Last year we wrote about a reported 4,400 square foot home for sale in Detroit with an asking price of $35,000.
You demanded better value, and it looks like Detroit is delivering! Specifically, QMI Agency reports Detroit is auctioning off homes as large as 2,354 square feet, with bids starting at $1,000.
3 Questions That Arise From This Story
1. Does this mean that real-world Detroit is on a slippery slope to decline to the fictional Detroit portrayed in the original Robocop, where Bixby Snyder exclaimed “I’d buy that for a dollar!”
2. “When is the price of a house from Detroit going to cost less than a plane ticket out of Detroit?” – Question asked by everyone in Detroit wondering if that plane ticket option may soon evaporate into thin-tumbleweed-blowing air.
3. “Hey, for that price I could bought four houses on Indiana Avenue in Monopoly. Indiana borders Michigan…
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