Cheap homes

[ducknwork]

This is very sad to see this happening. It's unimaginable to me.

http://news.yahoo.com/s/nm/20091025/...ousing_detroit
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[gman0046]

You couldn't pay me enough money to live in Detroit. They don't call it Sh*t City for nothing.

[dnf777]

Wow, that's sad and scary. The scary part is, it won't be just Detroit in that situation if we don't get jobs back in this country, preferably manufacturing jobs. During past slow-downs, we always had a manufacturing base that could be re-invigorated with a turn around in the economy, and compete and succeed. I don't know how we recover without that.

[Rudd]

I was there two weeks ago visiting a friend. He owns six of those cheap homes. His average purchase price is $8500 and each one rents out around $1,000/mo. They are section 8 houses and he is guranteed $900 from the Government, the balance paid by the tenant.

[Raymond Little]

Wow, that's sad and scary. The scary part is, it won't be just Detroit in that situation if we don't get jobs back in this country, preferably manufacturing jobs. During past slow-downs, we always had a manufacturing base that could be re-invigorated with a turn around in the economy, and compete and succeed. I don't know how we recover without that.

AFLCIO,IBEW,TEAMSTERS,ect have killed the MFG base in this country and it will never come back. Unions are no different than the DO-DO bird,
extinct. Why would anyone want to invest Billions of capital in these third world cities with third world politicians and third world inhabitants???
There is a reason Nissan is mfg in Mississippi,Subaru/Kentucky,Hyundia & Mercedes Alabama, Kia Georgia,Toyota Texas............No Union Thugs!

Dixie the New Mfg Giant

[Buzz]

AFLCIO,IBEW,TEAMSTERS,ect have killed the MFG base in this country and it will never come back. Unions are no different than the DO-DO bird,
extinct. Why would anyone want to invest Billions of capital in these third world cities with third world politicians and third world inhabitants???
There is a reason Nissan is mfg in Mississippi,Subaru/Kentucky,Hyundia & Mercedes Alabama, Kia Georgia,Toyota Texas............No Union Thugs!

Dixie the New Mfg Giant

I got news for ya, don't get too comfortable. Dixie is next. I helped move two major manufacturing plants out of Dixie and off shore. The supply of cheap labor is essentially infinite, it's only a matter of time.


Yup, Mississippi is paradise...

http://www.mpbonline.org/content/dro...is-mississippi
http://thinkprogress.org/2009/01/07/teen-pregnancy/
http://www.ncbi.nlm.nih.gov:80/pmc/articles/PMC1955420/