3 ms·
> properties are so cheap in Detroit From the article: > Owners of the arts incubator, who bought the building for $185,000 in 2000, sold it last year for $1
by sdinsn 7y ago
> properties are so cheap in Detroit
From the article:
> Owners of the arts incubator, who bought the building for $185,000 in 2000, sold it last year for $1 million, public records show.
Not so cheap...
- mc32 7y agoThat particular property isn’t cheap, but I think they’re saying if you’re looking for cheap property in Detroit there is property to be had for cheap, if you’re willing to work on the property and improve it (as the previous owners of property in question did).
- turtlecloud 7y ago185k In 2000 was actually a decent amount. In 2011 that same place was prob 40k or less. Not sure why they are using 2000 numbers when the low was between 2008-2013