Cheap, vacant houses in Detroit attract foreign investors (Photos)

Detroit has more than 80,000 vacant structures, most of which are houses.

Many of the abandoned homes are gutted, burned and in dangerous, underserved neighborhoods. But that hasn’t stopped investors from as far away as China from gobbling up properties after word spread that houses were selling for as low as $100.

What do these homes look like? Below are examples spread throughout virtually every Detroit neighborhood.

Click on a photo to view the photo gallery.

Steve Neavling

Steve Neavling lives and works in Detroit as an investigative journalist. His stories have uncovered corruption, led to arrests and reforms and prompted FBI investigations.