Report: Pulte HQ Bailing out of Detroit

**michimoby** · May-30-13, 10:43 PM

http://detroit.jalopnik.com/pulte-re...es-t-510590363

That's incredibly surprising, especially considering Bing's singling out of Pulte's efforts to clear up blight during his SOTC address.

ATL isn't terribly surprising, but I'd be interested to hear the reasons behind it.

**Novine** · May-30-13, 10:49 PM

Right-to-work and slashing business taxes wasn't the panacea that Snyder and his cohorts in Lansing painted it to be? Let's see what Synder and the spin machine have to say about this news.

**Cincinnati_Kid** · May-31-13, 07:37 PM

Originally Posted by Novine

Right-to-work and slashing business taxes wasn't the panacea that Snyder and his cohorts in Lansing painted it to be? Let's see what Synder and the spin machine have to say about this news.

Totally agree, Snyder's underhandedness has come back to bite him in the _ss. No matter how you spin it, losing Pulte is a big loss, but he will poo-poo it as being not a big deal, as he usually does. Companies aren't "busting through doors" to move to Michigan, I hope this isn't the start of a trend.

**poobert** · June-01-13, 09:09 AM

Originally Posted by Cincinnati_Kid

Totally agree, Snyder's underhandedness has come back to bite him in the _ss. No matter how you spin it, losing Pulte is a big loss, but he will poo-poo it as being not a big deal, as he usually does. Companies aren't "busting through doors" to move to Michigan, I hope this isn't the start of a trend.

He issued a statement saying this clearly means we need to keep working to make Michigan more "business friendly." Whoever programs these cyborgs for the Republicans has to get some credit, they're pretty consistent, whereas any human would relent in the face of overwhelming evidence that what we're doing isn't working.

**illwill** · May-30-13, 10:56 PM

That hurts BAD!!

**stasu1213** · May-31-13, 04:46 AM

He probably finally named a price but was turned down

**313WX** · May-31-13, 05:25 AM

lol........

**401don** · May-31-13, 07:46 AM

Originally Posted by michimoby

http://detroit.jalopnik.com/pulte-re...es-t-510590363

That's incredibly surprising, especially considering Bing's singling out of Pulte's efforts to clear up blight during his SOTC address.

ATL isn't terribly surprising, but I'd be interested to hear the reasons behind it.

Don't confuse the grandson with the company. The family no longer runs it.

**iheartthed** · May-31-13, 08:51 AM

Now that Detroit has sprawled itself to death why not go to Atlanta?

**drjeff** · May-31-13, 09:32 AM

Originally Posted by iheartthed

Now that Detroit has sprawled itself to death why not go to Atlanta?

In terms of sprawl, Atlanta makes Detroit look like a piker.

**Bham1982** · May-31-13, 09:36 AM

Originally Posted by drjeff

In terms of sprawl, Atlanta makes Detroit look like a piker.

Even the city proper of Atlanta looks much sprawlier than the suburbs of Detroit [[at least the older ones). Atlanta might be the global poster child for unchecked sprawl.

I think the new Pulte CEO is an Atlantan, so not a gigantic shock, though disappointing. I know the Pulte family now longer as any involvement.

I don't exactly "get" Atlanta, and why they've attracted so many corporations. One of the worst major U.S. metros, IMO. They probably have a favorable corporate tax climate, but so does Michigan, and lots of other states. States have been falling over each other trying to whore themselves out to corporations, while cutting programs that actually benefit their electorate.

**TKshreve** · May-31-13, 09:55 AM

Originally Posted by Bham1982

Even the city proper of Atlanta looks much sprawlier than the suburbs of Detroit [[at least the older ones). Atlanta might be the global poster child for unchecked sprawl.

I think the new Pulte CEO is an Atlantan, so not a gigantic shock, though disappointing. I know the Pulte family now longer as any involvement.

I don't exactly "get" Atlanta, and why they've attracted so many corporations. One of the worst major U.S. metros, IMO. They probably have a favorable corporate tax climate, but so does Michigan, and lots of other states. States have been falling over each other trying to whore themselves out to corporations, while cutting programs that actually benefit their electorate.

Granholm, in her book, acknowledged this concept of states competing over corporate headquarters. These companies shop around for the cheapest state in which to do business. It reeks of titanic deck chairs on a national level.

**canuck** · May-31-13, 09:13 AM

Mr Sprawly on Atlanta: "Been there, done that."

**professorscott** · May-31-13, 09:24 AM

Most recent data I could find on this:

Median home sales price, metro Detroit: $98,250
Median home sales price, metro Atlanta: $185,000

As the bank robber Willie Sutton is supposed to have said when asked why he robbed banks, "that's where the money is".

**rb336** · May-31-13, 12:36 PM

Although I recall making a similar statement about Comerica, but local and state govt. units still use them

**313WX** · May-31-13, 12:54 PM

Originally Posted by rb336

Although I recall making a similar statement about Comerica, but local and state govt. units still use them

Part of the reason is because they're about the only bank here that has locations/ATMs all over and don't go by the name of "Chase" and "Bank of America."

