Investing in Michigan

[briansd1]

Why not Florida?

I think that Florida has more upside potential than Michigan in the next couple decades.

[Allan from Fallbrook]

[quote=briansd1]Why not Florida?

I think that Florida has more upside potential than Michigan in the next couple decades.[/quote]

Brian: I wouldn’t be too sure about that. We do a lot of work with the Army’s TACOM/TARDEC divisions out of Warren, MI, and we’re seeing more and more engineering and manufacturing operations returning.

University of Michigan has an excellent small business and tech incubator program, and they’re spinning companies off at a rapid clip.

I also think the disaster in Japan will push certain manufacturing operations back to the US, specifically high-skill manufacturing, machining and tool & die operations. There are also rumblings from companies in China complaining about rising costs, lack of qualified workforce and management and poor (to non-existent) quality control.

Don’t be too surprised to see certain manufacturing hubs in the Midwest start to make something of a comeback. It won’t be like the heyday of Detroit like the 1950s and 1960s, but its a start.

[Allan from Fallbrook]

[quote=briansd1]Why not Florida?

I think that Florida has more upside potential than Michigan in the next couple decades.[/quote]

Brian: I wouldn’t be too sure about that. We do a lot of work with the Army’s TACOM/TARDEC divisions out of Warren, MI, and we’re seeing more and more engineering and manufacturing operations returning.

University of Michigan has an excellent small business and tech incubator program, and they’re spinning companies off at a rapid clip.

I also think the disaster in Japan will push certain manufacturing operations back to the US, specifically high-skill manufacturing, machining and tool & die operations. There are also rumblings from companies in China complaining about rising costs, lack of qualified workforce and management and poor (to non-existent) quality control.

Don’t be too surprised to see certain manufacturing hubs in the Midwest start to make something of a comeback. It won’t be like the heyday of Detroit like the 1950s and 1960s, but its a start.

[Allan from Fallbrook]

[quote=briansd1]Why not Florida?

I think that Florida has more upside potential than Michigan in the next couple decades.[/quote]

Brian: I wouldn’t be too sure about that. We do a lot of work with the Army’s TACOM/TARDEC divisions out of Warren, MI, and we’re seeing more and more engineering and manufacturing operations returning.

University of Michigan has an excellent small business and tech incubator program, and they’re spinning companies off at a rapid clip.

I also think the disaster in Japan will push certain manufacturing operations back to the US, specifically high-skill manufacturing, machining and tool & die operations. There are also rumblings from companies in China complaining about rising costs, lack of qualified workforce and management and poor (to non-existent) quality control.

Don’t be too surprised to see certain manufacturing hubs in the Midwest start to make something of a comeback. It won’t be like the heyday of Detroit like the 1950s and 1960s, but its a start.

[Allan from Fallbrook]

[quote=briansd1]Why not Florida?

I think that Florida has more upside potential than Michigan in the next couple decades.[/quote]

Brian: I wouldn’t be too sure about that. We do a lot of work with the Army’s TACOM/TARDEC divisions out of Warren, MI, and we’re seeing more and more engineering and manufacturing operations returning.

University of Michigan has an excellent small business and tech incubator program, and they’re spinning companies off at a rapid clip.

I also think the disaster in Japan will push certain manufacturing operations back to the US, specifically high-skill manufacturing, machining and tool & die operations. There are also rumblings from companies in China complaining about rising costs, lack of qualified workforce and management and poor (to non-existent) quality control.

Don’t be too surprised to see certain manufacturing hubs in the Midwest start to make something of a comeback. It won’t be like the heyday of Detroit like the 1950s and 1960s, but its a start.

[Allan from Fallbrook]

[quote=briansd1]Why not Florida?

I think that Florida has more upside potential than Michigan in the next couple decades.[/quote]

Brian: I wouldn’t be too sure about that. We do a lot of work with the Army’s TACOM/TARDEC divisions out of Warren, MI, and we’re seeing more and more engineering and manufacturing operations returning.

University of Michigan has an excellent small business and tech incubator program, and they’re spinning companies off at a rapid clip.

