Originally posted by Own3d
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Houses in detroit are insanely cheap.
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Detroit is a 3rd world country. They should probably revert to some sort agrarian society...have people turn their property into urban farms and have people farm off the land to produce food.
bring back the cotton fields, corn fields, chicken farms, etc etc
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people do have money. if that place didn't have enough things going against it somebody would have purchased it by now. if it was too good to be true you can bet that somebody paid cash for it and is making bank right now. i'd guess that it's in condemnable condition and in an awful neighborhood.
now, that said, houses are crazy cheap right now. they're cheap all over. interest rates are low as hell as well. now is the time
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