detroits beautiful, horrible decline

[casil403]

CBC's "The National" with Peter Mansbridge just did an expose on Detroit Monday this past week...the average purchase price of a house in Detroit these days is apparently $6000...and foreclosure is the biggest business right now. The journalist doing the story was dumbstruck after touring foreclosed houses with a realtor who works for the banks. One house they were touring was on the market for $500. Gotta say I was a bit dumbstruck too.

They also have included exposes on the real estate market in Florida and Windsor, Ontario this week as well....very interesting and sad....

They might be doing more cities this week if anyone is interested