The Lo Zone

A groovy place in cyberspace run by author Lolita Files. Come on in. Bring some Pepsi.

 
Lo Fun Fact #1
"Lolita Files" is my real name. It is not a pen name, as incredible as that may seem. There are plenty of Files family members and people who have known me for years capable of validating this. As for the "Lolita" part, my mother named me after the movie based on Nabokov's book, although she saw or read neither. For as long as she lived, she had no idea there was anything sexual or seedy about being called "Lolita".
Lo Fun Fact #2
I love fried chicken and fabulous shoes (although obviously I can't eat fried chicken nearly as much as I'd like). If you ever want to get on my good side, send Popeye's or Church's (that's right, I said Church's) and a pair of Christian Louboutins.
Lo Fun Fact #3
Never show up unannounced or without a Pepsi. Better yet, how about not showing up at all?
Lo Fun Fact #4
I hate the telephone. Don't get mad if I don't call you or take a long time to return your calls. I don't call anyone. Don't call me asking why I don't call. Just don't call, okay? (Exception: I will happily take all calls related to business or to share fun/exciting/major news. I'm just not one for jawing on the phone just to be jawing.)
Lo Fun Fact #5
I love the internet!!! I love communicating through the internet!!! You can e-mail me and odds are I'll e-mail you right back (if I'm not in the middle of a major project). Makes up for my hangup about the phone, doesn't it? See, I'm not so bad after all!!!
Lo Fun Fact #6
I can't stand IMing. Please don't IM me. I'm always on my laptop and connected to the internet as I work and when IM's pop into my screen out of nowhere, they break my concentration and often startle the sh*t out of me in the process. So don't do it. You will get the cold shoulder. I don't like giving people the cold shoulder, so please don't put me in that position.
Lo Fun Fact #7
I have four five six wonderful, slap-happy dogs and a cat, all of whom I love to pieces. I had a bird (a Roller pigeon that I rescued in LA on New Year's Day in 2004) named B-Bird (what? that's a good name!) who passed away in February 2009, which broke my widdle heart in half. He loved me so, as I did him. If you meet me and ask me about my dogs and cat, we'll be instant friends, and if you ask about B-Bird, I'll probably hug you (unless you smell...wash first). If you meet me and ask me why the f*ck I have four five six dogs and a cat, see the above fun fact for how I will respond.
How low will they go
Tuesday, March 20, 2007

In light of yesterday's post on impending foreclosures, I could not pass this story by.

With bidding stalled on some of the least desirable residences in Detroit's collapsing housing market, even the fast-talking auctioneer was feeling the stress.

"Folks, the ground underneath the house goes with it. You do know that, right?" he offered.

After selling house after house in the Motor City for less than the $29,000 it costs to buy the average new car, the auctioneer tried a new line: "The lumber in the house is worth more than that!"

As Detroit reels from job losses in the U.S. auto industry, the depressed city has emerged as a boomtown in one area: foreclosed property.


This story has a few twists and turns in it. It speaks to a lot of different issues: Unemployment, Economonic Revitalization, Racism and Corporate Greed. It's definitely a story worth reading in it's entirety.


Houses cheaper than cars in Detroit
posted by Rich Fitzgerald @ 8:07 AM  
9 Comments:
  • At March 20, 2007 9:15 AM, Blogger Shai said…

    Oh, my goodness. I am so sick of hearing about my city. I know there are plenty of houses that are more than a car. Sadly, we are having problems but who isn't.

     
  • At March 20, 2007 9:37 AM, Blogger Lance said…

    that's the move right there...buy a house, renovation it, sit on it, and resell later...the value will definitely rise. i'm sure many of those homes are near the downtown area (i'on know, never been to detroit)....but i'm noticing in the south, low-incomes houses and projects near the downtown area are being torn down left and right, replaced by condos, luxury homes.

    it's called gentrification. it's happening in harlem usa too!

     
  • At March 20, 2007 9:59 AM, Blogger Juan G said…

    Yeah, I saw this earlier on Yahoo. Wish I had a couple hundred thousand to go in a buy up a bunch of these and wait.

    Man, what happened (is happening) in Harlem is so so sad. A friend of mine wrote a book called The Queen of Harlem and in it is a real estate agent saying something like, "you know what they say, wait for the gays." Ironically that's exactly what happened in Harlem. A few white gay boys were pioneers and now you can't find anything that's affordable. At one time you could have gotten an old brownstone for a steal and now you'll pay over $500k for a shell. Gone are the days of grand Strivers Row.

     
  • At March 20, 2007 10:06 AM, Blogger Shai said…

    Lance, it is not around the downtown area, it is in several areas.

     
  • At March 20, 2007 11:02 AM, Blogger Lance said…

    even if it's not in the downtown area, more than likely, that kinda price for real estate in a "metro area" will be a boon for some investor looking down the road.

     
  • At March 20, 2007 11:04 AM, Blogger Lance said…

    by the way, juan...last year, i was listening to regis & kelly on t.v. they were mentioning that harlem was the best real estate investment in the city...

    ...and bill clinton opening up shop didn't hurt either.

     
  • At March 20, 2007 11:08 AM, Blogger Juan G said…

    Yeah, when ole Bill moved in the neighborhood everyone else was like, damn he must be onto something.

     
  • At March 20, 2007 12:18 PM, Blogger CapCity said…

    Sadly, my beloved Chocolate City is now MILKY thanx to good old gentrification...

    hmmm, with the ability to work online, now - maybe i should move to detroit! i've only been there once and the houses were BEAUTIFUL (& yards HUGE)!! i don't like the cold, but hell, i've lasted here in nyc & never imagined that either! LOL! gotta laugh to keep from crying!

     
  • At March 20, 2007 8:43 PM, Blogger Shelia said…

    This seems to be a nationwide...it's not limited to one part of the country unforunately.

     
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About Me

Name: Lolita Files

Home: Wonderland, Midwest Central, United States

About Me: I'm the author of six novels. My novella, "Three For The Road," included in the three-novella anthology, You Only Get Better, was published in March 2007.

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