Interesting list topped by Providence, R.I. and followed by Los Angeles. Every major city in Florida is on here. NJ lumped in with metro NYC at #19. A few suprises. I would be interested in your takes.... http://realestate.yahoo.com/promo/u...jA2ZwLXRvZGF5BHNsawNoYXJkZXN0LXRvLWdldC1ieQ--
...and I'm trying to move from #8 to #4..... The only good thing is that while I won't get what my house is worth on this end I will pay a depressed price in Florida for something else. And I do think that once things turn around that the Florida home prices will climb faster than will Detroit's.
I don't really see too many surprises there. I don't see how California is going to get out of this situation. I really don't. With so many employees of the state, they've been taxing-fleecing the private sector for years. When money gets tight and business over-taxed, the union members get scared and ask for more benefits/security.... I never understood how this system lasted as long as it did. Interesting side note... I'd recently gotten back in touch with several old HS friends... I went to a private school. There aren't many 'fry guys' that I went to school with, if any. It was a competitive environment academically and athletically. Whenever we get together for reunions or what not, there's still that testosterone-fest... My buddy is a writer, who noted to me that.. if you examine my former classmates, and you remove those who are employees of the state of CA, less than half of my class remains in the state of CA. Graduates of Harvard, Yale, Notre Dame, Michigan, UCLA, MIT, Army, Navy, Air Force, Princeton, Penn (business) etc...none of the guys you'd look at and say 'wow, that guy has had an impressive runs in his first 38 years' still remains in CA. Most all came back, and then left for greener pastures elsewhere. That is a state of seemingly endless resources, that seems to be casting off its own human resources. I think they're in a lot of trouble.