U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Michigan
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-11-2009, 03:15 PM
 
Location: Omaha, NE
90 posts, read 260,256 times
Reputation: 33

Advertisements

Quote:
Originally Posted by allistercrowly View Post
I have a friend in North Michigan who says that things are very bad in North Michigan for most everything but building in particular. He said that probuild who had over 35 employees has laid off all but 11. They are on a skeleton crew. My uncles old home I worked on years ago in the 70s was just sold at auction for 18k. It cost more than that for building materials when it was built. I can not believe what I am seeing in Michigan. Homes in Gaylord were up to 175k for an avg. middle of the road home. And now I can think of 20 people who have moved and let their homes go to the bank just off the top of my head. It is not looking good. Anyone else have similar stories?
Wow that's pretty grim. I was born & raised in Warren, Michigan went to CenterLine Schools. I moved out of Michigan in 1978 and went to Dallas/Fort Worth Texas, in 1990 I moved to Columbus, Ohio and in 2004 I moved to Tulsa, OK. My parents died so I only have a few people I know there in Michigan now. It's really sad to see my home state get so bad. Detroit is very bad. Back in the 1920's Detroit was a very nice city to live in- things really changed since then. The Michigan Wolverines also are doing bad.. We sold our parents home back in 1998 when my mother died.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 05-11-2009, 03:53 PM
 
Location: Worthington, OH
693 posts, read 2,184,377 times
Reputation: 297
Well I was shocked by this news, what would be the implications for Michigan if GM really did relocate?

GM CEO: Bankruptcy Likely; Firm May Leave Detroit - Automotive * US * News * Story - CNBC.com (http://www.cnbc.com/id/30682967 - broken link)
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-11-2009, 06:01 PM
 
Location: Grosse Ile Michigan
30,337 posts, read 75,355,285 times
Reputation: 38557
They would be lucky to get $250 million for the Ren Cen at this time, especially with the primary tenant leaving.

They talked about moving GM to the Chrysler building in Auburn Hills when a merger was discussed. Now maybe they could just buy the building from Chrysler. Maybe Chrysler will trade, they have not owned the Ren Cen yet.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-11-2009, 06:07 PM
 
Location: Huntington Woods, MI
1,742 posts, read 3,828,896 times
Reputation: 683
This is why I'm looking to relocate. Not that I hate the area, but I cannot watch this anymore. It's like watching someone bludgeon your relative and you can't do anything about it.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-11-2009, 06:21 PM
 
Location: Omaha, NE
90 posts, read 260,256 times
Reputation: 33
GM may move overseas. Michigan has some serious problems, I don't know it can ever turn around Unemployment is over 12% and jobs leaving.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-11-2009, 06:33 PM
 
Location: Omaha, NE
90 posts, read 260,256 times
Reputation: 33
Quote:
Originally Posted by actinic View Post
Michigan is turning out to be a big urban experiment ... the state needs to shed 10% - 20% of its current population til some type of equilibrium is found. Obviously there's way too many people for the jobs available, something that's been going on for some time now.

Some would say fewer people is just fine as long as taxes don't get out of hand and unemployment benefits don't last to perpetuity to turn it into one big welfare state.

If jobs are available people will come. Til then they'll need to move and find employment elsewhere.
The state can do alot to attract new business to Michigan by lowering taxes and things like that, but they won't. As it is now the best bet would be that if your jobless in Michigan to move elsewhere anyplace would be better than Michigan,-- Columbus, Ohio, Indianapolis, IN would be better and it's not that far away.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-11-2009, 07:21 PM
 
1,012 posts, read 2,463,410 times
Reputation: 461
Quote:
Originally Posted by allistercrowly View Post
I have a friend in North Michigan who says that things are very bad in North Michigan for most everything but building in particular. He said that probuild who had over 35 employees has laid off all but 11. They are on a skeleton crew. My uncles old home I worked on years ago in the 70s was just sold at auction for 18k. It cost more than that for building materials when it was built. I can not believe what I am seeing in Michigan. Homes in Gaylord were up to 175k for an avg. middle of the road home. And now I can think of 20 people who have moved and let their homes go to the bank just off the top of my head. It is not looking good. Anyone else have similar stories?
Yeh. My parents used to live in West Branch until 14 months ago. They finally sold their home, but lost like 30% of the value. They felt they were desperate and had to get out, so they took what they could get for the house and left. They live in east lansing now, while I moved to Phoenix. I was in West Branch just recently and cant belive how economically depressed the area--and the entire state--has become. Very sad to see a nice area go so bad. West Branch and all those small towns nearby have become nothing but desperate people living in trailers and shacks. A few of West Branch's largest employers were reliant on the auto industry, and have closed as the industry goes down hill. West Branch is almost nonexistant anymore as everyone I know has left. The only jobs people in West Branch have anymore are the school system and Walmart. So sad. I'm sure the Smiley Watertower is sad too.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-11-2009, 07:28 PM
 
1,012 posts, read 2,463,410 times
Reputation: 461
Quote:
Originally Posted by MittenDweller82 View Post
Well I was shocked by this news, what would be the implications for Michigan if GM really did relocate?

GM CEO: Bankruptcy Likely; Firm May Leave Detroit - Automotive * US * News * Story - CNBC.com (http://www.cnbc.com/id/30682967 - broken link)
I heard the news today. My prediction is that they will likely relocate to California, where they can compete with the Japanese; Texas, cuz things are doing better there; New York City; Wilmington, DE, where their creditor is; or the Washington DC area, where the GOV can run them.

Mark my words if/when GM moves out of Michigan, the state will totally implode if you think things are bad now. The thousands of employees at GM in MI will lose their jobs, worse than now. They will either lose their homes or be forced to sell them. Housing values will plummet. The remaining Big 2 may even think of leaving. Land values will fall. And people in Michigan will really leave by the droves, worse than now. Trust me, GM leaving will devastate the state. But GM will do whatever it must to survive, including leaving the Wolverine State.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-11-2009, 07:34 PM
 
1,012 posts, read 2,463,410 times
Reputation: 461
Quote:
Originally Posted by sauerkraut145 View Post
The state can do alot to attract new business to Michigan by lowering taxes and things like that, but they won't. As it is now the best bet would be that if your jobless in Michigan to move elsewhere anyplace would be better than Michigan,-- Columbus, Ohio, Indianapolis, IN would be better and it's not that far away.
Indianapolis is nice. Not that far away either. It is doing significantly better than the rest of the Midwest as a whole. There is actually some job growth. It was ranked as the best city for college grads, according to Forbes. It has 2pro sports teams. Downtown redevelopement. Cost of living is the most affordable in the country. Eclectic neighborhoods to choose from. Very family friendly suburbs. And the Indy Metro area is the fastest-growing in the Midwest. There's some cool things to do as well.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-11-2009, 08:43 PM
 
1,012 posts, read 2,463,410 times
Reputation: 461
the key to economic improvement in Michigan is three things: lower corporate taxes to keep business from wanting to leave, invest in tertiary economic activities of the future (research, developement, education and healthcare), and have jobs to keep the educated in the state.

But northern MI is in shambles. My parents lived up in West branch 'til 14 months ago. They finally sold their house, but got 30% less than what they wanted. They took their money and ran with what they could get for it, cuz the wanted to leave so badly. West Branch is almost a ghost town. The only major employers are now Walmart, the hospital and the school system. the factories relied on GM and shut down awhile ago. Most of the town is trailer park. Very sad up there. I live in Arizona now, thankfully dont live there anymore. ALL my friends and family who used to live there are gone as well.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Michigan
Similar Threads

All times are GMT -6.

© 2005-2023, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top