Housing...

[pyat]

Attention, Slans!

Detroit has the affordable housing you need to start a Slan Commune, independent nation, religious compound, or slum!


$10 will buy you a cute bungalow..


$200 gets you this handsome 1650 square foot brick home with recent carpet and paint!

At the time I am posting this, there are 944 houses in Detroit for sale costing less than $5000. A significant number of those are under $1000.

Comments

[kianir.livejournal.com]

It's worth reiterating and interjecting Detroit's unemployment rate (in January, and things have not improved with the continued auto uncertainty) was 22.2%. A lot of houses in Detroit are simply abandoned -- the owners picked up and left town without bothering to sell the place, either because they owed too much, it was worthless, or what have you.

And, bit by bit, the scrappers are bringing the intrinsic value of these vacant structures down to their market value. Right along with the occupied ones. Just a couple weeks ago a coworker of mine who lives in the city (five, six miles from her) had the telephone line to his house scrapped. He has also lost numerous high-value car parts off his cars, like the catalytic converter and wheels, over the last couple years. It's really depressing to watch his neighborhood slide; they're huge, beautiful houses and big yards flush with trees.

[kianir.livejournal.com]

.. miles from *here*.