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Did You Know That Houses In Detroit Are Cheaper Than Used Cars?

Posted on 07/24/2013 8:16:58 AM PDT by pinochet

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If you have a bullet-proof car, and you walk around with a bullet proof-vest, and you have a full-time muscular bodyguard, the $6000 price for a house in Detroit is an excellent deal. If you do not want to be disturbed by the sound of gunshots at night, you simply need a set of ear muffs.

The article also says that you can get a huge 8 bedroom mansion with two levels and a 3 car garage for $14,000. A similar house in a "good neighborhood" would cost millions of dollars. Those extra bedrooms can accommodate bodyguards.

1 posted on 07/24/2013 8:16:58 AM PDT by pinochet
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To: pinochet
"This article from Bloomberg Businessweek says that you can buy a house in Detroit for $6,000."

I wish Bloomberg would buy one of these great deals and move into it.

2 posted on 07/24/2013 8:18:35 AM PDT by MarineDad (Wherever mosques and JDAM's meet, civilization benefits greatly!)
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To: pinochet

I’ll take the car!


3 posted on 07/24/2013 8:19:24 AM PDT by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: pinochet

You’ll need the extra millions to pay back taxes you’ll get when you buy the silly thing.


4 posted on 07/24/2013 8:19:37 AM PDT by Black Agnes
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To: pinochet

If you have the car, you can drive out of Detroit. With the house, you are stuck there.


5 posted on 07/24/2013 8:20:44 AM PDT by proxy_user
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To: pinochet
WHY would anyone
want to live in
DEMOCRAT HELL ?

6 posted on 07/24/2013 8:20:55 AM PDT by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: MarineDad

Detroit sounds like an opportunity for a foreign power to move in, buy that real estate and colonize it, like in Africa

China maybe?


7 posted on 07/24/2013 8:21:14 AM PDT by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: proxy_user

Not necessarily... all those houses were abandoned after all


8 posted on 07/24/2013 8:21:16 AM PDT by GeronL
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To: pinochet

A used car can flee...... be driven away from Deetroit.

A cheap house can only depreciate further. It must remain in place


9 posted on 07/24/2013 8:22:53 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: pinochet

I’m pretty sure I’d rather live in a car than in a house in Detroit...


10 posted on 07/24/2013 8:23:29 AM PDT by ZirconEncrustedTweezers (The average American voter is an idiot. Which is how the Dems want it.)
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To: Black Agnes

Exactly. Some entrepreneurs could simply by up whole blocks of the wasteland there for pennies and sit on it waiting for the big turn around, BUT: there ain’t gonna be no turnaround, and the taxes are unaffordable now and highly unpredictable for the future.

The doctor in charge of this case of multi-system failure needs to simply call the code.


11 posted on 07/24/2013 8:27:37 AM PDT by dagogo redux (A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
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To: dagogo redux

If you look at some of the housing built in the 20’s-40’s there are some gorgeous mansions clearly built by the 1%. The workmanship in them is breathtaking. Within a decade they’ll be burned out shells used as drug dens.

It’s heartbreaking in a way.


12 posted on 07/24/2013 8:31:47 AM PDT by Black Agnes
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To: dagogo redux

This is a DNR patient.


13 posted on 07/24/2013 8:37:25 AM PDT by SE Mom (Proud mom of an Iraq war combat vet)
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To: pinochet

Not only that, the reason the price of used cars has gone up is because of the government’s idiot Cash for Clunkers program that took so many of them off the market. Brilliant.


14 posted on 07/24/2013 8:42:10 AM PDT by Fast Moving Angel (A moral wrong is not a civil right: No religious sanction of an irreligious act.)
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To: pinochet

A good friend of mine, who is black and who grew up in the inner city, told me why this is the case in inner city neighborhoods — its because “you can sleep in your car but you can’t cruise in your house.”


15 posted on 07/24/2013 8:43:18 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: silverleaf
It doesn't have to be a foreign power. It could be any group with financing behind it. Mormons? A business group? Conservatives?

Buy up blocks at time, secure them, then renovate them. Do it again as each neighborhood is reclaimed. Use a type of indentured servitude employee, a small salary, housing and food. Have them work at security and remodeling. Teach them skills in the trades. Open general stores at first. Build small production factories making anything. Start a trucking company.

The perfect people to do this are the young unemployed, especially from rural areas as they will already know how to use guns, some tools and machinery. Give them the adventure of re-birthing a city with the promise of a house after so much work. All the while indoctrinating them with American spirit and conservative values.

16 posted on 07/24/2013 8:44:49 AM PDT by Betty Jane
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To: Black Agnes

It is true. When it comes to woodworking and craftsmanship of plaster, masonry, glass, etc. you could not afford to build some of those houses today they way they were built back in the early 20th century.

Unfortunately, most have been stripped of anything of value, starting with the copper.


17 posted on 07/24/2013 8:46:14 AM PDT by woodbutcher1963
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To: woodbutcher1963

Like this one:

http://www.trulia.com/property/3099712890-1900-Strathcona-Dr-Detroit-MI-48203#photo-15

And as I said on another thread. It’s obvious that the ‘class’ of people who own the house now is very different from the ‘class’ of people who built it originally. The furniture is nice enough for a middle class home but is nothing like the furniture and decor that was there originally.

I won’t say anything about the Obama picture that graces one of the snapshots.


18 posted on 07/24/2013 8:51:13 AM PDT by Black Agnes
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To: Black Agnes

>>If you look at some of the housing built in the 20’s-40’s there are some gorgeous mansions clearly built by the 1%. The workmanship in them is breathtaking. Within a decade they’ll be burned out shells used as drug dens. It’s heartbreaking in a way.<<

Heartbreaking indeed. My grandparents owned two adjacent homes in Detroit (sidebar: The rumor is that grandma was involved in the underground railroad, and I always believed it because I played in a dirt tunnel that connected the 2 homes, but that’s beside the point). These homes — not just grandma’s — truly were breathtakingly beautiful. Of course, part of the reason they are being sold dirt cheap is because most of them already ARE burned out drug dens and squatter homes.

Of all the crap that is Detroit now, I think the state of these homes is what gets me the most...hence, why your post touched me.

Even if I could track down grandma’s homes, I wouldn’t give a thin dime to the PTB for them — I’ve already paid my dues, including part of the heart and soul, to the communist monsters who have destroyed my home town.


19 posted on 07/24/2013 8:53:37 AM PDT by viaveritasvita ("The One who reigns forever, He is a friend of mine, the G-d of angel armies, is always by my side.")
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To: pinochet

I’d rather have invested in Hiroshima, August, 1945.


20 posted on 07/24/2013 8:55:05 AM PDT by USS Johnston (Is life so dear or peace so sweet as to be bought at the price of chains & slavery? - Patrick Henry)
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