Cheap property

Discussion in 'Off Topic / Chit-Chat' started by zig, 1 Sep 2008.

  1. zig

    zig Member

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    Location:
    Dublin Ireland
  2. LondonDragon

    LondonDragon Administrator Staff Member

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    Spam??? :lol: :lol: :lol:
     
  3. TDI-line

    TDI-line Member

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    Yaxley, Peterborough
    Out of my price range. :rolleyes:
     
  4. Steve Smith

    Steve Smith Member

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    Porperty in the smaller towns is generally dirt cheap compared to over here... My brother's house has 4 bedrooms (one downstairs), a large living room and dinning room seperated by glass doors, large kitchen, double garage, huge basement and a nice big back yard. It needed a little work, and didn't have aircon installed, but the whole lot cost him $50,000 several years ago. Wonderful period wooden floors and features. Something like this would cost you £180,000 easily...
     
  5. a1Matt

    a1Matt Member

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    Bromley
    £180,000! Double that price at least for Bromley :(
     
  6. zig

    zig Member

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    Location:
    Dublin Ireland
    No it ain't spam, there's always a catch of course, these are ghetto properties, the locals describe some areas of Detroit as Lebanon, a war zone. The properties may be only a dollar but they still have to pay municipal taxes, which could run you thousands per year with no hope of attracting any rental income, that's why they are so cheap.

    When I looked at this site a couple of weeks ago there were a lot more $1 properties on it , obviously sold (Or burnt down in the meantime) :lol:
     
  7. Carphunter57

    Carphunter57 Newly Registered

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    18 Sep 2008
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    Location:
    Hindon, Wilts & Ystrad Mynach South Wales
    I've had the pleasure of working in Detroit a couple of times and you would not want to own a property in the ghetto areas no matter how cheap, very scary place :twisted: :twisted: :twisted: loads of burnt out cars, derelict buildings, looks like a war zone.

    Last time I was there, there was a drive by shooting at the filling station next to the hotel where I was staying and 5 black guys were killed, which according to the receptionist was pretty much par for the course. :wideyed: :wideyed:
     

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