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Housing costs a lot less than cars
At least that is the case in Detroit. According to the Chicago Tribune, the median price for a home sold in the month of December 2008 in Motor City is Seven Thousand, Five Hundred dollars
Link:
Detroit's outlook falls along with home prices -- chicagotribune.com "If the facts don't fit the theory, change the facts." Albert Einstein
"If your worried about falling off the bike, you'd never get on" Lance Armstrong
"Dress cute wherever you go, life is too short to blend in." Paris Hilton
"Money is one of the greatest instruments of freedom ever invented by man." F.A. Hayek
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Re: Housing costs a lot less than cars
It's going to take a miracle to ever turn that city around. Who in their right mind would move there right now?
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Re: Housing costs a lot less than cars
 Originally Posted by dmclone  It's going to take a miracle to ever turn that city around. Who in their right mind would move there right now? Someone who wants a cheap house.
The gap in our economy is between what we have and what we think we ought to have--and that is a moral problem, not an economic one. - Paul Heyne
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Re: Housing costs a lot less than cars
Originally Posted by kingcy Someone who wants a cheap house. or like 8 or 10 cheap houses...
Come to Detroit! Own your own neighborhood!
it could work
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Re: Housing costs a lot less than cars
I found this quote amusing from the linked article....
"Much of the neighborhood economy revolves around rib joints, hot dog stands and liquor stores"
"If the facts don't fit the theory, change the facts." Albert Einstein
"If your worried about falling off the bike, you'd never get on" Lance Armstrong
"Dress cute wherever you go, life is too short to blend in." Paris Hilton
"Money is one of the greatest instruments of freedom ever invented by man." F.A. Hayek
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Re: Housing costs a lot less than cars
Is anyone employed in Michigan anymore? Maybe they should become a right to work state and try to lure Honda and Toyota into detroit to build cars.
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Benjamin Franklin 1775
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Re: Housing costs a lot less than cars
Originally Posted by brianhos Is anyone employed in Michigan anymore? Maybe they should become a right to work state and try to lure Honda and Toyota into detroit to build cars. That makes too much sense. I wouldn't hold my breath on the results of that vote.
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Re: Housing costs a lot less than cars
I think that's because if you live in Detroit, you want to be mobile.
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Re: Housing costs a lot less than cars
house prices in detroit will hit bottom when the last person moves out.
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Re: Housing costs a lot less than cars
Originally Posted by brianhos Is anyone employed in Michigan anymore? Maybe they should become a right to work state and try to lure Honda and Toyota into detroit to build cars. Thats funny. Dont you know the only way to get rid of unions is to close the plants down.
The gap in our economy is between what we have and what we think we ought to have--and that is a moral problem, not an economic one. - Paul Heyne
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Re: Housing costs a lot less than cars
i remember a bridge in Detroit.
They meant to put up a sign on a bridge entering the city that said
"Detroit, A great place to live!"
Instead the put up a sign that said "Detroit, A place to live!"
Last edited by ffelknirznarf; 03-01-2009 at 01:30 PM.
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Re: Housing costs a lot less than cars
Originally Posted by ffelknirznarf i remember a bridge in Detroit.
They meant to put up a sign on a bridge entering the city that said
"Detroit, A great place to live!"
Instead the put up a sign that said "Detroit, A place to live!" Did you mean "leave?"
"If the facts don't fit the theory, change the facts." Albert Einstein
"If your worried about falling off the bike, you'd never get on" Lance Armstrong
"Dress cute wherever you go, life is too short to blend in." Paris Hilton
"Money is one of the greatest instruments of freedom ever invented by man." F.A. Hayek
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Re: Housing costs a lot less than cars
No, but that would have been even funnier.
They left out the word great.
Originally Posted by alaskaguy Did you mean "leave?"
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Re: Housing costs a lot less than cars
Originally Posted by kingcy Thats funny. Dont you know the only way to get rid of unions is to close the plants down. That reminds me of an awesome quote by jumbopackage in this thread: http://www.cyclonefanatic.com/forum/...ime-now-3.html (Looks Like I will have some time now)
Unions have their place. That place is roughly in the early 20th century.
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Re: Housing costs a lot less than cars
So, Detroit has been going downhill since about, well, 1960-something. How is the final plunge a surprise to anyone?
It's kiund of like the depopulation of NW Iowa. Frankly, I care more about that than about Detroit, and I shed very few tears for the place I'm from, and still like a lot.
Living in a dream world doesn't really benefit anyone.
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