InvestorsHub Logo
Followers 4
Posts 1664
Boards Moderated 0
Alias Born 09/25/2001

Re: ajtj99 post# 108201

Tuesday, 09/18/2007 1:22:23 AM

Tuesday, September 18, 2007 1:22:23 AM

Post# of 148479
<<Dr. Marc Faber says Detroit real estate is probably the only reasonably priced real estate out there, but even if houses are selling for less than cars in Detroit, I don't think people are going to be loading up the truck to move there.>>

I agree with your comments but I see it boiling down to job growth. Detroit may be affordable, but the number of jobs isn't increasing, and is probably contracting.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.