Friday, March 06, 2009

Time To Move Back

House prices are allegedly going down, but as far as I can see, in the general area where I live, costs are still through the roof. Even a small place in a so-so neighborhood can run you a quarter million.

That's why I was so impressed by this article that says in Detroit, my hometown, the median place sells for $7500. Heck, I can buy a house outright! I'd buy a car to drive back, but I can't afford it.

4 Comments:

Anonymous Anonymous said...

Do you think Detroit housing is a better bet than the stock market?

9:50 AM, March 06, 2009  
Anonymous Anonymous said...

About the same

10:20 AM, March 06, 2009  
Anonymous Anonymous said...

Is this a joke? How is a home sold for $7500 possible? Even mobile homes can't be that cheap.

2:58 PM, March 07, 2009  
Anonymous Anonymous said...

I thought it was $18,000. But it has had me considering whether to go buy me a neighborhood.

5:17 PM, March 08, 2009  

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