Considering Warrendale

[SWMAP]

Gosh, the feeling keeps growing that Detroit is doomed. Who or what could manage or even rein in so much destruction? Why pay taxes at all if you would be able to just stay in yor house indefinitely? Does anyone pay taxes anymore? Certainly not the brokers with 100 houses. Not the landlords. And if you do have to give up the property - just fire-bomb it.

[corktownyuppie]

Gosh, the feeling keeps growing that Detroit is doomed. Who or what could manage or even rein in so much destruction? Why pay taxes at all if you would be able to just stay in yor house indefinitely? Does anyone pay taxes anymore? Certainly not the brokers with 100 houses. Not the landlords. And if you do have to give up the property - just fire-bomb it.

I don't think Detroit is doomed. But I do think entire swaths of the city will need to be sacrificed in order for a smaller, leaner Detroit to survive, start over, and grow. Which parts of the city? I'm too uninformed to speak intelligently to that. But I do know that I'd rather have 5 healthy blocks with 100% occupancy, rather than 50 blocks at 10% occupancy.

One would think that the people living on those blocks would agree.....

[softailrider]

Gosh, the feeling keeps growing that Detroit is doomed. Who or what could manage or even rein in so much destruction? Why pay taxes at all if you would be able to just stay in yor house indefinitely? Does anyone pay taxes anymore? Certainly not the brokers with 100 houses. Not the landlords. And if you do have to give up the property - just fire-bomb it.

If you do you'll be making the banks and mortgage companies very happy. They have at the very least, blanket insurance coverage on what they're owed. Trust me, they would rather have a settelment the Detroit property back that they made a stupid loan on.