Lifted from Ace of Spades HQ here.

You're welcome, Aridog.

Ah, yes...but we're gonna fix all that with higher taxes to attract business and create jobs. What? Stop giggling!! This instant!!

We are only one notch away from surpassing Mississippi in unemployement...when we're 50th, you'll eat them giggles, I tell ya.

Realtor Ron Walraven had a three-bedroom house in the suburb of Bloomfield Hills that had listed for $525,000 sell for just $130,000 at the auction.

"Once we've seen the last person leave Michigan, then I think we'll be able to say we've seen the bottom," he said.

I feel guilty about chuckling over this, but whatcha gonna do?

It's really depressing to see a once great city rot away. There's something about once grand neighborhoods decaying from neglect and vandalism that really, really bothers me.

It's not known as "that sewer south of 8-Mile" for nothing.

Detroit has gotten where it is with the help of forty years of uninterrupted, far-left liberal government. Now, with the Berkeley-educated, Canadian governor, that same level of governance is now being imposed at the state level.

A very good friend (and frequent contributor to Cap This!) lives in one of the Oakland county burbs. Her house has been on the market for a year and half with only two lookers. She's been out of work for three years.

I'm not even looking for work, and I've had three requests for interviews in the last week. It sucks.

Read "The New American Ghetto" sometime.

That's really sad. When we lived in Mt. Clemens (1965-66), at Christmas we would drive to the Boston-Edison area and look at some of the ritzy homes with all their decorations, like the Henry Ford mansion.

Her house has been on the market for a year and half with only two lookers.

That's just awful, V the K.

When we looking for a house in the autumn of '05, there were numerous new listings that sold before we could even make an appt. with our realtor to look (we are in WA). Houses in our development seem to be selling in 1-3 weeks, occasionally longer but we've never seen anything stay on the market for 2 months. I'm sorry for your friend, that would be terribly depressing and discouraging.

My state is heading the same way.

Realtor Ron Walraven had a three-bedroom house in the suburb of Bloomfield Hills that had listed for $525,000 sell for just $130,000 at the auction.

Good lots don't sell for $130,000 in the actual village of Bloomfield Hills. Things are tough here, but not that tough. Not everyone is out of work or poverty stricken. Also, I know of almost no "3 Bedroom" homes in Bloomfield Hills.

Either this was in one of adjacent "Bloomfield" locations, or the house was a total wreck and brought only the lot value. My guess is that it was in "Bloomfield Township", adjacent to Pontiac, instead of the old money Bloomfield Hills, adjacent to Birmingham.

Either way, this one I can check through Realtor sources. We'll see.

Just the exact oppposite of the problem we have in Seattle. Working class people cant afford homes in the city or outlying areas anymore.

Ah, but will the elephant in the room be spoken of? That's what I want to know....

Kevin, I just had a visit from the UPS man. Thanks!

Texas Rainmaker has a good article on this subect.

Baghdad... or Detroit?









Answer:
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All are in Detroit.
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Some things are new!!