by cheapseats » Fri Aug 22, 2008 9:17 am
I live on MI. I will agree that there is not much to do here and think that the houses generally lack character. But I love the location, I feel generally safe walking around at anytime of day (cyclists are the largest danger), and the schools are good.
I think that you are right, that foreclosures will be less of an impact on MI, but I think that as a result, rents in places where people can afford to hang on to homes will be where you can find good deals. I seen several houses for rent here for very good deals.