User avatar
falstaff
Posts: 5610
Joined: Sun Jun 25, 2006 6:17 am

MSN Misses Detroit On Affordable Houses

Thu Sep 10, 2009 9:16 pm

This afternoon I was looking at msn.com and they have a story on there about 125 cities (metro areas) where you can still buy a home for under $150,000.

http://realestate.msn.com/article.as...x?cp-documentid=21364704>1=35000

I checked out the list and Detroit wasn't on there, but Youngstown, Ohio is and that is just as big of a rust belt town as Detroit. You can buy a house in Detroit for $1000 (it will be a turd in a BAD neighborhood, but you can if you want. If you want a safe neighborhood without much trouble you could move to Taylor, MI. There are listings for under $10,000. There are move in condition houses on my street that have gone for $15,000. The house next door sold for $26,000 and the house across the street sold for $21,000. A house down the block sold for $6000. My house is worth about $20,000 ( I owe $81,000 and got a steal when I bought at the peak of the market at $93,000 houses like mine were going for around $105,000)

Big version: Width: 1024 Height: 768 File size: 207kb
My House


This is my house and there are plenty more in my neighborhood for under $25,000.

There are not many people buying right now, but some people are. There are people who have low wage jobs that could never have bought a house before that are buying houses. Why would MSN not list metro Detroit (Wayne County especially) on a list of affordable homes?

Is this just subtle case of detroit bashing?
My mug slaketh over on Falstaff N503
 
Force13
Posts: 192
Joined: Mon Jun 20, 2005 11:15 pm

RE: MSN Misses Detroit On Affordable Houses

Thu Sep 10, 2009 11:06 pm

I think it might be a case of appreciation. If you buy a house in Detroit for $100,000 will it be worth more in 5 years type-of-thing.
Do not taunt. Do not shake. Do not pander. Add coffee. Subject should be slightly human within an hour.

Who is online

Users browsing this forum: anshabhi, Grizzly410, sccutler and 6 guests

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos