Quote:
Originally Posted by piece-itpete
Rob, that's fantastic! I figure I'll die in the traces.
You mean SOMEONE is going to do SOMETHING in Detroit?
Pete
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The land is nearly worthless. There is little property tax to pay on worthless land. They are gambling that, in time, the city will rise again.
Believe it or not, Pete, some people still take the long view and gamble on the future.
Just because the city is in the mess it's in today, doesn't mean it will be forever.
Dave