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1 posted on 03/08/2009 1:55:27 PM PDT by Extremely Extreme Extremist
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To: Extremely Extreme Extremist

but........is there an expectation that buyers will live in the houses?

How many of you would want to live in inner city Detroit, even if you could buy a house there for a dollar?


2 posted on 03/08/2009 1:56:49 PM PDT by Dilbert San Diego
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To: Extremely Extreme Extremist

I think I hear a great sucking sound. I’m not sure what the straw holders are getting though.


4 posted on 03/08/2009 1:59:17 PM PDT by cripplecreek (The poor bastards have us surrounded.)
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To: Extremely Extreme Extremist

"I'll buy that for a dollar."

5 posted on 03/08/2009 2:02:31 PM PDT by dfwgator (1996 2006 2008 - Good Things Come in Threes)
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To: Extremely Extreme Extremist

Muslim?


6 posted on 03/08/2009 2:03:53 PM PDT by maggief
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To: Extremely Extreme Extremist

I think ANYTHING in the US that involves land for $1 would be a great investment. Eventually.


7 posted on 03/08/2009 2:04:50 PM PDT by albie
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To: Extremely Extreme Extremist

What are the taxes involved in owning such a home?


10 posted on 03/08/2009 2:07:51 PM PDT by TypeZoNegative (Pro life & Vegan because I respect all life, Republican because our enemies don't respect ours.)
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To: Springman; sergeantdave; cyclotic; netmilsmom; RatsDawg; PGalt; FreedomHammer; queenkathy; ...

If you would like to be added or dropped from the Michigan ping list, please freepmail me.


11 posted on 03/08/2009 2:10:17 PM PDT by grellis (I am Jill's overwhelming sense of disgust.)
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To: Extremely Extreme Extremist

Must be slumlords,who would want to live in a shooting gallery?Not even for a dollar!


12 posted on 03/08/2009 2:13:22 PM PDT by nomad
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To: Extremely Extreme Extremist
Gimme five or ten acres in the mountains, with a trout stream or good panfish pond on the periphery, and the nearest neighbor about a mile away. That's what we're working on.


13 posted on 03/08/2009 2:15:58 PM PDT by Viking2002 (The Occupation has begun. God help America.)
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To: Extremely Extreme Extremist

“...enticed investors to Detroit from as far away as the United Kingdom and Australia.”

Hmmm, that’s one way to clean up the city.


14 posted on 03/08/2009 2:17:07 PM PDT by 353FMG
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To: Extremely Extreme Extremist
Unless this is in Downtown Detroit, Palmer Woods, Rosedale Park, Indian Village or maybe Mexicantown, no way. If it is in one of those areas, it may be worth a shot.

It may be "cheap", but there's often leins, tax claims, insurance, pain in the arse city ordaninces, assessments, and a 62 mills property tax rate there. That's not to mention crime. Grosse Pointe has a cheaper cost of living than Detroit.

16 posted on 03/08/2009 2:25:18 PM PDT by Darren McCarty (Obama = Jimmy Carter II)
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To: Extremely Extreme Extremist
to buy 50, 100, 1,000.'

The fools.

You couldn't give me one of those houses.

And I suspect those buying must indeed be far enough away to lack local experience.

They are likely brainwashed liberals, as well.

19 posted on 03/08/2009 3:10:26 PM PDT by Age of Reason
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To: Extremely Extreme Extremist
Detroit's Foreclosed Homes Attract Outside Buyers

Fools rush in, where wise men fear to tread...

23 posted on 03/08/2009 3:34:36 PM PDT by meyer (Obama is to the USA as Mugabe is to Zimbabwe.)
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To: Extremely Extreme Extremist

I saw documentry on TV a few weeks ago where a Canadian Real Estate tycoon is investing in Detroit.

Also the surrounding county wants to invest in major sites and most likely trumpt the looney tunes running the City Council.


26 posted on 03/08/2009 3:56:17 PM PDT by restornu (A.C.O.R.N ; ORGANIZING THE NEW WORLD ORDER ONE COUNTRY AT A TIME)
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To: Extremely Extreme Extremist

In Detroit, the property taxes are what will choke you.


28 posted on 03/08/2009 6:16:48 PM PDT by Alouette (Vicious Babushka)
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To: Extremely Extreme Extremist

A fool and ther money are soon parted.

As a former native of Detroit, These foreign investors have no conceptual idea of what the real Detroit is or ever will be.
Better to level the whole city to Eight Mile Road and give out forty acres and a mule and start over.

Detroit - a turd world city

Detroit Denby High School, Class of 1967


33 posted on 03/08/2009 8:49:41 PM PDT by wetgundog
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