RE: Ive been to Detroit and marveled at the street people going through garbage cans on the street in front of a bunch of closed down businesses.
The article states that you can buy a house in Detroit’s worst area for dollar ( that’s less than a standard MacDonald meal ).
If you’re an optimist and believe that something might rise out of the ashes ( like Hiroshima did ), you might want to consider investing a dollar ....
"I'll buy that for a dollar."
>>If youre an optimist and believe that something might rise out of the ashes ( like Hiroshima did ), you might want to consider investing a dollar<<
Not there. Not yet. They would LITERALLY have to pay me to take over one of those properties. $20k MIGHT do it, but I’d have to do more research.
I would no more buy property in Detroit than I would buy property in Sudan. And for similar reasons.