a desired place to live with long standing grand old homes.
Something about this article doesn’t seem right. Might be worth a ‘fact checking’ trip.
Shaker used to be
Tax Amount (Semi-Annual): $1,829
That was on a $54,000 (sale price from bank) house.
The Shaker Heights I knew 30 years ago was a middle to upper middle class Jewish community. Not all Jewish of course but many Jewish families there. I'm amazed
To it's credit the neighborhood is trying to respond, but in their naivety they are targetting "violence" instead of targetting predators.
Actually, it's my old home town of Maple Heights that's been getting all the foreclosure attention. It's been the subject of NY Times and Economist stories lately. Those stories also missed a major point, how MH's city fathers lost well over a thousand manufacturing jobs...using apathy in one case and hostility about "pollution" in another.
-Eric
Myself, I'd blame what's happening on the unions and years of government over-regulation forcing industry south before I'd blame mortgage lenders.
I drove through Shaker Hts a few days ago. What is in this article might exist here & there (like where I live) but overall I saw a lot of very high end homes (as well as modest) in great condition & the normal amount of for sale signs.
Seems like a little sensationalism here implying the entire community is shot.
There is a lot of pride in Shaker Hts which has had it share of difficulty in going from an elitist & wealthy city to semi slum at borders near east Cleveland & then the past couple decades a true attempt to put itself in a positive light & clean up the “problems”
In my area that’s a bargain.
lol...gosh...someone finally got it. : )
I have 2 homes across the street from me up for foreclosure. Both owners make good money and can well afford the payments but choose not to and are simply walking away from them to move south
Whenever I think of East St Louis, "Vacation" immediately comes to mind:
Ellen: This is so dangerous! We have no business being in an area like this!
Clark: This is a part of America we never get to see.
Ellen: That's good!
Clark: No, that's bad. We can't close our eyes to the plight of the cities. Kids, are you noticing all this plight? This will just make us appreciate what we have.
*Gun Shots*
Clark: Roll 'em up!
“I hope a Cleveland area freeper can give us the true skinny “
I may just have to take a drive over there later! I went to a private school in Shaker Heights. When I was a little kid, S.H. was where you went to see the amazing mansions along Shaker Blvd. It was where you lived if you were rich. All those old money people now live in Gates Mills, Pepperpike and further east. However, there are smaller homes on the side streets that were built in the 30s and 40s. These smaller homes must be the problem. I say smaller, but still very, very nice homes. They’d probably go for 1/2 a mil if they were in Cali!
The demographics of the city have been changing for the last 30 years, as more minorities moved in from Cleveland, East Cleveland, etc..
Mrs Dearolddad and I went through the whole loan disclosure routine with the lawyers at closing and we paid cash.
People refinance their homes without even reading the terms of the mortgage?
How did they buy homes in the first place?
Is this story even true?
I thought Shaker Heights was one of the most exclusive areas to live in the Cleveland area. At least it was back in the late 60’s and early 70’s.
“Chagrin Street” - apparently named very aptly.
Clark: “Excuse me, um, homes? Can you tell me how to get back on the expressway?”
Ghetto Dude: “F*** yo momma!”
Clark: “Thank you very much.”
It’s “OK” now. Some parts are quite nice, others not so much. This story is sensationalist to the nth degree though. There are a few blocks of Shaker Heights, right at the border with the City of Cleveland, that somewhat resemble this article, but most of it is well-maintained and in quite good condition.
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