Quote:
Originally Posted by L-Pink
Look at homes that are a little more expensive they are also very cheap right now. A number of factors hit Detroit ... unemployment, housing in general, etc. The biggest factor I believe is population exodus. Everyone wants out and no-one sees a reason to move in.
Supply and demand to an extreme. With each new family moving to another area one more house with no potential buyer drags the rest lower.
.
|
Makes sense. But still, it can't possibly be worse than Soviet Russia. All I really need is just a place in the US. Since my business is EU-based, life in the US will be a lot cheaper.