Plus it's cold there

Detroit has a massive housing slump going on, with prices headed for the basement. From an MSN on-line article:
"As Detroit reels from job losses in the auto industry, the depressed city has emerged as a boomtown in one area: foreclosed property.
"The city, which has lost more than half its population in the past 30 years and struggled with rising crime, failing schools and other social problems, largely missed out on the housing boom that swept much of the country in recent years.
"At least 16 Detroit houses up for sale on Sunday sold for $30,000 or less.
"A boarded-up bungalow on the city's west side brought $1,300. A four-bedroom house near the original Motown recording studio sold for $7,000.
"Detroit, where unemployment runs near 14% and a third of the population lives in poverty, leads the nation in new foreclosure filings.
"The state's jobless rate of 7.1% in January was also the second highest in the nation, behind only Mississippi.
"Real estate agent Ron Walraven had a three-bedroom house in the suburb of Bloomfield Hills that had listed for $525,000 sell for just $130,000 at the auction. "Once we've seen the last person leave Michigan, then I think we'll be able to say we've seen the bottom," he said.

Rico says he's been to Detroit (he used to date a girl from college who lived in Bloomfield HIlls, a then-rich suburb), and you couldn't get him to move there with a gub, not even a really big gub... (Which, being Detroit, they won't let you carry anyway.)