Auto Job Losses Change Michigan Second-Home Market

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Nov. 12 (Bloomberg) -- Kimberly Lingo, a real estate broker at Target Real Estate in East Tawas, Michigan, talks with Bloomberg's Chris Christoff about the vacation-home market in Northeastern Michigan. Northern summer homes for families in urban areas like Detroit and Flint are now the province of professionals and business owners with disposable income, a reflection of the state’s changing economy. (Source: Bloomberg)