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Editorial: Jackson bucks trend

Wednesday, February 6, 2008

Recent data obtained by the Southeast Missourian shows that the Jackson area is bucking a national trend.

While national headlines portray the housing market as an exploded balloon, Jackson has rebounded nicely after a somewhat slower year in 2006. In 2007, the city issued permits for 62 new single-family homes, up from 48 the year prior.

Many of these homes are being built by developer Mike Mathes, who is selling them to investors from California, who are then renting the homes.

While the national media perpetuates a doom-and-gloom economic outlook, many in Southeast Missouri are sticking with a steady approach. While the area is not immune to dip, the economy in this area never seems to get hit quite as hard as areas along the coasts. Perhaps it's because we boast an area that is more self-sufficient than other areas. Perhaps our folks are just more patient. Or perhaps it's partly because our leaders don't buy into the consistent media speculation that the next Great Depression is just around the corner.

Whatever the case, it's apparent that Jackson is doing some things right. It's a thriving community that continues to entice more people to live there.

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Jackson's not perfect by any means, but none the less is a great town in which to live, not to mention a great school system.

-- Posted by FreedomFadingFast on Wed, Feb 6, 2008, at 6:34 AM

Who wrote this article?

-- Posted by coke zero on Wed, Feb 6, 2008, at 6:38 AM

There will come a point when there are more new spec homes built than there are buyers. Then watch your home prices go down.

Some people move to Jackson out of area towns under the assumption that Jackson has less crime and better schools. Nothing could be further from the truth. In the past few years we have learned that Jackson is a town with tons of problems, some being compounded by increasing numbers of people moving to Jackson.

One last thing. Have you seen some of the goofy looking two story house things that Mathes is building in the subdivision between Jackson and Gordonville on HYW 25? UUUUgly! It looks like that entire subdivision is turning into rentals.

-- Posted by Make no mistake about it on Wed, Feb 6, 2008, at 9:44 AM

The houses that are being built by Mike Mathis are not quality built homes. I feel sorry for anyone who ends up living in them.

I have nothing against rental property, because at one time I myself was a renter. But when you put home after home as rental property it's not good. Mike Mathis is not looking out for the wellness of Jackson, but wellness of his pocket book.

I have two questions for Mike Mathis: Would you but all of those stupid looking homes next to your own home? Would you put several rental properties next to your own home? If your answers are yes then would you please move all those rental properties your way, we don't want them.

-- Posted by tee89 on Wed, Feb 6, 2008, at 8:19 PM

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