4 ms·
Yes, it was. In Metro Detroit suburbs (nice) you could buy houses that sold for $200,000 for $20,000. In Detroit proper, you could buy houses that were move in
by segmondy 6y ago
Yes, it was.
In Metro Detroit suburbs (nice) you could buy houses that sold for $200,000 for $20,000. In Detroit proper, you could buy houses that were move in ready for $5,000. Those $5,000 houses are now back to $150,000 today. Those $20,000 are now $300,000 today. Someone I know bought a house that's now $1.5mil for $200k back then.