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"The wealthy suburbs surrounding Detroit are now disintigrating."

My wife's from around there (Troy, MI) - that whole area has been on the gradual downhill for decades now. People got nervous in 1967
( http://www.67riots.rutgers.edu/d_index.htm ) - not that any of that ever got out to Bloomfield Hills - and the 70s energy crises didn't help either. Then there was the mayoralty of Coleman Young...


Yesterday our receptionist told a little story. Her husbands brother and wife bought a property in Calgary for 540K 4 years ago put 80k in renovations in it and just sold it for 1180K.

Average house prices in Edmonton rose 10% in the month of February.

The bubble is still in full warp speed rip here in Alberta.

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