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Today: 17.01.2018 - 14:37:40
   Canada Mortgage Hub Discussion Board -> Mortgage Vancouver -> Does anyone care that the state of Michigan has the highest bankrupcy and foreclosure rate in the nation?
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ntq235

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Does anyone care that the state of Michigan has the highest bankrupcy and foreclosure rate in the nation?
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Post # 1.

promplastik-msk

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PLEASE READ MEYes I care, I live in Oakland county....two of my dad's friends have just been fired and my dad is worried about losing his job (they work at the same place, but he is higher up on the working ladder)....up till recent years Oakland county has been an awesome place to live (it still is but the job thing has been worrying people). We have big houses, and an expensive new school, parks, and a big new library. It bugs the crap out of me when people rag on the suburbs, and say that Michigan is such a horrible place to live!!!! IT ISN"T!!!! Get it through your heads: yes you can't move to michigan and get a job but that doesn't mean we live in a gaint trash can. AND NO IT IS NOT WINTER 6 months a year. maybe you city slickers from California think so.... To you people who said you use to live here:You must've worked in auto bussiness because all the other jobs around here are ok. I don't know anybody who moved. I know maybe five people who got fired, but they didn't moved, they didn't give up. They found new jobs and they are just as happy now.Thank goodness we haven't been hit as hard as Detroit or Pontiac. Another "assumption" people make is that the subrubs are worse than Detroit. Think again. We have a lot of beautiful towns in Oakland county. You just have to want to find them. I do live in one of the richer parts of the county but i still know whats going on, and the fact that i am a teen has nothing to do with it either. I study it in school, and I am worried about my future here too.
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Post # 2.

retro_king

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Once again, when I see a question I can answer it.Michigan has economic problems and I wouldn't waste my time debating state vs state. What is the point. No technololgy jobs in Michigan?, I do beg to differ on that point although it certainly needs to grow. Don't get too smug over in Chicago, Illinois isn't that much better off, along with the rest of the midest. I'm certainly not for Jennifer Grandholm, but the fact she was born in Canada really doesn't have anything to do with anything. Most of the problems facing the economy won't be fixed by a change in governor even though I will be voting against her.
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Post # 3.

rbaasiri

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I care it will go up I blame the credit card people If I used every card sent to me I would go bankrupt to and all the businesses that are down sizing also were to people get jobs for what that were being payed at the job they left there is some serious changes coming our way we can thank India and china for this also I blame Bush my self Jennifer Grandholm saved my husbands job helping BASF to stay here and not move and also bringing 145 new jobs and 170 contracted jobs by 2008 !!!
Post # 4.

promplastik-msk

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Yes i feel bad for everyone dealing with the sorry economy. Thats why my husband and I relocated to Arizona 4 months ago. Its great to have so many options for employment and to be able to pay bills on time again, and to be able to live day to day w/o wondering if your going to lose your job.If you are able to up and leave out west is where to be for job growth. PLUS THE WEATHER IS GREAT ALL YEAR ROUND.
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Post # 5.

pancho120

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I doI am a Union member and might not have a job as of this next Sundayvoting for Governor is coming up - I will be 1st (maybe 2nd ) in line to vote her butt OUT
Post # 6.

nigah

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We would march to lansing......but we would have to take off of work to do that, and that means losing money. Trust me, we know what is going on here.....and we are getting fed up with it. Hopefully we will get a new governor in here soon, and maybe things will change.We are a auto driven industry area. When the big 3 make cuts, it does a massive trickle down effect to all businesses. It also has to do with foreign competition building cars. They are making a better product than we are, simple as that. It also has to do with the unions, pensions.....etc. More money going out, than in.I just don't like the fact that they will close a auto plant here, but leave ones running in other states. Why can't they close all the ones out of state first?
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Post # 7.

