Houses in detroit are insanely cheap.

[WarriorSoul]

so is Chicago and New York but people can't even afford to buy real estate

WTF are you talking about? New York City (which spans several boroughs) is nowhere near ****cide central like Chicago or even Detroit. This isn't the 1980's NYC, a lot's changed since then.

[WarriorSoul]

Americas most dangerous cities.

#4 New York
Violent Crimes per 100,000: 887
http://www.forbes.com/2009/04/23/mos..._slide_13.html

#3 Miami
Violent Crimes per 100,000: 988
http://www.forbes.com/2009/04/23/mos..._slide_14.html

#2 Memphis
Violent Crimes per 100,000: 1,218
http://www.forbes.com/2009/04/23/mos..._slide_15.html

1# Detroit
Violent Crimes per 100,000: 1,220
http://www.forbes.com/2009/04/23/mos..._slide_16.html

#4 is Las Vegas on that link you posted, not NYC.

[TBear]

Can that original listing and the site it's on be legit? I looked at other listings at other sites and it seems false.

This is an average home priced around 77,000 looking at realestate sites.


This one is going for 129,000


It is a buyer's market in the Detroit area no doubt but if I could get houses there like the ones at the site in the opening post, I would buy a couple now.

[F l i c k e r]

life in detroit is insanely shyt.

good luck living there.

[jaded]

The average price of a detached home in Vancouver BC in July 2012 was $950,000.

[T.Horton]

i'm thinking that at 11k i might just put that house on a couple of credit cards.

[-jose-]

so there were 75,000 Homicides in Detroit last year?

not in a year...just in a six month period...

[-jose-]

True, in a few years you would make your money back as well.

Could also turn the place into a small private business, perhaps an Asian massage parlor :boobies:

now thinking!
we should go into business together...

[Banderivets]

I know quite a few Canadians who buy up these houses in detroit, but the more expensive ones.....like in the 25-35k range and then they have American based management firms collect the rent for them and lease it out as well.

[New England]

i'm thinking that at 11k i might just put that house on a couple of credit cards.

big timers pay "straight cash, homie."