**rb336** · May-31-13, 09:48 AM

Yeah, Rickie's policies sure did keep them around. So far in his -- how many years? -- the only major corporate "get" was another state getting one of our companies

**Bham1982** · May-31-13, 09:52 AM

Originally Posted by rb336

Yeah, Rickie's policies sure did keep them around. So far in his -- how many years? -- the only major corporate "get" was another state getting one of our companies

The only reason the state is doing ok right now economically is because of the auto industry bailout, which, of course, the Republicans opposed.

Snyder's economic scorecard only looks stronger than Granholm's because of fortunate timing. He seems to think that corporations want the absolute cheapest, least regulated environment, yet why are corporations in California and New York and not Mississippi and Arkansas?

**rb336** · May-31-13, 12:03 PM

Originally Posted by Bham1982

The only reason the state is doing ok right now economically is because of the auto industry bailout, which, of course, the Republicans opposed.

Snyder's economic scorecard only looks stronger than Granholm's because of fortunate timing. He seems to think that corporations want the absolute cheapest, least regulated environment, yet why are corporations in California and New York and not Mississippi and Arkansas?

lest we forget, for the last three years of the Granholm administration, Michigan ranked near the top [[and at #1 one year) for drawing new investment from out-of-state companies, according to a national corporate real estate journal [[which I can't recall, but posted it here about a half-dozen times)

**belleislerunner** · May-31-13, 12:15 PM

It sucks their leaving - make no mistake about it - but it's the CEO's personal affinity for Atlanta [[the Detroit of the South) and nothing more. There was nothing Detroit could do to keep them. It wasn't motivated by anything other than Dick Jr [[what a name for a CEO) wanted to get back to Atlanta where his family is [[he used to be CEO of their Atlanta region). Personal greed, pure and simple, at the expense of everyone else. We should be glad Gilbert called him, and the board, out for what they are. Spineless. That's Gilbert sticking up for this hometown pride - not being nasty.

**Brian1979** · June-10-13, 02:11 AM

Originally Posted by belleislerunner

It sucks their leaving - make no mistake about it - but it's the CEO's personal affinity for Atlanta [[the Detroit of the South) and nothing more. There was nothing Detroit could do to keep them. It wasn't motivated by anything other than Dick Jr [[what a name for a CEO) wanted to get back to Atlanta where his family is [[he used to be CEO of their Atlanta region). Personal greed, pure and simple, at the expense of everyone else. We should be glad Gilbert called him, and the board, out for what they are. Spineless. That's Gilbert sticking up for this hometown pride - not being nasty.

Gilbert has no business even commenting on this, if a busness wants to relocate that is their business, why should we be glad that Gilbert made himself look like a child?

**Wesley Mouch** · May-31-13, 02:49 PM

Originally Posted by Bham1982

The only reason the state is doing ok right now economically is because of the auto industry bailout, which, of course, the Republicans opposed.

Snyder's economic scorecard only looks stronger than Granholm's because of fortunate timing. He seems to think that corporations want the absolute cheapest, least regulated environment, yet why are corporations in California and New York and not Mississippi and Arkansas?

You might want to look a bit more into where corporations are moving from and to.

http://dfw.cbslocal.com/2011/05/18/t...om-california/

You may have noticed a few auto plants in Alabama here and there. Nice wages and benefits too.

I think you would find that the trend is away from NY/CA and to the south and southwest [[AZ, TX).

**Bham1982** · May-31-13, 02:55 PM

Originally Posted by Wesley Mouch

You might want to look a bit more into where corporations are moving from and to.

http://dfw.cbslocal.com/2011/05/18/t...om-california/

You may have noticed a few auto plants in Alabama here and there. Nice wages and benefits too.

I think you would find that the trend is away from NY/CA and to the south and southwest [[AZ, TX).

Texas is a special case because of energy and the Mexican border. Those are inherent advantages independent of corporate tax policy. Almost all the other low tax, no regulation states are the poorest in the country [[MS, AL, OK, KY, etc.) and NY and CA both have current growth rates that exceed the national average [[and the NYC metro, by far, leads the nation in net jobs gained since last recession, and the SF metro leads the nation in median household income).

**jerrytimes** · June-01-13, 10:42 PM

Originally Posted by Bham1982

The only reason the state is doing ok right now economically is because of the auto industry bailout, which, of course, the Republicans opposed.

Snyder's economic scorecard only looks stronger than Granholm's because of fortunate timing. He seems to think that corporations want the absolute cheapest, least regulated environment, yet why are corporations in California and New York and not Mississippi and Arkansas?

You're too entertaining.

**poobert** · May-31-13, 10:06 AM

Originally Posted by rb336

Yeah, Rickie's policies sure did keep them around. So far in his -- how many years? -- the only major corporate "get" was another state getting one of our companies

Further proof that we need to further lower business taxes and cut spending to universities. We should just keep doing what isn't working until it does.

I'm still waiting with bated breath for my grocery prices to fall after the repeal of the item pricing law.

Pretty weird how motorcycle insurance rates increased since the repeal of the helmet law. There can't possibly be a correlation there, despite what the insurance companies are telling us. Yet I can still get a $65 seat belt ticket. Hopefully that will be money well spent on tax cuts for big corporations that leave the state.

Rick Snyder is, and always will be, a bag of dildos.