Comments on: Detroit Housing = ~$0

By: Ricardo

Ricardo — Tue, 25 Mar 2008 20:10:20 +0000

I want a house in the US! In Spain, Government builds “cheap” houses for young people and their prize is more or less 180.000 euros (280.000 US dollars)

By: LouisWu

LouisWu — Sat, 01 Mar 2008 02:07:36 +0000

Dave- – The bad news is the Republicans aren’t doing so well these days either. George and Arnie?

NOW WHAT DO WE DO??????

By: Krellan

Krellan — Fri, 29 Feb 2008 08:55:14 +0000

While we’re on the topic of YouTube and Detroit, here we go:

http://youtube.com/watch?v=nZIlba4zKeg

Maybe a bulldozed and rebuilt Detroit in the future will look like this?

By: Dave

Dave — Thu, 28 Feb 2008 18:30:53 +0000

The City of Detroit will sell you office buildings for $1 if you agree to fix them up (some of them literally have trees growing out of their roofs)

At the Detroit School book depository there are mushrooms growing out of workbooks that have sat for a decade or more.

Check the faq section of the Detroit city website for interesting q’s you won’t find in many other places.

Par for the course for a city run by Democrats for decades.

By: Scribe

Scribe — Thu, 28 Feb 2008 14:57:52 +0000

The property tax for the 2nd house in the picture was $2900/yr. I would imagine property insurance would be difficult and expensive to obtain.

Many of them are fire damaged and probably cannot be legally occupied therefore the structures are basically worthless. I am sure anything remotely valuable (like copper pipes and wiring) was removed long ago.

Apparently many of the fires are set by the owners (who blame arsonists) to collect the insurance money.

By: Finance Monk

Finance Monk — Thu, 28 Feb 2008 12:18:48 +0000

I’m reminded when Bart Simpson bought an abandoned warehouse downtown for $1. Those can’t be real…

I wonder what the yearly property tax amount is on those. I guess pennies are good for something after all.

By: flipper

flipper — Thu, 28 Feb 2008 10:07:25 +0000

I wonder if it is economical to scrap those for timber. Obviously all metall have already been removed.

By: Street Creds

Street Creds — Thu, 28 Feb 2008 05:31:53 +0000

You would need to replace all the old politicians first to do that. Otherwise, they will let the city return to weeds. This didn’t happen to Detroit in a vacuum.

By: Dick Jones, SVP Omni Consumer Products

Dick Jones, SVP Omni Consumer Products — Thu, 28 Feb 2008 05:09:48 +0000

Our plan should be to replace “Old Detroit” with “Delta City”, with a 21st century infrastructure, charter schools, tax breaks to bring in new industry, and efficient services.

By: Douglas Watts

Douglas Watts — Thu, 28 Feb 2008 04:44:46 +0000

Bring your bulldozer !!!