Sunday, July 01, 2007

Beautiful day in Danville, VA

Visiting this historic town that history has now passed by, it's still really attractive on a nice summer day. You cannot believe the house prices here, and it's not a new event. Since the economy has diminished, really fine houses are inexpensive by any comparative measure. Its new industry will likely be retirees, as its deficits like poor schools and no public transportation are not a negative to that demographic, and the nice homes and location within 50 miles of vibrant North Carolina cities(and hospitals) make it a bargain. And then there's always the possibility that an Asian manufacturer will see the inexpensive dedicated labor force available here, and make an investment that would turn these cheap homes into good investments. Don't bet on it, but why not dream.

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