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  • News: None of the houses were in Detroit.
  • CruiserTwelve: News: None of the houses were in Detroit.


    And 45 of the 57 pics were of the same house - that is currently for sale.
  • So, this is a mil in real money and NOT Monopoly money?
  • cmunic8r99: CruiserTwelve: News: None of the houses were in Detroit.

    And 45 of the 57 pics were of the same house - that is currently for sale.


    I would have loved to seen this be a "Old houses that were million Dollar NON McManshions were bought and rehabbed in Detroit"
  • All but 16 of the sales this year were in Oakland County, including the chart-topping $4.5-million deal in Bloomfield Township and a $3.9-million castle-like mansion with nine bathrooms on a private peninsula that Sergio Marchionne, the Chrysler andFiat CEO, snapped up in February.

    So they weren't in Detroit proper or even Wayne County. They were in the well-to-do suburbs to the north of Detroit.

    Clearly this is a shock to no one.
  • Anthracite: cmunic8r99: CruiserTwelve: News: None of the houses were in Detroit.

    And 45 of the 57 pics were of the same house - that is currently for sale.

    I would have loved to seen this be a "Old houses that were million Dollar NON McManshions were bought and rehabbed in Detroit"


    My first thought was that they were rehabbing that neighborhood off of Woodward--Edison Village? Or something like that, I think. An isolated enclave of old-money in downtown Detroit.
  • I'm a Michigander who works in real estate, and it's actually not as bad here as people think (though, granted, I work in what is easily the most affluent part of the state). The market, for the most part, has stabilized. There are some really, really nice houses on the market on the outer edges of Wayne county (e.g. Belleville), but the closer to you get to Detroit proper? You don't want to live there. A former coworker of mine had a house in Dearborn with her fiancee because it was cheap, and the whole thing ended up being gutted by looters (one of which her fiancee shot, and the police didn't give a damn). They ended up saying fark that and found more expensive but ultimately safer housing in Ann Arbor because she had a baby on the way and didn't want to deal with any nonsense.
  • breadprincess: I'm a Michigander who works in real estate, and it's actually not as bad here as people think (though, granted, I work in what is easily the most affluent part of the state). The market, for the most part, has stabilized. There are some really, really nice houses on the market on the outer edges of Wayne county (e.g. Belleville), but the closer to you get to Detroit proper? You don't want to live there. A former coworker of mine had a house in Dearborn with her fiancee because it was cheap, and the whole thing ended up being gutted by looters (one of which her fiancee shot, and the police didn't give a damn). They ended up saying fark that and found more expensive but ultimately safer housing in Ann Arbor because she had a baby on the way and didn't want to deal with any nonsense.


    Who says no one needs van AR-15. And pit bulls.
  • Yes but what they fail to tell you is the people buying them are on welfare/HUD Housing or in a Union as those are the only ones with the money (tax payer money) to afford it.
  • This is what happens 3-4 years after the federal government pumps billions of dollars into the auto industry...
  • I'd feel funny rubbing one out to internet porn in that office shown in pic #15.
  • I've said it before and I'll say it again.

    Legalize and use those abandoned buildings for growing.

    Win!
  • KimNorth: Yes but what they fail to tell you is the people buying them are on welfare/HUD Housing or in a Union as those are the only ones with the money (tax payer money) to afford it.


    Well, bless your heart.
  • So that means someone bought one this year?
  • Is a million dollar house in Detroit a house with $999,900 cash sitting in it?
  • KimNorth: Yes but what they fail to tell you is the people buying them are on welfare/HUD Housing or in a Union as those are the only ones with the money (tax payer money) to afford it.


    You sound really well informed. Please give us more details.
  • What demands for $1 million homes might look like

    i.imgur.comView Full Size
  • jso2897: KimNorth: Yes but what they fail to tell you is the people buying them are on welfare/HUD Housing or in a Union as those are the only ones with the money (tax payer money) to afford it.

    Well, bless your heart.

    jaytkay: KimNorth: Yes but what they fail to tell you is the people buying them are on welfare/HUD Housing or in a Union as those are the only ones with the money (tax payer money) to afford it.

    You sound really well informed. Please give us more details.


    Geez either you two or I have not had enough coffee yet it was a joke, you know all the tax money the car companies got and all the unemployment there, lighten up.

    //Hiting close to home, bad??
  • CruiserTwelve: News: None of the houses were in Detroit.


    This. I thought I recognized one of those houses that is on Lakeshore in Grosse Pointe.
  • More propaganda by the National Association of Realtors.
  • KimNorth: Geez either you two or I have not had enough coffee yet it was a joke, you know all the tax money the car companies got and all the unemployment there, lighten up.


    You need more coffee.
  • Detroit: Where racial tension mixed in with an economy too heavily dependent on one industry that ended up going through some turbulent times resulted in the epic clusterfark that we have come to know and mock today.
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