Yup.
The median property in Detroit sells for $9,250.
Here's just one listing (they're easy to find) for a 3-bedroom house, 1 bathroom, built 1941. Price: $14,900.
Dang.
We spend more each year on groceries.
Apparently, this is what happens in places where supply exceeds demand.
Why does no one want to live in Detroit?
Do a search on its demographics...
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