Homesteading Today

Homesteading Today (http://www.homesteadingtoday.com/)
-   General Chat (http://www.homesteadingtoday.com/general-chat/)
-   -   Detroit files for bankruptcy . . . (http://www.homesteadingtoday.com/specialty-forums/general-chat/490776-detroit-files-bankruptcy.html)

unregistered353870 07/21/13 04:25 PM

I'm sure Detroit will recover, but not quickly. I haven't been there in at least 5 years, but there were nice areas of the city back then...and they were expensive! The cheap houses are in terrible neighborhoods.

Flint may never recover. You get what you pay for when you buy a cheap house there (except when it comes to taxes...you get much less than you pay for). Property values in Flint aren't just a matter of the market fluctuating/crashing like in the case of your house that you sold and then bought. Flint is cheap because it's a crime-infested dump. There are probably some nicer areas there too but I'm sure they're not cheap.

As for Arizona I don't know the town you mentioned, but I'm guessing the weather is a huge advantage there. I've liked Michigan when I've visited family there, but the older I get the less I can tolerate the weather. Cold doesn't bother me, but cold and wet or hot and humid are almost unbearable.

Nevada 07/21/13 04:35 PM

Quote:

Originally Posted by jtbrandt (Post 6671015)
Flint is cheap because it's a crime-infested dump.

It's a problem now, but that will change too. There are still a lot of people in Flint who were displaced by the auto industry. In a deep recession like we're having now they have no place to go. You can expect things to improve when conditions change.

unregistered353870 07/21/13 05:34 PM

The auto industry destroyed Flint back in the 80s. If they haven't figured out something else to do in the 25 or so years since, they might not ever.

Nevada 07/21/13 08:11 PM

Quote:

Originally Posted by jtbrandt (Post 6671077)
The auto industry destroyed Flint back in the 80s. If they haven't figured out something else to do in the 25 or so years since, they might not ever.

Flint's not going anywhere. It will reinvent itself eventually.

Nevada 07/23/13 03:43 PM

The court has spoken. The bankruptcy will go ahead.

http://www.nbcnews.com/business/mich...ing-6C10722280

arabian knight 07/23/13 05:47 PM

GOOD let it

Nevada 07/23/13 06:16 PM

This won't make any difference to the people who live in Detroit. They'll still have police & fire protection, the water will keep flowing, and the trash will still be picked up. The bankruptcy is all about getting relief from contracts. It's the retirement beneficiaries who will suffer.

JeffreyD 07/23/13 06:49 PM

Quote:

Originally Posted by Nevada (Post 6673612)
This won't make any difference to the people who live in Detroit. They'll still have police & fire protection, the water will keep flowing, and the trash will still be picked up. The bankruptcy is all about getting relief from contracts. It's the retirement beneficiaries who will suffer.

Police response times are near an hour now, fire department isn't that far behind. The cops won't even go into certain areas and the trash is building up in amounts that are astonishing. Thanks Liberals for showing the world how to ruin(run) a city into the toilet!

The retirees got the shaft again from their own party! Go liberals! Chicago is next up! Thanks Rahm!

Paumon 07/23/13 08:58 PM

Quote:

Originally Posted by Nevada (Post 6670996)

Detroit will recover. The city will eventually be re-purposed ......

Not to worry. Windsor is going to annex Detroit, knock it down and plow it all under. Then build greenhouses. :)

Nevada 07/23/13 09:29 PM

Quote:

Originally Posted by JeffreyD (Post 6673642)
Police response times are near an hour now, fire department isn't that far behind. The cops won't even go into certain areas and the trash is building up in amounts that are astonishing. Thanks Liberals for showing the world how to ruin(run) a city into the toilet!

The retirees got the shaft again from their own party! Go liberals! Chicago is next up! Thanks Rahm!

I don't expect things to improve after the bankruptcy. Do you?

lonelytree 07/23/13 09:55 PM

Quote:

Originally Posted by Nevada (Post 6673612)
This won't make any difference to the people who live in Detroit. They'll still have police & fire protection, the water will keep flowing, and the trash will still be picked up. The bankruptcy is all about getting relief from contracts. It's the retirement beneficiaries who will suffer.

And the total lack of leadership will ruin any chance of a decent retirement for people that worked hard for their money and benefits. Many more cities are in the same shape.

I fear that a poverty retiree class is going to emerge.

Nevada 07/23/13 10:33 PM

Quote:

Originally Posted by lonelytree (Post 6673831)
And the total lack of leadership will ruin any chance of a decent retirement for people that worked hard for their money and benefits. Many more cities are in the same shape.

I fear that a poverty retiree class is going to emerge.

As I understand it, Detroit has been ruled be a czar appointed by the republican governor.

unregistered353870 07/23/13 11:13 PM

Quote:

Originally Posted by Nevada (Post 6673863)
As I understand it, Detroit has been ruled be a czar appointed by the republican governor.

Not for the last 50 plus years. The "czar" just came along in the last few years (if that) he didn't create the problems, it's just his job to try to make the best out of a terrible situation that took decades of corruption and mismanagement to create.

JeffreyD 07/24/13 02:22 AM

Quote:

Originally Posted by Nevada (Post 6673863)
As I understand it, Detroit has been ruled be a czar appointed by the republican governor.

Yeah so? What happened for the last 50 or so years? Liberal control, that's what happened!

JeffreyD 07/24/13 02:23 AM

Quote:

Originally Posted by Nevada (Post 6673803)
I don't expect things to improve after the bankruptcy. Do you?

Nothing will improve Detroit except a nuke!

bowdonkey 07/24/13 02:38 AM

Quote:

Originally Posted by Paumon (Post 6673771)
Not to worry. Windsor is going to annex Detroit, knock it down and plow it all under. Then build greenhouses. :)

Sounds good. You ever see all those big greenhouses in Leamington?

lonelytree 07/24/13 11:17 AM

Quote:

Originally Posted by Nevada (Post 6673863)
As I understand it, Detroit has been ruled be a czar appointed by the republican governor.

Touche.

arabian knight 07/24/13 12:50 PM

Quote:

Originally Posted by lonelytree (Post 6674304)
Touche.

This all started LONG before ANY R Czar was around. The White population exodus started WAY back during the horrible riots and the KKK running things. Look WAY back not just the last few years to TRY and put the blame on a R.
Whites got out of Detroit proper so fast they moved into houses that were not even finished yet they wanted to get out so fast from those bad areas RUN by blacks.


All times are GMT -5. The time now is 12:54 PM.