  Steelworker Member Username: Steelworker Post Number: 866 Registered: 02-2004 |
Foreclosures are so high that homes previously low at 70 grand are going for car prices. Not a very glowing article ive read on the front page of MSN webpage. "After selling house after house in the Motor City for less than the $29,000 it costs to buy the average new car, the auctioneer tried a new line: "The lumber in the house is worth more than that!"" http://realestate.msn.com/Buyi ng/Article2.aspx?cp-documentid =4349836 | ||
Steelworker Member Username: Steelworker Post Number: 867 Registered: 02-2004 |
There is also a 5 min video about detroit on CNBC. All about local economy. Its by Detroits old newsguy Mike Huckman. Dennis Archer even comments on it. | ||
Steelworker Member Username: Steelworker Post Number: 868 Registered: 02-2004 |
http://video.msn.com/v/us/Mone y.htm?g=7E09570F-33CA-464C-AC4 7-AF523E598D1D&t=s216&f=15/64D etroitForeclosures&p=hotvideo_ money%20top%20ten&fg= | ||
Southwestmap Member Username: Southwestmap Post Number: 782 Registered: 01-2005 |
Both the video and the MSN article were thoroughly discussed on this Board about two weeks ago. | ||
Ndavies Member Username: Ndavies Post Number: 2539 Registered: 10-2003 |
We already covered this a few weeks ago when the story first hit: https://www.atdetroit.net/forum/mes sages/5/97336.html?1174590758 | ||
Steelworker Member Username: Steelworker Post Number: 871 Registered: 02-2004 |
ehhh sorry folks I saw this for the first time on the front page of MSN site. And ive been home for 2 months and didnt ever remember a thread on it. Sorry |
