[pinochet]

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.

[MarineDad]

"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.

[silverleaf]

I’ll take the car!

[Black Agnes]

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

[proxy_user]

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

[Yosemitest]

WHY would anyone
want to live in
DEMOCRAT HELL ?

[bert]

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

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

[ZirconEncrustedTweezers]

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

[Fast Moving Angel]

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.

[Opinionated Blowhard]

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.”

[USS Johnston]

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

[Slyfox]

What I find interesting is that the lib-commies would like to force us all into ghetto-prisons.

Excepting that most of us escaped years ago.

Even so, they still pass laws to force us to "enjoy" ghetto life to make it seem more desirable not to live where we want.

They make sure the price of gas is high to get us to buy their Priuses and they make us wrap up our garbage like little presents to their gods.

We are just too mobile for them. Praise the Lord!

They sure do have their work cut out for them, don't they?

[CSM]

“The article also says that you can get a huge 8 bedroom mansion with two levels and a 3 car garage for $14,000.”

Sure, but you will need to spend a lot of money to re-plumb, re-wire, etc. Those abandoned homes have been stripped to the studs. In many cases you will have to do the work multiple times as you are refurbishing, often the new wiring or pipes get stolen as soon as it is installed.

[Persevero]

I like to think about taking 500 like minded friends and buying up a major portion, running it locally like godly conservatives, and just sort of reclaiming the space with some sanity.

Sadly I have nowhere near 500 friends. It would be cool, though.

[TheThirdRuffian]

Well, duh. You can’t flee Detroit in a house.

[AngelesCrestHighway]

$6000 for a house in Detroit?...I'll take Al Bundy's car first!

[P.O.E.]

Wonder if Detroit was facing an Obamacare death panel what the decision would be?

[ken5050]

Here's a story from the Detroit Free Press last week:

"Detroit bankruptcy unlikely to hurt home prices" Or, it can't get any worse..

[Duckdog]

Could some one buy the house and then have it moved to a better location?

[wjcsux]

later

[Phillyred]

Some less than a used laptop:

http://www.zillow.com/homedetails/13548-Gallagher-St-Hamtramck-MI-48212/88417122_zpid/