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Median Home Prices In Detroit Fall To $6,000. Get one for as low as $100

I like this one:

I could put a moat around it and make it my castle.

Though, something tells me that $150k in grant money won't come close to fixing-up any of those 'free' houses.

slide-301.jpg
 
are the houses really that cheap in a livable areas ? or they are all un-livable ?
 
Those houses would be worth literally 50 times more if it wasn't for social conditions in the city. What I don't understand is why no one has declared martial law to correct the social conditions. I don't understand why the rest of the country is so patient with it.
 
It is hard for us to think of a Great Depression as being a local sort of tumor rather than a cancer that destroys the entire body.

Detroit is become the same wasteland that the rural South too often is. Small towns with growing crime and poverty and an overpopulation of unemployed, often minorities and old people on fixed incomes. Property values march along steadily downward, business districts empty, and schools deteriorate in the carcasses of one-thriving communities.

Opportunity still exists here, but it requires going to where it endures, not holding on to what is Gone With The Wind.

As in Detroit's case, it doesn't do any good to inherit a Tara if no one can afford to farm it, or build cars there, or whatever. Mayberry has long been a rural ghetto -- now Detroit is the post-apocalyptic ruin from Escape From New York (or maybe more accurately, The Omega Man.)

No insult intended for those sticking it out in either, but it just seems a sorry end of it all, and neither case is one industry and civic planners did not see coming some decades ago.

thats is not livable. No wonder they are so cheap.
Livable areas are still expansive i guess.
 

interestins pic

MAN 110% concern it self image kind a fits

got a wonder da mountains of folk suck on theres a degrees ins world ova ans internet too no can figure evens halfs spit they pump up thir brain go make

moon yawns

maybe go give universitys mop ans bucket and point um in lot places around planet

:D

any reader read this post > it now century 2 million da squids took ova!
 
Question, If i buy the $6,000 house:

1/ Is there anyone who can help me to buy?
2/ Is there any yearly fee or any other fees?
3/ Are there any hidden costs ?
4/ Is there anyone who can help me renting out the house ?
5/ How do i start ?


:p
 
Sad to say, but Detroit is one of those cities that had one way of making a living for the most part, and one way only.
When the auto industry started to fail, that marked the beginning of the end for Detroit.
 
Hi,

in 1995, I've been to Detroit for a few days, and stayed at Ferndale. I don't know which street it was, but it was somewhere around the Wetmore's car repair shop. What I'm interested now, if anyone knows this area: Does this neighbourhood still exist, or is it one of the abandoned ones?

thanks,

cu,
salgai
 
The place is screwed because of number of factors from white flight to crime to the decline of the American automobile industry.
 
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