You Do the Math
I guess it all depends on one's definition of "renaissance".
ChiTrib: Detroit's outlook falls along with home prices
DETROIT — It may be tough to get financing for a new car these days, but in Detroit you can buy a house with a credit card.
The median price of a home sold in Detroit in December was $7,500, according to Realcomp, a listing service.
Not $75,000. Remove a zero—it's seven thousand five hundred dollars, substantially less than the lowest-price car on the new-car market.
Among the many dispiriting numbers that bleakly depict the decrepitude of this onetime industrial behemoth, the steep slide of housing values helps define the daunting challenge to anyone who wants to lead this shrinking, poverty-pocked city of about 800,000 people.
Remember, during the housing boom, when Bush was being blamed for the high cost of housing? How it was all his fault that poor people were being denied the opportunity to achieve the American dream?
Why aren't all those asshats flocking to Detroit in droves to soak up the HopenchangeTM that's gotta be flowing through the streets of that "progressive" success story of a city like f***in' milk and honey by now?
I don't know about the rest of you, but I can't wait for Obama to shove more of that brilliant Kilpatrick-style "leadership" up our collective asspipe.
And, people are wondering why Winchester White Box is in such short supply at their local Wal-mart.