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Did any one see the part on CNN today that did a part on homes across michigan burning?
It said that people are so desprate in Michigan and can not sell their homes they are trying to get out of the bad situation by burning them. One local law inforcment officer said that they were not bad people, the were good people just in a very desprate situation, they also said that the law was not giving prosicuting some and giving very easy sentances on others. I can still remember people saying that things were getting better last april. I doubted it highly then and I can tell you now that if you do not own a home in michigan now do not buy one,Think twice before moving to michigan. |
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That's not from being desperate, that's from being spiteful and destructive and greedy.
It's one thing to lose a home you could not afford. Maybe you were too gullible and fell for a subprime interest-only payment loan or you wanted to impress your friends by a bigger house than you could afford. Or you misjudged the economy and your ability to hold a job -- but to destroy property out of spite or to try to win some insurance money? Anyone doing this should be sent to prison for a long long time. |
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I totaly disagree, you have to walk a mile in a persons shoes before you can say what kind of person he she is. Its always easy to be a arm chair quarterback.
People do desprate things when they feel there is no way out. I for one will not judge people who feel that they are in a situation that they can not get out of. |
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Whatever...... I'm looking to buy my 2nd house in Michigan and not gonna burn either one. I'll have one in the lower and one in the upper.
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Arson is arson doesn't matter what the people are feeling. Lock them up!
As for buying a home in Michigan, it is no different that any other state right now. I personally am going to be buying one soon. And if the market keeps up like it is, just may start getting property as well. Now is the perfect time to start buying in Michigan, last month the home values started to rise again in some areas, and it is a buyers market still. |
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I dont buy it for one min. that homes in some places are rising in price. every thing is dropping and the taxes are rising. Post proof of what you say is true, and not anecdotal talk. Post a link to a news paper besides the onion that states what you say.
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Money -- that's all that matters so they can go on buying what they can't afford and if babies die in the fires, if neighbors can't get out in time -- so be it. And what about the property values of the neighbors when the neighborhood has these burned out homes? |
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This time I will make an exception. For one I haven't a clue what "the Onion" is, and by the name don't care to either. Grand Rapids Statistics - Home Values - Grand Rapids, mi home prices are over the course of 2-5 years, most housing professionals and investment professionals agree that you shouldn't buy if you don't plan on being in that home for less than 5 years. Home prices by city - MSN Money This breaks it down by home prices for the first quarter of the year so far, the last year overall, and the 5 year mark. While there had been a general decline last year over all there have been gains so far into the first quarter (which is what I was saying) and generally a gain over the 5 year mark. The highlight areas are: ......Area..............................Rank....1s t 1/4...year....5 year Ann Arbor, MI........................274......0.75....-7.94.....1.89 Detroit-Livonia-Dearborn, MI.....259.....0.51....-6.13....-1.61( slight loss at 5 year, but recent gain) Grand Rapids-Wyoming, MI.......239......0.40....-2.98.....8.33 Holland-Grand Haven, MI.........195.......0.76....-0.24....11.20 Lansing-East Lansing, MI.........228.......0.89....-2.37....11.84 The list is long and I don't really want to copy more of it. There are a couple of legit sites that are saying the same as I did, so far I haven't found anything of the story you posted at the start of the thread. Link please! |
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