How bad is it in Detroit?


Is this is any indication?

Nearly 35 years after taxpayers spent $55.7 million building the Pontiac Silverdome and a year after a $20 million sale fell through, city officials have sold the arena once called the most desirable property in Oakland County.

The price: $583,000.

“This was a giveaway,” said David J. Leitch, a broker with an Auburn Hills based realty firm.

By my calculations, that’s about 1% of the actual cost to build the dome.

The winning bidders also got the surrounding 127 acres thrown in for free.

So, how bad is it in Detroit?

Scary bad.

10 Responses

  1. Let’s see? Free land, high unemployment. Now if the city would cut taxes and keep the unions off prospective companies they may be able to recover, but my guess is they will tax themselves to death and scream about inequities til the last door closes. What is it about liberals, they see great things happen in conservative districts and think it is all smoke and mirrors.

  2. If you really want to see how bad it is in Detroit. Get Google Earth and look at it from space. You can see all of the abandoned factories. You can see block after block with little to no buildings on them. You can smell the rot from space. That is what liberalism will do to a city.

  3. Their problems aren’t just at the local level, the state gubmint is messed up too.

  4. How bad is it in Detroit? I wouldn’t pay one dollar for the whole fricken city. Would you?

  5. They also have a large Muslim population. Motown now has double meaning.

  6. I’d hate to live anywhere near Detroit.

    BTW: I have new digs. Please update your blogroll when you have a chance. http://feedyouradhd.com.

    Thanks,
    SB

  7. This is a real eye opener. A bit long but oh man Detroit, after 40 plus years of demturd mismanagement.

Comments are closed.

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