I drove to a funeral up in Monona, Ia. a couple days ago and saw something 
really disturbing along the way.  Strawberry Point is a nice little town with 
well-kept homes.  Nice upright orderly well-kept NE Iowa town.  Nice public 
library and schools.  Going up I saw two hand-painted signs outside nice 
looking homes a few blocks away from each other.  One for sale for $9,100.  The 
other for sale for $8400.  Yikes!  Nice family homes.   A third home with 
realtor's sign saying monthly payments $360.  Coming back through town the 
other direction I really looked and saw the homes were nice but there was no 
retail in the business district and it didn't look like there were much of any 
businesses otherwise in town.  Nearest town that had a working economy was more 
than a short commute away.  There used to be a mental health hospital in 
Manchester but the State closed it.  There is not a lot of a working economy 
for counties around up in that part of the State.  If those houses sell for 
those prices that means that everyone else's nice homes in that town of 
Strawberry Point are worth only that.  Jeeesus!   Iowa needs jobs out in the 
country to save itself.  It's a cautionary tale. 

http://www.npr.org/blogs/thetwo-way/2013/01/30/170639279/economy-shrank-at-0-1-percent-annual-rate-in-fourth-quarter

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