Got spare change? Buy a house!

Maybe I should buy a house:

It may be tough to get financing for a new car these days, but in Detroit you can buy a house with a credit card.

The median price of a home sold in Detroit in December was $7,500, according to Realcomp, a listing service.

Not $75,000. Remove a zero—it’s seven thousand five hundred dollars, substantially less than the lowest-price car on the new-car market.

(Via Radley Balko)

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One Response to “Got spare change? Buy a house!”

  1. rachel Says:

    Well, if you want to live in Detroit…

    Prices don’t go that low unless there’s something seriously wrong.

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