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Old 07-24-2013, 08:28 AM   #117
valo403
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Join Date: Feb 2009
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Quote:
Originally Posted by dissentowner View Post
If you believe the city will bounce back some of these might be an interesting investment.
http://www.buzzfeed.com/summeranne/detroit-cheap-houses
The big problem a lot of people seem to be pointing out with buying in Detroit in the hopes it will bounce back is that there are a ton of houses available, and a ton of land, so even in a great bounce back there isn't going to be that supply/demand crunch to push prices up enough to make the risk worth it.
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