steveo777 wrote:Slucero, I don't see Detroit in your example. All indications are that this place is going Mad Max. Ever seen the movie?
My belief is that this place is going to die off, therefore, any investment in real estate there, whether it be for long or short term is a calculated loss. Ford Motor Company, headquartered nearby, is probably one of the wealthiest companies within radius. I doubt, even they, will remain there much longer. Should they pull the plug, that place is going to be barren waste land. What does that leave.....pimps, ho's and drug trade? Not sustainable. The rest of em will just kill each other off, as there won't be any incentive to do much else. The city needs to attract high tech manufacturing companies with corporate tax incentives to come there and create jobs. I don't see that happening either, as the city already has a bad reputation as a slum. What else is there for this place, if it can no longer foster industry?
I actually considered going in and buying up some older neighborhoods, full city blocks, all the foreclosures within, then fixing them up. I was going to turn them all into subsidized housing districts, but then I figured my investments would just be destroyed by the thugs within and that my properties would be in a constant state of disrepair or disaster, not to mention that several insurance companies wouldn't touch this idea with a 10 foot pole. I thought a nice 1800 sq ft house would be worth at least $25,000 in a stealer's market. Nope....worth about $2500!!!
Detroit isn't there as I wasn't being specific... about Detroit... just as there are "pockets of prosperity" regarding the real estate market.. there are "pockets of crime"..
Detroit is an example.. but the FBI study shows it to not b the norm..
JRNYMAN wrote:Thanks for the clarification and the education on the deployment of armed forces et al, here in the states.
So then to generalize the point I was making and not to specify anyone individual as being the one to activate the Guard...
I wonder what it will take before the National Guard is called up to restore order and protect the lives and property of the innocent caught in the literal crossfire.
Regarding the articles and studies you provided regarding the decrease in crime and violent crime...
That may very well be true across the board but, Detroit is the exception as evidenced by the stories and news reports that continue to come out of that city day after day, year after year.
Not being a smartass Slucie but I have to ask...
Was the point of your post to debunk everything I stated in mine? Is your argument that the armed forces can't be deployed and utilized due to policies and orders in place and also that, according to studies and articles that have been published which contradict the reports of dramatically increased crime statistics, the reports coming out of Detroit are incorrect?
Not sure what your point is...
Not to debunk you at all man.. just to provide some context regarding crime in general.. sorry if I confused you.
steveo777 wrote:
I think he thinks that the article might just be spin matter in an election year, for whatever political purpose it might serve. I'm still trying to figure it out.
Actually I don't think it's a spin for anything.. just an article about a city in decline...
I was just providing the info for Jman... nothing more than that.... sorry to have confused you.