That sold for what?! 7 revealing facts about tax auction in Detroit
All houses and buildings started with a $500 bid. There were bargains, surprises and duds.
All houses and buildings started with a $500 bid. There were bargains, surprises and duds.
New concerns were raised after the investors released a rambling, grammatically flawed statement about a “prophesy.”
It would be a fitting new chapter for a factory that has come to symbolize Detroit’s decline.
Over the past two months, we’ve chronicled what’s left of the plant – blocks of crumbling buildings, ravaged by scrappers, fire and extreme weather.
Part 2
The symbol of Detroit’s industrial decline attracted 111 bids from around the world.
Whoever buys the lawless wasteland will incur hefty costs for a property that is constantly on fire and crumbling.
For whatever reason, the risks aren’t deterring opportunists from profiting off of group tours of the cavernous ruins.
Many of the houses up for auction are dilapidated and structurally unsound.
Firefighters perused the debris for a scrapper who had become pinned in the debris.