Discussion in 'General Real Estate and Real Estate Finance' started by Mike Kennedy, Apr 18, 2009.
Statistics lie. The unemployment rate in Detroit was shown at between 10 and 11%. It's more like 20%, with a constant ouflow of jobs and people. New York has a constant outflow of people now.
Tampa was included because of foreclosures, but it's much easier to get by on a lower income due to overall living costs.