I also think the disaster in Japan will push certain manufacturing operations back to the US, specifically high-skill manufacturing, machining and tool & die operations. There are also rumblings from companies in China complaining about rising costs, lack of qualified workforce and management and poor (to non-existent) quality control.

Don’t be too surprised to see certain manufacturing hubs in the Midwest start to make something of a comeback. It won’t be like the heyday of Detroit like the 1950s and 1960s, but its a start.

[UCGal]

I’m not sure I’d invest in a state that just declared “financial martial law”. The corporate takeover of local governments gives me pause. I have friends in Traverse City – they are very worried that Gov. Snyder is going to declare their town insolvent and take it over.

[UCGal]

I’m not sure I’d invest in a state that just declared “financial martial law”. The corporate takeover of local governments gives me pause. I have friends in Traverse City – they are very worried that Gov. Snyder is going to declare their town insolvent and take it over.

[UCGal]

I’m not sure I’d invest in a state that just declared “financial martial law”. The corporate takeover of local governments gives me pause. I have friends in Traverse City – they are very worried that Gov. Snyder is going to declare their town insolvent and take it over.

[UCGal]

I’m not sure I’d invest in a state that just declared “financial martial law”. The corporate takeover of local governments gives me pause. I have friends in Traverse City – they are very worried that Gov. Snyder is going to declare their town insolvent and take it over.

[UCGal]

I’m not sure I’d invest in a state that just declared “financial martial law”. The corporate takeover of local governments gives me pause. I have friends in Traverse City – they are very worried that Gov. Snyder is going to declare their town insolvent and take it over.

[briansd1]

[quote=njtosd]See also this Op/Ed piece where someone bought a Mies van der Rohe there for $100,000 and someone else bought a house for $100. http://www.nytimes.com/2009/03/08/opinion/08barlow.html
[/quote]

Sounds like some cultural enclaves are developing. I really need to go see, just for the cultural experience.

*

Good input from every one. I know almost nothing about the Midwest other than Columbus, OH where my cousin lives.

Another thing to consider about investing is whether you want to live there, or be an absentee landlord. Do you have the inclination and opportunity to visiting periodically to check on your investment?

Are you investing for the cash flow or for appreciation?

[briansd1]

[quote=njtosd]See also this Op/Ed piece where someone bought a Mies van der Rohe there for $100,000 and someone else bought a house for $100. http://www.nytimes.com/2009/03/08/opinion/08barlow.html
[/quote]

Sounds like some cultural enclaves are developing. I really need to go see, just for the cultural experience.

*

Good input from every one. I know almost nothing about the Midwest other than Columbus, OH where my cousin lives.

Another thing to consider about investing is whether you want to live there, or be an absentee landlord. Do you have the inclination and opportunity to visiting periodically to check on your investment?

Are you investing for the cash flow or for appreciation?

[briansd1]

[quote=njtosd]See also this Op/Ed piece where someone bought a Mies van der Rohe there for $100,000 and someone else bought a house for $100. http://www.nytimes.com/2009/03/08/opinion/08barlow.html
[/quote]

Sounds like some cultural enclaves are developing. I really need to go see, just for the cultural experience.

*

Good input from every one. I know almost nothing about the Midwest other than Columbus, OH where my cousin lives.

Another thing to consider about investing is whether you want to live there, or be an absentee landlord. Do you have the inclination and opportunity to visiting periodically to check on your investment?

Are you investing for the cash flow or for appreciation?

[briansd1]

[quote=njtosd]See also this Op/Ed piece where someone bought a Mies van der Rohe there for $100,000 and someone else bought a house for $100. http://www.nytimes.com/2009/03/08/opinion/08barlow.html
[/quote]

Sounds like some cultural enclaves are developing. I really need to go see, just for the cultural experience.

*

Good input from every one. I know almost nothing about the Midwest other than Columbus, OH where my cousin lives.

Another thing to consider about investing is whether you want to live there, or be an absentee landlord. Do you have the inclination and opportunity to visiting periodically to check on your investment?

Are you investing for the cash flow or for appreciation?

[Author]

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