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Buyers can snap up a home for $400 in this shrinking Southern city — but there’s a catch
NY Post ^ | 09/04/2024 | Realtor.com

Posted on 09/04/2024 9:33:54 AM PDT by ChicagoConservative27

Homebuyers desperate for a deal might be curious to learn more about a tiny town in Arkansas where homes are selling for just over $400.

In Pine Bluff, just 45 miles outside of Little Rock, a home was recently sold for $402.74 at a tax auction.

The city found itself thrust into the spotlight when a documentary titled “The City Left Behind: $400 Abandoned Homes in Pine Bluff” got 1.6 million views in the past three weeks on YouTube.

“There is a surplus of properties—cheap!—that are prime for restoration and redevelopment,” filmmaker Michael Schwarz told Realtor.com®. “But not enough people willing to move to Pine Bluff, or not enough people currently living in Pine Bluff who can afford it.”

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Local News; Reference; Society
KEYWORDS: buyers; city; home; pinebluff; shrinking
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To: ChicagoConservative27

Smells of sulphur from the paper mill. High in crime. I had a large customer in the north part of PB. Just drove down frm the Little Rock airport hotel.


21 posted on 09/04/2024 10:39:47 AM PDT by mfish13 (Elections have Consequences.)
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To: ChicagoConservative27
Some years ago a facility near us closed and a number of employees were able to relocate to the Little Rock area. They were none too pleased with the reality of greater Little Rock, and a few actually wondered if it would be better to commute from Pine Bluff... until they visited it. As one guy put it, "Pine Bluff is like Little Rock in hospice."

I think that everyone who made the move and stayed in AR eventually ended up in the Ozarks.

22 posted on 09/04/2024 10:43:23 AM PDT by niteowl77
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To: ChicagoConservative27
races-Pine-Bluff-AR
23 posted on 09/04/2024 10:49:15 AM PDT by dynachrome (Auslander Raus!)
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To: ifinnegan

See #23


24 posted on 09/04/2024 10:50:49 AM PDT by dynachrome (Auslander Raus!)
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To: nitzy

City Data is a good site too.


25 posted on 09/04/2024 10:54:57 AM PDT by super7man (Madam Defarge, knitting, knitting, always knitting.)
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To: ChicagoConservative27

Things get any worse(CoL), thinking of expat to Ecuador/other.


26 posted on 09/04/2024 10:56:05 AM PDT by RckyRaCoCo (Time to throw them out of the Temple...again)
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To: usurper
The lack of jobs does not concern him as he's never had a job anyway.

Bless you.

27 posted on 09/04/2024 11:02:38 AM PDT by NautiNurse (With a cough and a sputter, the original lying dog-faced pony soldier is led out to pasture. )
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To: lefty-lie-spy

Pine Ridge was just what I thought about. Lum ‘n’ Abner would have been interesting neighbors.

(Yes, I do listen to SiriusXM Radio Classics)


28 posted on 09/04/2024 11:10:19 AM PDT by Moonmad27
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To: alexander_busek
how is this possible?

Well of course he's 36 and still lives with his mom and they just sold a small house in Lake Tahoe for 700K.

29 posted on 09/04/2024 11:12:17 AM PDT by usurper (AI was born with a birth defect.)
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To: faithhopecharity
how does a person who’s never worked buy a house?

He still lives with his mom at 36. She did not work either. They both sponged off her mom until she passed last year. I have refused to fund their lifestyle.

They sold grandmas house in Tahoe for 700k, bought in OK for 300K and they are now mortgage free.

30 posted on 09/04/2024 11:17:53 AM PDT by usurper (AI was born with a birth defect.)
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To: AppyPappy

West Virginia is the cheapest state in the country to buy a home.
I believe KY and IN are next in line.

Drugs are a major problem in WV. It was ground zero for the Opiod crisis. There were more Oxicotin pills given out in one WV county than anywhere else in the USA/World.


31 posted on 09/04/2024 11:28:56 AM PDT by woodbutcher1963
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To: usurper

hi!
yes, i figured that someone gave them the $$.
it takes money to buy houses and, for most of us anyway, work is how we get our $$.

My view for whatever it may be worth:
young folks being given too much $$ ruins their character for, often, their entire lives

too many young people given too much $$$$ is very damaging to our society, too

But yes, I wish I had had a generous grandma, smiles smiles smiles smiles


32 posted on 09/04/2024 11:33:58 AM PDT by faithhopecharity ("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: ChicagoConservative27

Once in a while, I’ll come across some YouTubes of some of the worst places to live in America. Places like Oakland, Detroit, Gary, and other Third World hell holes. Pine Bluff is one of those places. These Youtubers drive through the town recording block after block and mile after mile of urban ghettos that you do not want to be in day or night.


33 posted on 09/04/2024 11:37:25 AM PDT by Responsibility2nd (Leaving Abortion up to the States is like Leaving Slavery up to the States.)
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To: dynachrome

You posted a perfect post. A picture is worth 1000 words. And you posted exactly and precisely why Pine Bluff is the way it is without posting a single word.


34 posted on 09/04/2024 11:41:29 AM PDT by Responsibility2nd (Leaving Abortion up to the States is like Leaving Slavery up to the States.)
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To: nitzy

Another way to tell is to visit the local hospital ER after about midnight.

If it’s a steady stream of perps and cops, stay away. Double so if the local PD actually has an office in the ER.


35 posted on 09/04/2024 11:52:44 AM PDT by brianl703
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To: usurper
300K for a home near Pine Bluff is nuts. He paid a least twice what it was worth. Of course, what it's worth is what someone is willing to pay you. But gee whiz, you could buy all of Pine Bluff for that price.

36 posted on 09/04/2024 12:04:56 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: usurper

A house in Tahoe went for $700K? What was it? A shipping container?


37 posted on 09/04/2024 12:23:19 PM PDT by LouAvul (DEI = Didn't Earn It. )
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To: woodbutcher1963

The Oxy thing has pretty much run its course. You don’t see as many zombies in Princeton or Bluefield anymore. WV has done a good job of “cleaning itself up”.
Eastern KY is so poor, people in WV make fun of it. That being said, it makes towns in Virginia near the border with KY look good.


38 posted on 09/04/2024 12:27:36 PM PDT by AppyPappy (Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
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To: ChicagoConservative27
My father-in-law was born there in 1916 . . . his father was a Methodist minister and they were just passing through.

Sounds like a good place to be from.

39 posted on 09/04/2024 12:55:35 PM PDT by AnAmericanMother (Ecce Crucem Domini, fugite partes adversae. Vicit Leo de Tribu Iuda, Radix David, Alleluia!)
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To: usurper
My broke son just bought a house near there. It was about 300K.

What is the strategy for someone broke to buy a $300k house?

Axin' for a friend...

40 posted on 09/04/2024 12:58:01 PM PDT by newfreep ("There is no race problem...just a problem race")
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