March 2, 2009
CITIES AREN'T HUMAN:
Detroit's outlook falls along with home prices (Tim Jones, January 29, 2009, Chicago Tribune)
The median price of a home sold in Detroit in December was $7,500, according to Realcomp, a listing service.Posted by Orrin Judd at March 2, 2009 3:43 PMNot $75,000. Remove a zero—it's seven thousand five hundred dollars, substantially less than the lowest-price car on the new-car market. [...]
On a positive note, Detroit's homicide rate dropped 14 percent last year. That prompted mayoral candidate Stanley Christmas to tell the Detroit News recently, "I don't mean to be sarcastic, but there just isn't anyone left to kill."