Lost your Job? Frustrated? Let's Blow up some houses!

It has come to this in real estate in the US...where the economic fundamentals in some neighborhoods are at a point where it makes more sense to destroy a subdivision than it was to actually find a buyer.

I went to Rochester and I was amazed to see that jobs were leaving faster than people were. Imagine a place that nothing real big has happened before the 50's. The place is dead...33% of all buildings in some neighborhoods are abandoned (I get emails from folks selling real estate in these neighborhoods, I blogged about my research here).

According to Wikipedia there are 123,833 homeless people in the States.

Something to think about

Cheers