breadprincess: I'm a Michigander who works in real estate, and it's actually not as bad here as people think (though, granted, I work in what is easily the most affluent part of the state). The market, for the most part, has stabilized. There are some really, really nice houses on the market on the outer edges of Wayne county (e.g. Belleville), but the closer to you get to Detroit proper? You don't want to live there. A former coworker of mine had a house in Dearborn with her fiancee because it was cheap, and the whole thing ended up being gutted by looters (one of which her fiancee shot, and the police didn't give a damn). They ended up saying fark that and found more expensive but ultimately safer housing in Ann Arbor because she had a baby on the way and didn't want to deal with any nonsense.
KimNorth: Yes but what they fail to tell you is the people buying them are on welfare/HUD Housing or in a Union as those are the only ones with the money (tax payer money) to afford it.
CruiserTwelve: News: None of the houses were in Detroit.
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