Houses cheaper than cars in depressed Detroit

Discussion in 'Economics' started by Dogfish, Mar 20, 2007.

  1. jem

    jem

    you know he got into wharton at the very end of the naz bubble. I was out with him the night before his school started.

    All these people thinking they were going to have 10,000 a week summer internships and 3-400 hundred when they graduated.

    They got out when nobody was hiring. Most of his class did not even have jobs upon graduation.
     
    #31     Mar 20, 2007
  2. i got my degree from kettering(GMI)
     
    #32     Mar 20, 2007
  3. "Doesn't it have the highest concentration of people from the Middle East in the nation?"

    Pretty much. May have been one of those govt sanctioned resettlement programs for this to happen. Began in the 70's, the Arabs worked at the Ford Rouge plant 12 hour shifts 7 days a week, don't smoke don't drink send the money back home, more came over bought all the houses near the plant no one wanted.
     
    #33     Mar 20, 2007
  4. Good one, that's my kind of town!!:p
     
    #34     Mar 20, 2007

  5. If you build it, they will come.
     
    #35     Mar 20, 2007
  6. tradermac

    tradermac

    No doubt...#1 is getting worse as crime creeps up in Royal Oak. The city paper paints a bleak outlook over the next 6 - 18 mos.


     
    #36     Mar 20, 2007
  7. If Snake Pliskin passes on the sequel "Escape from Detroit", maybe they can get a special ops guy from one of those TV survival shows. He can do a night parachute drop into the city center with 50 Krugerrands, 10 cans of spam, and 1 anti-tank weapon. He can be extracted by Delta Force only if he survives 48 hours, and remains unsodomized.
     
    #37     Mar 21, 2007
  8. And don't you forget it!
     
    #38     Mar 21, 2007
  9. Unlikely. If he lands south of 6 mile, he's done.
     
    #39     Mar 21, 2007
  10. This is my favorite thing in Detroit. This is a town whose message is " don't f**k with me"!!
     
    #40     Mar 21, 2007