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Forbes -America's Most Abandoned Cities (NOT NY)

Started by kingdeka
almost 17 years ago
Posts: 230
Member since: Dec 2008
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Kind of a fun article to read. A lot of cities are in a very bleak economic situation right now. NYC was actually a bright spot on the list. http://www.forbes.com/2009/02/12/cities-ten-top-lifestyle-real-estate_0212_cities.html
Response by alanhart
almost 17 years ago
Posts: 12397
Member since: Feb 2007

It's too bad rufus was banned from streeteasy, because the subtext throughout that article is that Chicago's deathward march is accelerating.

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Response by Sizzlack
almost 17 years ago
Posts: 782
Member since: Apr 2008

Wow was he really banned? I thought he maybe had killed himself.

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Response by alanhart
almost 17 years ago
Posts: 12397
Member since: Feb 2007

rufus was so persistent (and consistent) that he'd still post even if he had killed himself. He, his aliases, and similar but much much more annoying "metalhead" all disappeared at the same time, so I'm assuming they were banned.

Or maybe they just went skiing for Presidents' Week.

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Response by InvestorMan
almost 17 years ago
Posts: 135
Member since: May 2008

It is rather depression. I was born and raised in the suburbs of #5; Dayton, Ohio. It is beyond what many of you think. I remember looking back in 2006 and there were, just in the Dayton city limits, over 1000 homes for sale (I'm talking beautiful, 1890-1930, Victorian/Farmhouse/Bungalow style) homes for less than 50k.

There are many homes, in not so nice neighborhoods (but nice houses, none-the-less) selling for less than 20k. I've seen a few as cheap as 7k. 7k for a house...

When I go back now and drive the streets, many of the neighborhoods are ghost towns. You could build a battleship with the amount of real estate and foreclosure signs staked in the yards.

It's pretty depressing when you take a formerly prosperous and thriving industrial town and remove it's main employer; in this case, the auto industry. The decay isn't pretty.

Makes me wonder what really happens to NYC. Sure, it's a diverse city filled with many different industries, but it's tough to say that Wall Street and it's relateds aren't a large portion (income and actual employment, wise). When you gore this main driving industry, it can be a recipe for disaster.

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Response by InvestorMan
almost 17 years ago
Posts: 135
Member since: May 2008

depression = depressing. I can't think today, for some reason.

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