
Can you imagine the bidding war over a house that has a sales price of ONE DOLLAR!?
Bid 1: “I’ll go 10 cents”
Auctioneer: “Do I hear 20 cents?….{wait}….20 cents…{wait}…how about 15 cents!?”
Bid 2: “I’ll go 12 cents and not a penny more!”
Auctioneer: “12 cents…do I hear 13?…12 cents going once…twice…SOLD!”
Such is the state of the housing market in Democrat-ravaged Detroit. The former crown jewel city of Michigan, Detroit has seen it’s population shrink from 1.8M people (when Republicans ruled) to around 700K under Democrat “leadership.”
Homes like the one pictured above have been on the market for months, to the point where they are simply asking somebody, anybody to just take the property. These houses are only worth something if the city can TAX THEM! Don’t worry, once the taxes start, the home will suddenly increase in value determined by some tax-loving Democrat.
The funny thing about these houses is they begin at some perceived value, usually a few thousand dollars. Then you start looking at the “extras:” City run by Democrats, overrun by Muslims and black gangs. The fact is Detroit can’t sell this and many other houses even if they wrapped a few hundred dollars into the sale.
In sales where the city might give incentives, you’d actually have to LIVE THERE. And who wants to live in Detroit, unless you are terminally ill or insane.
Former DNC Chairman and presidential hopeful Howard Dean predicted that Detroit would come back.
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The fact is that Detroit has no solution to their woes. They can play the “blame game” with some Liberals having the nerve to blame Republicans, a group that mostly left that city decades ago.