Hey y’all come look at this Detroit Philadelphia Cleveland and Houston are the stars of this thrilling revelation proving that it’s now cheaper to buy than rent the typical home Detroit the home to GMC Ford and America’s own Motor City stands as the ace boasting a staggering 24% discount in buying versus renting Here the American dream of home ownership shines brighter than ever before
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Don’t move yet. The downward trend will continue and you don’t want to be caught in a purchase that was too high.
Too many people are already in those cities. Plus the crime is too high.
Exactly what investors who have money invested in cheap homes would say
Move to Detroit so that In a year I can buy your house for pennies on the dollar 😂
Ask yourself why ?!!!!!!
Imagine somebody wanting to buy a house in Detroit
Just goes to show how bad Detroit is. You can't give homes away bc the crime is that bad. Once some giant developers reshape and force out the gangs then it will be liveable. But by then it will be more expensive. So I guess, yeah, u can get in early while it's cheap but you may die or lose your asset.