3 ms·

I think that's his point. If the city is a disaster, with a shrinking population, and lax zoning laws -- why are prices continuing to rise?

• seibelj 8y ago
  My point is that this is not a city to use in any argument. Their situation is so unique as to be irrelevant to any aggregate statistic.
  • empath75 8y ago
    It’s a worst case scenario for property values and they’re still going up. That’s a perfectly valid example.
    • seibelj 8y ago
      Maybe they went to zero during the crisis and then went up? If they went down, perfectly valid to ignore them, no? I think we should exclude extreme examples in these debates. The data backing the arguments up are random at best
      • TomMckenny 8y ago
        They did not go to zero. They did not even go as low as 2009. The water crises started in Apr 2014 resulting in a brief drop of typical sized followed immediately next quarter by a record breaking rise to record high prices even though sales were low before it. http://www.city-data.com/housing/houses-Flint-Michigan.html http://www.city-data.com/housing/houses-Flint-Michigan.html
  • megy 8y ago
    Well sure, it makes it easier to ignore depending on the point you are trying to make.