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JoeMama
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No matter how bad the economy gets, it's unlikely that suburban Chicago's Lake Forest, Ill., will become another Flint, Mich., the devastated former auto-industry town with long-running unemployment and poverty.
To read the entire article: http://finance.yahoo.com/real-estate/article/106273/America%27s-Most-Affluent-Neighborhoods
Also from Forbes.com
In Depth: America's Fastest-Dying Towns
9. Burton, Mich.
Burton, like its neighbor Flint, has been a major casualty of America's declining auto industry. Due to disappearing manufacturing and industrial jobs, household incomes fell 1.8% from 2000 to 2007 (before adjusting for inflation). Poverty rates have doubled in the last seven years, surging from 8.6% in 2000 to 15.4% in 2007.
And the government voted against a bailout. The headlines keep coming.
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Fri Dec 12, 2008 2:11 pm |
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Ryan Eashoo
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What was Flint ranked?
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_________________ Flint Michigan Resident, Tax Payer, Flint Nutt - Local REALTOR - Activist. www.FlintTown.com |
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Sun Dec 14, 2008 3:36 pm |
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