Originally Posted by
Bham1982
Metro Detroit is not that cheap. Median home prices are higher than in most other Midwest metros.
If you have or want kids there are like 10 school districts with decent schools, and they're all fairly expensive. If you want a lively downtown + good schools there are like two or three districts and the prices are almost as high as on the coasts.
Then there are high property taxes, high gas costs, no public transit, really, weather issues, deteriorating infrastructure, etc. In terms of what you get, is Metro Detroit really that "cheap"?
And property values barely budge over time. What's "cheaper"? A 500k home that doubles in value over 10 years or a 150k home that's still worth 150k in 10 years? I would say the former. Metro Detroit is the latter.