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by ghshephard
6323 days ago
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Without getting into a "mine is bigger than yours" game - I'd just like to note that I have a 600 square foot bachelor-suite (no bedroom), in a very, very old apartment building overlooking (complete with sound) the 101 freeway in a low income (and un-walkable) neighborhood of Redwood City and pay $1210/month + $65 water/sewer/garbage. On the flip side, I used to fly out to Detroit and was interested in some of these $10,000 houses, but we could never work up the nerve to actually go into the neighborhoods out near 8 mile that had them, and I can't imagine living there. Has anyone on HN been out to Detroit recently? There are many parts of that city that are like a war zone in terms of building/lot damage, and others that I would not go without armed escort. I guess this is just another way of saying the "absolute value" of property is pretty low in Detroit as well. It's kind of like the "Anti-Paul-Graham-Geographic-Recipe-for-a-successful-startup-community" type of environment. |
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But one of the interesting things about Detroit is that you're never far from urban decay. Even nice houses, or the revitalized part of Woodward, is at most 2 or 3 blocks from abandoned buildings and boarded-up houses.