The land could be returned to pastoral farmland with the intent on modern-day farming, making use of lessons learned over the last century. Better use of the land, new strucures, new technology.

Better yet, the land could be used for wind farms and energy-related initiatives. Or just let it return to nature.

Whatever Youngstown chooses, the opportunites are there.

FORMULA:
If (monthly rent) < (monthly mortgage + taxes + upkeep), then rent

If you think you might be moving in a few years to another city or another state, then also rent.

Otherwise, think about buying and look at the other factors. The formula above is meant as a test of undervalue or overvalue — a way to pay attention to the underlying asset.

J.P. Morgan Chase is the dirtiest, most corrupt, not only bank, but business in America. I would call them mafia, because they are a criminal enterprise, but I do not want to offend the mafia by putting them in the same category with this scumbag bank. I guess Jamie Dimon missed his ethics class at Harvard Business School. His company’s policies are a direct reflection of his character, and he is a scumbag dirty pig. I lost everything and I can’t even get a job because J.P. Morgan Chase destroyed my credit by dragging out the short sale/foreclosure process for over a year. And to pour salt in the wound, my mortgage has PMI insurance, which means the bank doesn’t lose. I have been turned down for two jobs because of my credit and also that H.R. Bill 3149 has not passed yet………I lay in bed contemplating suicide while J.P. Morgan Chase writes out billions in employee bonus checks.
My nightmare with Jamie Pig Morgan Chase Bank………….
After being laid off, I could no longer afford my mortgage payment. I did not want a foreclosure to occur so I tried to do the right thing and located a realtor and an attorney to work with to help facilitate a short sale. I have brought three different buyers to the lenders. These buyers were pre-approved and ready to close. Every time we got close to closing, the lenders would kill the deal. They should be on their knees, kissing my ass, thanking me for finding them even one buyer in this horrible economy and even worse real estate sector, let alone three. J.P. Morgan Chase and Bank of America have lied, manipulated, and jerked us around for over a year. These two scumbag, lying, dirty banks make my skin crawl and make me want to vomit my stomach contents. One bank representative even told me that “They were going to ruin my credit and destroy my life for putting them in this position.” I put them in this position????? I had an 804 FICO Score before I was laid off. I had a 30 year low rate fixed mortgage. I did everything right. These criminals, who should be in prison for their fraudulent activities, now get 7$$$$$$$$ figure bonuses as rewards. Not to forget, these criminals had their hat-in-hand begging the government for a handout of billions of yours and mine tax dollars. Let’s have a brief history listen. The bulge bracket firms on Wall Street are the DIRECT CAUSE of the great recession. They are the ones who bought the crap sub-prime loans, replenished the coffers of fly by night lenders, sliced and diced them, re-named and re-packaged them as Mortgage Backed Securities, coerced and blackmailed the ratings agencies to give them triple AAA credit ratings, and then sold these garbage investment vehicles around the world knowing full well the whole time this was a scam. These banks perpetrated the largest fraud known to mankind. They systemically brought down not only the U.S. economy but also the global economy. Countries such as Iceland have collapsed because they believed the lies that the thieves on Wall Street fed them and over levered themselves to buy RMBS investments. And now that the real estate bubble has collapsed, and these thieves cannot milk anymore revenue from the RMBS fraud, they are trying to create revenue on the backside by destroying the middle class and people’s lives, including mine. I have lost everything. I am three months from being homeless and living in my truck. I don’t have a ten million dollar mansion like Richard Fuld (Former Lehman Brothers CEO) to go home to, hundreds of millions of dollars in savings, or a private jet to fly me home to my estate in Chicago from NYC , every weekend, like Jamie Dimon. The only way an individual can let their anger known is by exercising freedom of choice. BOYCOTT these scumbag criminal organizations masquerading as banks and take your business elsewhere. They are a disgrace to America.

Alot of people handle there 401k different I do. If I can focus on my 401k and retire 20 years ahead of schedule, even after being taxed the hell and back, i plan on doing it and living much happier when im 40ish than I am now. With my last 2 year rate of returns, ive been told by co-workers i should change professions. Working for Best Buy in the Geek Squad field is at least paying the bills now.