How Cheap Are Houses In Detroit Right Now? :mindblown:

[newarkhiphop]

aint i tell yall



How Cheap Are Houses In Detroit Right Now


1,419-square-foot, two-bathroom home with trees in the front: $1,250

Four-bedroom with study/den, porch, 1,753-square-feet: $15,000

3/1 all-brick colonial in a nice quiet suburb: $17,900

Four-bedroom, three-bathroom, 2,082-square-foot home with updated plumbing, circuit breakers, and landscaping: $50,000

 

[HollowPoints2]

Dirt cheap.

This is the best time for ppl with deep pockets to swoop in and buy up the commercial property.

 

[HollowPoints2]

Until black people learn how to police their own communities(hold the reckless thugs and corrupt politicians accountable) we will continue to see nice black cities fall apart.

Look at how nice these homes are.nice places to raise a family but soon most all of this property will be purchased by non-blacks and the city will look totally different.

Detroit lost 64 percent of its population.

BTW, the city was ran by Democrats for the past 30 years.

 

[Chris.B]

Blame the liberals for ruining a once great city.

You buy one of these houses and you are either getting shot at at night or will be robbed.
The neighborhood is trash

 

[Liquid]

Blame the liberals for ruining a once great city.

You buy one of these houses and you are either getting shot at at night or will be robbed.
The neighborhood is trash

buy and get out...you don't have to live there right away to own

 

[Blackking]

buy and get out...you don't have to live there right away to own

Basically.... who said live in the trap??

Also, some of these neighborhoods aren't bad... "aren't bad" as in unless you're into drugs or thug life.. or sex industry(hoe, stripper) you really aren't in any danger.

I'm working on a software deal right now.. I hope I get it, if I do, I'm coppin some homes... the best areas are already bought by a few blacks and mostly CAC. But you can tell which areas they are expanding the 'growth' to next. I think up woodward until u hit northend. and grandriver.

 

[Serious]

@88m3

 

[NZA]

call me crazy, but investing in a bankrupt city built around a type of labor that is never coming back doesnt seem like a good idea. i'd rather buy the cheapest property in a great location than to throw money at a disaster zone

 

[Chris.B]

buy and get out...you don't have to live there right away to own

No point in buying these houses are already used by squatters, drug dealers and sex workers.....

There is a reason why they don't show the inside of these "cheap houses"

 

[Majestyx]

midwest sucks...

 

[Liquid]

No point in buying these houses are already used by squatters, drug dealers and sex workers.....

There is a reason why they don't show the inside of these "cheap houses"

Its worth the risk, much wealth in this country is built on property. Yeah Detroit is in bad shape, but so was Newark...not as bad, but at one point Newark was an absolute disaster area.

Investing 5-10K isn't shyt...a person making minimum wage can pay that off in a year if they live at home.

 

[Blackking]

call me crazy, but investing in a bankrupt city built around a type of labor that is never coming back doesnt seem like a good idea. i'd rather buy the cheapest property in a great location than to throw money at a disaster zone

You're crazy. Think about it like this... the most wealthy people make madddd money during times of depression on a national and global scale. The best businessmen get in while shyt is... shyt.... because they know that shyt will eventually be gold. Right now Detroit isn't even really shyt in the core city. The downtown and midtown areas are real state and investment and Startup company fantasy lands. You think some of the top companies and CEO are buying shyt up to spark an old Detroit Movement with the same ass labor and same as type of people.

Sometimes people see more when they look at a picture - those people get wealthy while other naysayers stay at the bottom.. So I suggest looking at it differently. While in the military I bought one of my properties. The only thing I knew was that someone I know had 4 cars stolen in the area and I had 1 stolen within 2 years. I know that u hear random gun shots at night.. and a couple blocks up are friendly crackheads.

I get out military and I wanna come back 'home' so move to the wack ass suburbs - aka paying madd money for worthless property that has Middle CAC wanting to kill themselves and spend 401ks n shyt. That property - the entire area is different, banging, and developed - that shyt took only 7 years. CAC coming asking me if I'm selling some shyt in a place they used to be scared to come to. There is low crime in the area. Not like the rest of Detroit because the police are off the hook because everything is lining up and we all know that CAC protect their interest. Wayne State and downtown police respond quick as hell now.. when the average time used to be 30-60 min response time. Anyway, I see that for what it is.

Buying the cheap property in a 'great location' is retarded. The idea of a 'great location' is superficial and made up. Those locations are created because of suburbs, crime and white flight. The reason why white flight is always reversed and CEOs always come back to core city is because truthfully those are the most valuable properties.. regardless of their current state. How many abandon buildings are gonna turn into expensive lofts for people to realize?

 

[Blackking]

No point in buying these houses are already used by squatters, drug dealers and sex workers.....

There is a reason why they don't show the inside of these "cheap houses"

I've seen an entire community of crack heads and low income people get pushed 7 blocks back and replaced with CAC and pawgs (that u worship so much). I don't really know how that's done.. but when things are going to happen, there are ways to make it happen.

Also... the sex workers are there for everybody. From what I know only Atlanta and Vegas has more strip clubs and sex workers.... but There aren't people at every level of society that don't participate in all that

 

[NZA]

You're crazy. Think about it like this... the most wealthy people make madddd money during times of depression on a national and global scale. The best businessmen get in while shyt is... shyt.... because they know that shyt will eventually be gold. Right now Detroit isn't even really shyt in the core city. The downtown and midtown areas are real state and investment and Startup company fantasy lands. You think some of the top companies and CEO are buying shyt up to spark an old Detroit Movement with the same ass labor and same as type of people.

Sometimes people see more when they look at a picture - those people get wealthy while other naysayers stay at the bottom.. So I suggest looking at it differently. While in the military I bought one of my properties. The only thing I knew was that someone I know had 4 cars stolen in the area and I had 1 stolen within 2 years. I know that u hear random gun shots at night.. and a couple blocks up are friendly crackheads.

I get out military and I wanna come back 'home' so move to the wack ass suburbs - aka paying madd money for worthless property that has Middle CAC wanting to kill themselves and spend 401ks n shyt. That property - the entire area is different, banging, and developed - that shyt took only 7 years. CAC coming asking me if I'm selling some shyt in a place they used to be scared to come to. There is low crime in the area. Not like the rest of Detroit because the police are off the hook because everything is lining up and we all know that CAC protect their interest. Wayne State and downtown police respond quick as hell now.. when the average time used to be 30-60 min response time. Anyway, I see that for what it is.

Buying the cheap property in a 'great location' is retarded. The idea of a 'great location' is superficial and made up. Those locations are created because of suburbs, crime and white flight. The reason why white flight is always reversed and CEOs always come back to core city is because truthfully those are the most valuable properties.. regardless of their current state. How many abandon buildings are gonna turn into expensive lofts for people to realize?

yeah, i might be crazy, but ive seen too many bad things happen in my area when people choose price over location. it's breaking the cardinal rule of real estate: location, location, location...

if i was already rich i would be more inclined to gamble a few thousand on cheap houses, but with regular people money, no way

and desirable isnt merely about the whims of cacs. beaches, lakes, forests, universities, historically significant neighborhoods, etc. all serve as property value boosters.

 

[Kritic]

there are many ppl who buy these houses over the net and get there to see the houses and they don't look like what they were posted. the houses need work inside and out.
they are cheap for a real reason.

#don'tlike.