(((Detroit Investor ))) explains cheap Detroit foreclosure properties

Things are heating up fast in Detroit's foreclosure investment market.
We keep you up to date on what is happening in America's most aggressive housing market.

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[toranamunter]

@910364 haha he just said "prices are through the roof" and "good investment" in the same sentence. Do you think the magical property price up machine will just keep spinning in Australia? China is busily accruing resources in countries where production is a tiny fraction of Australian unionised labour, China is desperate to dump their Australian suppliers. In my opinion, its a house of cards. And the Oz media would have you believe the strong $AUD is a good thing! hilarious.

[telemetry9]

the problem is.........without an economic heart. how are those communities going to stay alive.?

[NoMoreMJCVI]

@Lawdhavmerci1972 I got a much nicer place here in the midwest, without the crime and arsonist running around! Detroit is a dirty has-been place. I would know. I drove out of there for years as a trucker... You don't fool me!

[Pexterable]

lol "it's a competitive market out here in Detroit," who the hell is he kidding? 50 percent unemployment? Who the hell wants to buy a house in that city? F that. Anyone know how high property taxes are out there? I'm sure it's ridiculous since they're are so many non-producer there waiting for a handout.

[niceslug]

@FrankeeFraud sorry mate I am an Aussie, and I would nt invest there, but as for the blacks causing this is garbage, the town was built on the making of automobiles, and that is now sunk, modern day version of the ghost town, just bigger. the only people left are those with out resources that can not aford to leave, a pityful scenarion, it will eventually return to an agridultural town, if the local people there who are motivated are smart they will start looking at now.

[xxa455xx]

@Krifko not every neighborhood in Detroit is bad get real

[910364]

Australians are smarter and would even buy there, house prices here are through the roof and good investments not like the US. The world knows the US is fucked not blaming your people but somewhere a long the line your country dropped the ball and now is suffering And now third world countries are starting to rise which western countries can't compet with anymore Even though Australia has the best econmony in the world but that can change overnight and lot of that depends on china as well

[Krifko]

How is this 'investing'? You are buying shit property in an economically and socially depressed area. There is a reason why these houses are cheap - they are worthless. It is like buying deck chairs on the Titanic... while it is sinking. By the way, no offence, but everything about you screams "sham" to me. What real estate 'tycoon' is unshaven, wears a ragged hat with a cheap t-shirt, and uploads weird videos? Come on.

[Lawdhavmerci1972]

@NoMoreMJCVI Just ignorant undereducated folks like yourself!

[NoMoreMJCVI]

Too cold, and too many jiggaboo's. I live in the middle of the country, out in the woods. No jiggaboo's, and industry nearby for good jobs. LOL!