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A 3 Bedroom Home In Detroit Is $500
Posted: April 25th, 2012, 11:39 am
by Taco
I thought this was intersting.
After a bargain? Own a three bedroom home in Detroit for JUST $500...as the city is revealed to have the cheapest housing in the U.S
Read more:
http://www.dailymail.co.uk/news/article ... z1t4x9vgdO
Posted: April 25th, 2012, 11:52 am
by xiongmao
Ha ha ha, try buying a house in Shanghai for that price! The world is turning itself on its head.
Posted: April 25th, 2012, 12:34 pm
by gsjackson
That $500 will buy you all the trouble in the world. I speak from painful experience. Don't put a nickel into Detroit.
Posted: April 26th, 2012, 8:31 am
by Taco
The House is $500 but unfortunately you need a $50,000 security system just to protect it, 10 ft. electric fence, CCTV cameras, mine field in your lawn etc...
Posted: April 26th, 2012, 10:13 am
by gsjackson
Taco wrote:The House is $500 but unfortunately you need a $50,000 security system just to protect it, 10 ft. electric fence, CCTV cameras, mine field in your lawn etc...
Yeah, just to keep it from becoming a crack house. Add in at least $300 a month for taxes, probably many thousands in necessary repairs, tenants who won't pay the rent and property managers who will steal it all if they do.
Posted: April 26th, 2012, 10:48 am
by E_Irizarry
gsjackson wrote:Taco wrote:The House is $500 but unfortunately you need a $50,000 security system just to protect it, 10 ft. electric fence, CCTV cameras, mine field in your lawn etc...
Yeah, just to keep it from becoming a crack house. Add in at least $300 a month for taxes, probably many thousands in necessary repairs, tenants who won't pay the rent and property managers who will steal it all if they do.
As Full Force said in the 80s, "WORD!"