Wednesday, March 21, 2007

Detroit houses selling for less than cars


Houses in Detroit are selling for less than new cars:
Folks, the ground underneath the house goes with it. You do know that, right?" he offered.

After selling house after house in the Motor City for less than the $29,000 it costs to buy the average new car, the auctioneer tried a new line: "The lumber in the house is worth more than that!"

Link (via MeFi)



posted by Cory Doctorow at 09:47:30 AM permalink | Other blogs' comments

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