Quote:
Originally Posted by thehand
"Realtor Ron Walraven had a three-bedroom house in the suburb of Bloomfield Hills that had listed for $525,000 sell for just $130,000 at the auction."
Bloomfield Hills? Wow I've been there, that's not a bad area!
|
Yea, I read that also... I don't know about some people here but I LOVE to buy low/sell high and/or the potentail to sell high. That's how investors do it! Isn't the capital Detriot?? All the Mayor's gotta do is say, we plan on contributing x amount of dollars to the revitalization and offer a tax abbatment (incentive towards buyers keeping taxes low for a specified area) That will bring investors and buyers to Detroit.
With new people and investment dollars coming in that will force the current people out and that area will increase over time. Look at other cities that went from shit to an affluent area
