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- Nov 22, 2006
a house is a house. I don't care about look of the house i just want a place to sleep at night. Prop to your cuz. 16k on a property is a steal
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dude you are an idiot. you obviously can't read words with more than two syllables or else you would have seen the part about gentrificationwhich means when a poor crummy neighborhood is bought up by companies and businesses because the decrepit state makes the land very cheap and all of a suddenthis broken down area is full of starbucks and 2k a month condos. you're still a moron from the last time you tried to throw jabs and you will be the firstever to go on my blocked list. and the fact that you make fun of a screen name on an internet forum is laughable. you go ahead and continue being proud ofgrowing up in the hood Tupac, cause im damn sure gonna continue to not be ashamed i never spent a single night calling it my home.Originally Posted by phillypac
Originally Posted by JuJu
and starbucks decides one of your lots is a prime spot
STHU
why would they make there "prime spot" in a dump
them houses are cheap for a reason
i always thought u was on them rocks judging by ya sn but now with comments like this it's clear
you must not have been down woodward in a while. Those condos goin up are insane and people are all over them.Originally Posted by JJ1223
some of yall are real niave
people werent even tryin to live in the D when the auto industry was doing good
flip those houses and make a killingthat was a good laugh
by the time any of those houses will turn you a profit theyll probably have crumbled to the ground
with that said, if I had the money to spare I wouldnt mind moving down there
Originally Posted by Food4Thgt
Originally Posted by Mangudai954
RNS. Downtown supposedly. Just how bad is it dt?
I know, "RIP".
Originally Posted by wawaweewa
What the hell are you talking about?Originally Posted by SuperAntigen
Originally Posted by Toy Collector123
Sad part is, I could flip those houses and make a killing.
Bingo.
Many of you are so naive it's unbelievable. Like most cities, Detroit is having a huge economic downturn. Unlike most cities however, detroit doesn't have the luxury of some booming industry and/or sector to rely on. This is why it's in the state it's in. But you'd be a fool to think this is permanent. At some point in the future, industry is going to move back because of prime real estate and a prime labor force. Of course, with the arrival of what is essentially "new" money into the city, you'll see the development of restuarants, apartments, shopping malls, and more forms of economic growth.
Purchasing a crib, for cheap no less, and watching it appreciate is sweet icing on the cake. If i had loot, I would seriously be in detroit buying property and investing for the future.
...
"At some point......". At some point when? 50. 60. 100 years from now?
What's so "prime" about Detroit? They lived solely off of the US auto and auto parts manufacturers and those will not reach the heights that they once had in the US.
GM and Ford just opened new plants in Russia. Yeh, they basically told Detroit to *!%# off.
What "prime" real estate are you talking about? What "prime" labor force?
You'd be better off buying 16k worth of land in China or India and hoping to strike it rich in a few decades.
First, for any city to boom, one needs jobs and lots of them. Who the *!%# is going to bring jobs to Detroit nowadays?
I'll give you an example of a once vibrat industry laden area that turned to #%@! ala Detroit; Binghamton, NY.
Look where it's at now after 30 years of the industrial corp. leaving. It's still a ****hole.
You're dreaming if you think another boom is destined for Detroit in the near future.
I know some foreclosures were going as low as 4k or so I read.Originally Posted by eLNiNo4530
you must not have been down woodward in a while. Those condos goin up are insane and people are all over them.Originally Posted by JJ1223
some of yall are real niave
people werent even tryin to live in the D when the auto industry was doing good
flip those houses and make a killingthat was a good laugh
by the time any of those houses will turn you a profit theyll probably have crumbled to the ground
with that said, if I had the money to spare I wouldnt mind moving down there
In METRO detroit though you can cop for as low as 20k. I'm considering flippin a couple when i get outta school. Decent areas with homes couples are looking at as starter homes, can't beat it.
As of right now...DC and Detroit are like polar opposites...I don't know what the hell dude is talking about.Originally Posted by The R0yal Family
Originally Posted by Mangudai954
You're from DC, shush.
???DC is nowhere near as bad as Detroit.
Originally Posted by Im Not You
As of right now...DC and Detroit are like polar opposites...I don't know what the hell dude is talking about.Originally Posted by The R0yal Family
Originally Posted by Mangudai954
You're from DC, shush.
???DC is nowhere near as bad as Detroit.
Only a loyal native would rather live in Detroit than DC...
When's the last time you heard of somebody taking a vacation to Detroit?
u mean detroit, nevermindOriginally Posted by Mangudai954
RNS. Downtown supposedly. Just how bad is it dt?
I know, "RIP".
You don't know waht you're talking about. Seriously.Originally Posted by SuperAntigen
...
Originally Posted by Esco51
in the last 50 years the population of detroit has been cut in more then half. outsiders claiming a rebound or resurgence are ignorant to the real issues that plague the city and are naive to think one will occur anytime within the next 30 years. the recession has been alive since the 1950's in the D. its sad but ultimately the people of detroit have chosen their own fate.
Dude. Didn't you hear.Originally Posted by kix4kix
Lets just say anyone investing in Detroit is making a long-term investment, to say the least.....
if you think that sounds too good to be true, you don't know alot about detroit. it's serious there.Originally Posted by parada45
Sounds 2 good 2 be true
Originally Posted by wawaweewa
Dude. Didn't you hear.Originally Posted by kix4kix
Lets just say anyone investing in Detroit is making a long-term investment, to say the least.....
There's a coming boom in rural Pennsylvania.
All those steel mills that closed up shop in the late 80's and early 90's are going to be replaced by............eermmmmmmm.................
...Casino's.Originally Posted by wawaweewa
Dude. Didn't you hear.Originally Posted by kix4kix
Lets just say anyone investing in Detroit is making a long-term investment, to say the least.....
There's a coming boom in rural Pennsylvania. They have a huge (largely uneducated) labor force and great proximity to the Metro NY area and the coast.
All those steel mills that closed up shop in the late 80's and early 90's are going to be replaced by............eermmmmmmm.................
Originally Posted by Classy Freshman
...Casino's.Originally Posted by wawaweewa
Dude. Didn't you hear.Originally Posted by kix4kix
Lets just say anyone investing in Detroit is making a long-term investment, to say the least.....
There's a coming boom in rural Pennsylvania. They have a huge (largely uneducated) labor force and great proximity to the Metro NY area and the coast.
All those steel mills that closed up shop in the late 80's and early 90's are going to be replaced by............eermmmmmmm.................
Originally Posted by Im Not You
As of right now...DC and Detroit are like polar opposites...I don't know what the hell dude is talking about.Originally Posted by The R0yal Family
Originally Posted by Mangudai954
You're from DC, shush.
???DC is nowhere near as bad as Detroit.
Only a loyal native would rather live in Detroit than DC...
When's the last time you heard of somebody taking a vacation to Detroit?