Re: A Country Innhttp://www.treefrogtreasures.com/forum/images/icons/icon10.gif
Brad wrote,
Ouch!
All right, builders, let see what we can make!
This will eventually get around to the Jane Austin house.
Last night I was at a vernissage and so I walked in with my wife and recognized a good friend originally from Detroit. Looking around I said so where is the art? My friend said, “Look it’s all around you.” Feeling a bit sheepish I looked and saw the stuff. I’d been expecting some framed things to give me a clue. But nothing was framed, and much of it wasn’t even rectangular. So I looked more closely and like Brad I said ouch! They were going for $2400. So, prudently, I asked my friend, “What do you think?”
“Well,” he says, “I look at it and give it the lane test.” “What test is that,” I asked. “Well,” he says, “I ask myself, if I were walking down a lane and someone had put one of these out in the garbage, would I pick it up?” Good test, I thought.
Well I sure wouldn’t have picked any of this stuff up. (Maybe that says more about me than about anything else including art.)
So then we got onto another topic and he explained to me that when he was a kid inner Detroit had about two million people and now it had only about one million. “Many homes for less people,” he said. Then he explained that banks were stuck with houses where people had defaulted on the mortgages in today’s nervous economy. He also said that with more expensive houses, when banks listed them, people came in and emptied them. Sometimes, copper pipes, fixtures and all and so these gutted beauties were sold for a dollar. Now maybe this is an urban legend but still …
Now if this Jane Austin house retails for over hundred, and a real house can be had for a dollar maybe you can buy a whole real neighbourhood instead. Retire to Detroit. Become something like an urban squire
But seriously Ken good work and I'm always impressed with the amount of time you spend on the forum keeping us abreast of things.