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I suppose they could go back south where the cost of living is significantly cheaper. I live in a house one block away from beachfront on an island and probably
by hackula1 13y ago
I suppose they could go back south where the cost of living is significantly cheaper. I live in a house one block away from beachfront on an island and probably pay about what a one bedroom studio in Detroit costs. There is also a growing manufacturing base around here as well that employs a lot of the sort of people that would have worked in Detroit (welders, for example). Also, you don't have to live in Detroit ;)
- ipince 13y agoWhere do you live?
- hackula1 13y agoCharleston, SC
- tesseractive 13y agoIf the place is a completely unsafe wasteland occupied primarily by the indigent, I don't really understand why a one-bedroom studio would be particularly expensive. In fact, I would expect substantial vacancies and many affordable options for people willing to risk living there. Why isn't this the case?
- altcognito 13y agoIt is absolutely the case. City income taxes and property taxes do add up though. Any property you purchase you have to check to see what the lien is against the property. Anything for a dollar (http://www.theblaze.com/stories/2013/07/30/despite-astonishing-1-price-tag-this-detroit-family-home-has-been-on-the-market-for-519-days/ http://www.theblaze.com/stories/2013/07/30/despite-astonishi...) usually has a large tax lien that must be paid if you purchase the house. If you're not afraid of the locals (have a CCW permit and a shotgun), it's not the most ideal of locations.
- hackula1 13y agoWow, after looking on Craigslist at the real estate market, I cannot believe how cheap it is there. It really must be a supremely terrible place.