I kinda wondered about all those stupidly cheap lots. At the price they are going for, there is a huge number of people in America that could buy them just for

I kinda wondered about all those stupidly cheap lots. At the price they are going for, there is a huge number of people in America that could buy them just for speculative reasons. Turns out if you do that, the city will take them back if you don't fix up the house and get it occupied. Source: Friend of mine bought cheap property in Detroit. Threatened with a lawsuit, so he gave it up to the city.