Announcement

Collapse
No announcement yet.

Detroit housing

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Detroit housing

    I ran across this today and was honestly shocked at how bad Detroit is doing.

    2200 houses less than $10,000.
    http://www.realtor.com/realestateand...le-family-home

    Then you look at the crime statistics:
    http://detroit.areaconnect.com/crime1.htm

    What could possibly fix this mess? GM doing better isn't going to solve this problem.

    edit: look at this beautiful house. 5000 sq ft for $279.

  • #2
    yep things are bad...... and not going to get better anytime soon. The state is doing NOTHING to bring any other industry in so no jobs.

    BTW while that is a heck of a home, you wouldnt want to live in that area.
    Kevin
    Motor City Custom Audio
    Your Onix and MELODY Dealer for MI,IN,IL,MO,IA,MN,WI and Canada
    Bringing you Chopped/Cut/Modified Subwoofer Kits and even Flames if you want

    Comment


    • #3
      Just buy a whole block for cheap and tear it all down, then build to suit.

      Comment


      • #4
        Originally posted by madpoet
        Just buy a whole block for cheap and tear it all down, then build to suit.
        Just be sure to build a VERY tall fence all the way around the neighborhood so no one can get in :stirthepot:

        Comment


        • #5
          In SoCal I paid $320K for my 3 bedroom 1000 ft^2 house in Dec. of 2007, three years ago the same houses were going for $500K. Of course, you could probably have gotten a reverse amortized $500K loan for $1,700 mo for five years. :yes:

          Comment


          • #6
            Originally posted by skeeter99
            Just be sure to build a VERY tall fence all the way around the neighborhood so no one can get in :stirthepot:
            With the cheap houses I could probably afford armed guards to keep my city block secure.

            It really looks like they need to just level those neighborhoods and start over.

            Comment


            • #7
              Originally posted by Sandbagger

              BTW while that is a heck of a home, you wouldnt want to live in that area.
              It is sad to see such a beautiful home that no one wants because of the surrounding community.

              Comment


              • #8
                They just need Robocop to set things right..then all will be well...
                LCR: Gedlee Abbeys for LR and Nathan for Center Surround & rear 4 x Sho10's
                Subs: 4 x 18.2
                Electronics: Marantz SR7002, Acurus 200x3 (LCR), PS3, HTPC, CDP300, Mits HC1500, Elite Peregrine 2.35 156" Acousticpro4k

                Comment

                Working...
                X