Here are some $1 homes in Detroit
And some pricier ones for the wealthy.
Detroit Real Estate – Detroit, MI Homes for Sale – realtor.com®
Good news – President Obama saved Detroit.
[youtube=http://www.youtube.com/watch?v=pm9e6itSzuI]
Disrupting the Borg is expensive and time consuming!
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What’s the realtors commission on a one dollar house?
5-10 cents.
Gouging.
I could own an entire block in Detroit for less than it takes to fill my gas tank. That would put me in the same boat at Congressman Rangels of New York who owns a large portion of New York City’s slums.
How about a houseboat, with its own airport for a penny…
“The U.S. Navy turned over the 1,067-foot behemoth to a Texas company, All Star Metals, to be dismantled, scrapped and recycled, giving the firm the sum of one penny for its trouble, Navy officials announced. It’s an inauspicious fate for a ship with a colorful — and tragic — history. It’s perhaps best known for a 1967 incident in which stray voltage triggered an accidental explosion that struck a plane on the flight deck whose cockpit was occupied by a young John McCain. A chain reaction of blasts and fires ultimately killed 134 men and injured more than 300.”
Dang and just to think it could have killed 135 people and the world would be a better place~ Not a big McCain supporter
One Dollar…. but who are the neighbors??
http://www.youtube.com/watch?v=zMUGJZrR9Jg
According to MS Streets & Trips: Mexicans.
A 140-Acre Forest Is About to Materialize in the Middle of Detroit
http://www.theatlanticcities.com/neighborhoods/2013/10/140-acre-forest-about-materialize-middle-detroit/7371/
“After nearly five years of planning, a large-scale attempt to turn a big chunk of Detroit into an urban forest is now underway. The purchase of more than 1,500 vacant city-owned lots on the city’s lower east side – a total of more than 140 acres – got final approval from Detroit Emergency Manager Kevyn Orr and Michigan Governor Rick Snyder last week.
The buyer is Hantz Farms, and it’s a venture of financier John Hantz, who lives in the nearby Indian Village neighborhood. Indian Village is an affluent enclave of manor-scale historic homes, but much of the surrounding area is blighted. Hantz Farms will pay more than $500,000 for the land, which consists of non-contiguous parcels in an area where occupied homes are increasingly surrounding by abandoned properties.
The company has committed to clearing 50 derelict structures, cleaning up the garbage dumped across the neighborhood, planting 15,000 trees, and mowing regularly. Planting of the hardwoods will begin in earnest next fall, and the urban forest will be called Hantz Woodlands.”
Good idea, except for the mowing part.
They want people to rehab the houses and pay the real estate taxes.
Those houses are worth $1 more than a license to generate solar power. Perhaps they need more subsidies?
http://www.foxnews.com/politics/2013/10/26/colorado-solar-auction-draws-no-bids/?intcmp=latestnews