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A $110.00 home in Detroit. Too much?

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zokudu said:
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The brake lights are on. Someone is still driving it. 😱
 
There's A LOT of houses missing on that street. That amazes me. Detroit is a modern marvel AFAIC. I've got to get up there before it gets "gentrified", and ruined :^D
 
In 50 years that's how 90% of the homes in America will look like anyway. Might as well snag it while it's cheap!
 
coldmeat said:
LOL check out the car in the driveway on google maps
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At first I was like 😕, but then I kept going and 😱.


Guy across the street doesn't look sketchy at all, and lol at the Range Rover down the street.

One does wonder why those houses were built so close together.
 
I inspect a lot of repo homes in Memphis for an insurance co. I had a guy offer to give me a 5 bedroom 2 bath home for free. I said no thanks. Crack heads had vandalized the house twice. It wasn't a bad house just a really bad neighborhood.
 
Red Squirrel said:
Yeah I don't get it either. I have seen 150k homes that still need like 50k of work done to them here. In fact that was pretty much the norm when I was house hunting. I could either buy a 200k home that hardly needed any work or a 150k home that needed TONS of work. The 100k homes would fall over if I looked at them funny.

I would think that with such low living costs more people would move to Detroit and just put up with the ghetto, and if enough people move, and fix up their homes, it would not be a ghetto anymore. Is the job market there THAT bad?
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Housing has always been cheap in the US. An $800/mo here in Toronto might get you an apartment that doesn't reek of weed and urine, but that's not likely. Detached houses rarely go for under $300k here.

Detroit's problems seem to me to be more social/cultural than economic. The 2008 recession can't be blamed since the city has been on this track since at least the 1960s. Detroit's crime rate is staggering. The violent crime rate is nearly four times higher than New York City. Crime in general is worse than Philadelphia and Camden.
 
weadjust said:
I inspect a lot of repo homes in Memphis for an insurance co. I had a guy offer to give me a 5 bedroom 2 bath home for free. I said no thanks. Crack heads had vandalized the house twice. It wasn't a bad house just a really bad neighborhood.
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Crackhead vandals are like zombies, except they smoke crack and vandalize free houses. :ninja:
 
FelixDeKat said:
Sad little ceiling fan. Nobody loves you. :'(
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The reason the fan blades are bent like that is due to water damage. You would have to remove all the walls, ceiling, trim, hardwood floors, and insulation. Note the water stains on the ceiling and walls. Roof is leaking and possible burst or stolen plumbing. Water stains on the walls aren't from roof leak. Also mold problems.
 
Demo24 said:
At first I was like 😕, but then I kept going and 😱.


Guy across the street doesn't look sketchy at all, and lol at the Range Rover down the street.

One does wonder why those houses were built so close together.
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They were factory houses for factory workers. They stood side by side with their coworkers all day. It didnt matter much that their house was only a few feet away.
 
Assuming you attempted to purchase that house, you would be murdered when inspecting it. Also, get ready to pay a few grand in property taxes. <3 Detroit 😀
 
rcpratt said:
That car may be the funniest thing I have ever seen on google maps.

MagnusTheBrewer said:
Yes, the job market there is really that bad. Where have you been? I wasn't hyperbolizing when I said, the government has literally abandoned it.
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🙄
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What part of ~22% unemployment and an hour wait for emergency services do you find unbelievable? I guess Detroit wasn't "too big to fail." What's the Federal Government doing? The problem is too big for local government to fix because there's no tax base. Industry won't step up because there's no trained employee base. It will become a modern day ghost town. ~70 to 75% of Detroit's population has left. If you don't call that abandonment, what do you call it?
 
MagnusTheBrewer said:
What part of ~22% unemployment and an hour wait for emergency services do you find unbelievable? I guess Detroit wasn't "too big to fail." What's the Federal Government doing? The problem is too big for local government to fix because there's no tax base. Industry won't step up because there's no trained employee base. It will become a modern day ghost town. ~70 to 75% of Detroit's population has left. If you don't call that abandonment, what do you call it?
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And if you go back in history it was the model town in the 70's and a great example of what we should never do! And I will let it go at that.
 
*kjm said:
And if you go back in history it was the model town in the 70's and a great example of what we should never do! And I will let it go at that.
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Detroit has always had problems. My point is, do we let a city that size simply turn into a ghost town? What kind of wonderful crime world can we invent when the scum have an entire city to play in? Do we just build a high tech wall around it and shoot anyone trying to leave? Sounds like some anime fantasy. BTW, since were talking about history, you do know the black plague is alive and well, right? I wonder what kind of environment would bring it back full force...
 
Not a good area, far side of city airport, I worked not too far from there 20 years ago.

All that missing plaster and those bent fans are water damage. Expect to see an multiple open air skylights. 🙂

Strip all the plaster, put on a new roof, seal all the wood, insulate and drywall, re-install all the copper pipes and most of the wiring. You'd spend $40K and when you got done you could resell it for $15-20K.
 
MagnusTheBrewer said:
Detroit has always had problems. My point is, do we let a city that size simply turn into a ghost town? What kind of wonderful crime world can we invent when the scum have an entire city to play in? Do we just build a high tech wall around it and shoot anyone trying to leave? Sounds like some anime fantasy. BTW, since were talking about history, you do know the black plague is alive and well, right? I wonder what kind of environment would bring it back full force...
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Unfortunately the master plan being formulated and is the only hope is to abandon large tracks of land and turn them into green fields like is being done in Flint. The city of Flint is essentially downsizing.
 
I kinda want to find some hard-up folks on craigslist who are looking for work and housing and offering to work for trade on their housing, and just buy them a bus ticket and a house.
 
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