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qBit
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qBit 6246 days ago
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 Houses cheaper than cars in Detroit
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Posted on 03-19-07 4:13 PM     Reply [Subscribe]
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Pretty Disturbing...
Hopefully no one here has a house in Detroit


Some excerpts from the article:
"After selling house after house in the Motor City for less than the $29,000......"

"... At least 16 Detroit houses up for sale on Sunday sold for $30,000 or less. ...."

".....he thought were bargains at $70,000 two years ago were now selling for just $35,000...."

"A boarded-up bungalow on the city's west side brought $1,300. A four-bedroom house near the original Motown recording studio sold for $7,000."
 
Posted on 03-19-07 4:16 PM     Reply [Subscribe]
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Forgot the link:
Sorry the link didn;t come:
http://www.reuters.com/article/domesticNews/idUSN1927997820070319?src=031907_16_TOPSTORY_houses_cheaper_than_cars_in_detroit&pageNumber=1
 
Posted on 03-19-07 7:10 PM     Reply [Subscribe]
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probably in a very bad neighborhood. No surprise there. I would not live in very bad neighborhood even if it is for free.
 

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