Yikes…wouldn’t want to own property in Detroit right now….then again, I could move in and buy a neighborhood for myself, no?
At least 16 Detroit houses up for sale on Sunday sold for $30,000 or less.
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.
“You can’t buy a used car for that,” said Izairi. “It’s a gamble, and you have to wonder how low it’s going to get.”
Um, anyone live in Detroit? I knew it was bad, but not THIS bad!