Hi Everyone,I've been a quiet observer on these threads for the most part, but given these precarious times, thought I would get some community feedback. 

Follow me for more useless observations.

The other big difference (observation not because I was investing or in real estate in ‘08) is the supply vs demand issue.

So if you observe housing prices outpacing wage growth with time know that something just isn’t right.

:) )But seriously, I would agree with many of Andrew's observations: from an outsider, it doesn't look great.

This observation is provided without warranty nor guarantee and for entertainment and informational purposes only.

Joe, good observation and I agree.

This will also soon be corrected.)...On the other hand, her heart is in the right place and she cares about the unit and the building as though it were her home (she regularly paints & spackles, leaves helpful signs for the other tenants, shovels & salts the main walkway after a snowfall, etc...So you're correct in observing that She's a complicated case to say the least...

I'll sit back and patiently observe from afar.Best of luck Detroit.

I think your observations are on target.