p_miika

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I hear ya, I'm living in it. I am the last contract automotive designer in my division...can't decide if that's job security - or? I will not be staying here in Michigan, and plan on leaving with a change in careers.Can't really lay all the blame with Granholm, can you? Admittedly, she probably hasn't helped the situation, heavens no. But I think that it was a combination of many things that have hurt Michigan's economy. So many jobs are linked to the auto industry here in the Motor, and state wide. GM & Ford are doing lousy. Chrysler is holding her own, mostly because she's always been smaller, streamlined. But even Chrysler is going through further cuts. Driving around here is depressing. Hundreds of closed businesses in Berkley, Clawson, Troy, Madison Heights, & Warren just to name a few. Hundreds of empty buildings & strip malls...yet they're still building else where in the area. THAT I don't get.Nope, can't pin it all on one governor. Economy overall, sure. Blame the pin head that thought sending jobs overseas to barely skilled foreign labor. Blame the rising market share of foreign cars (yeah, I consider Honda and Toyota 'foreign' as they're profits are doing little for the american economy). Blame the automakers (american OEM's) for not forward thinking their product line to lure them away from foreign competition. Blame the INS & the lack of imigrant restrictions to a State that's up to it's eyeballs in unemployment - yet they're compounding the problem with allowing them HERE. Fine, let em into the country...but not michigan, not right now.I'm torn...we (my family and I) came here from the UK in 1967, September...right after the riots. I can remember looking out the hotel window and seeing tanks on the freeway. My father was an engineer, and back then...there was a huge demand for skilled, experienced white collar workers. So we've lived in the area all this time, mostly. I'm confused with the deluge of immigrants that cannot really compete with the experienced resident/american counterpart....it's all about money... The higher ups don't seem to care that the job is not getting done by the person they hired, but by those that know what need to be done and get it done out of necessity...doubling their work load. The incompetant are carried through by those that can (I'm talking about all of em, people in general, regardless of ethnicity/nationality)...and thanks to the hypersensitivity/PC-ness of modern day business - they continue to be carried. Heaven forbid we should FIRE someone for NOT doing their job, or being a complete screw up.
Post # 8.

p_rajesh

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I feel sorry for them. When I read your capture I was thinking no. Then I read the rest and its sad but too theres lots of stuff like this going on all over the USA. Instead of sending our $ over seas why not help our own people first. This world is scr***** up.
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Post # 9.

pamhenry

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I left Michigan back in 1989, due to their cost of living. When I first built my home, my property taxes were $98.00, when I left in 89, those taxes had risen to $2200.00... I have many friends there, and several still live in that neighborhood, they are now paying $4100.00. It wasn't only the taxes, but everything else kept going up as well. I made up my mind there had to be a better life somewhere. That was one of the smartest things I ever did by leaving Michigan. I live in the South now, love it, have over 5 acres, a new home, and my taxes are really low. Very important is how much lower my utilities and vehicle insurance is here. I believe the Michigan resident have part blame in all those increases, people just don't go to the polls as they once did, and when one in office needs booting, the folks leave him/her there.
Post # 10.

plumbing

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Sorry, buy Detroit is highly dependent on the auto industry. And since Delphi declared bankruptcy and Ford and GM are laying people off in the thousands - things in Detroit don't look so good.THIS HAS NOTHING TO DO WITH THE GOVERNOR. THIS IS GLOBAL AUTOMOTIVE COMPETITION, JOBS MOVING TO CHINA, etc.The governor can NOT effect the auto industry any more than the rest of us can. Don't be ignorant.YES people in Michigan give a ****. But until FORD, GM and DCX start building vehicles that can compete with Toyota and Honda - things in Detroit will remain bleak. IF YOU HAD A CLUE - you would also know that people are leaving Michigan in droves. I just left. and in my neighborhood that is about 2 miles by 1.5 miles in size, there are over 300 houses for sale. It is not the worst of times for Detroit (read up on the riots in the 60s) but it is going to get darker before it gets light.
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Post # 11.

popmgt002

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Mr. Johnson, again why so much concern for us suckers in detroit metro?I work in the auto industry, and I divorced recently, but when I get two years of home ownership under my belt, im selling, i bought my house as a foreclosure, so i got a decent price, and i can afford to sell and make a 40k profit.I can't believe I moved here. This is a miserable place where the winter is 6 mos and you always feel nervous you will be the next to get fired.Since i moved here from LA 10 years ago, LA housing values exploded so I can't go back there, but i have Charlotte, NC in the cross hairs and cant wait to move.
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Post # 12.

ortopedica

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So...what's your question? Or did you just need to make yourself feel better by ragging on someine else?
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Post # 13.

praga_mgp

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I just saw on headline news that Colorado has the highest foreclosure rate something around 1/300. Florida and Georgia were about 1/500 homes.
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Post # 14.

njzazz64

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shut up dude
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Post # 15.

orlad

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So the foreclosure rate is highest. I do not think the governor is to blame for that. It's a little thing called personal responsibility. Maybe if the adults living in MI considered the impact of second mortgages and making minimum payments on debt, they might get control of their finances.I believe that domestic automakers can produce competitive products, now.I do not believe the governor has done a good job for MI. With the election is a month away, we do not need your help with impeachment, I expect her gone.
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