Friday, June 19, 2009

Got $100? Welcome to your new Detroit home - CNN.com

Got $100? Welcome to your new Detroit home - CNN.com: "But this depressed housing market dream is real. And Detroit, Michigan, artist Jon Brumit and his wife, Sarah, are living it.

The couple never counted on owning a home.

'It's not that we have a little money,' Jon Brumit said, laughing. 'I'm saying we have no money.'"

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Average price of a house in Detroit: $11,533. Some you can buy for a dollar. So "artists" are buying them. I envision Detroit becoming a haven for artists and English majors.

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