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That area of the country MI, is also doing worse than other areas so it will show in that it is hitting harder. I am Az, and we are moving to MI. MI has the worst housing slump in the nation with the big 3 closing, jobs moving to China. People can not sell their homes. We are moving there though, and for us we are getting a house cheap, in fact 1/3 the price they would cost here.
I think things will even out over time. Manufacturing moves out, something moves in to replace it. Nothing is a constant. We are in for rough weather as in any transition, but it will level out. It always does. Chinas ecomony will grow larger, and thier employees will start demanding more money , and
then the jobs come back here. Toyota is already paying people to make thier cars oversees more money than they would american workers, and are looking to move more plants here already and in fact are doing that.
I used to work myself up over doom and gloom, it is easier to do this day and age because of the internet, tv, etc. The world just became very small. Now I just look at today, face what is today. I do not have my news station on 24 7 , I relax more. Yeah times are tougher, but they will be better.
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