Sunday, September 06, 2009

CARPE DIEM: Average Home Price in Detroit Falls to $12,669

CARPE DIEM: Average Home Price in Detroit Falls to $12,669: "From the $97,850 peak Detroit home price in 2003, prices have fallen by an amazing 87%."
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The last person out needs to remember to turn off the lights.

2 comments:

Anonymous said...

Since HOAs supposedly preserve property values, Detroit erred in not privatizing local government into myriad HOAs, right?

Beth said...

The only people I know who live in Detroit live in a houseboat, so it'll be relatively easy for them to move, I guess.