Who’s buying up cheap houses in Detroit? 10 leaders at tax auction

Investors scooped up more than 9,000 Detroit homes in a county auction.

Investors scooped up more than 9,000 Detroit homes in a county auction.

Whoever buys the lawless wasteland will incur hefty costs for a property that is constantly on fire and crumbling.

Have a cell phone camera? Play a role in shaping Detroit’s future.

Once selling for six figures, the houses are on the auction block for as low as a few thousand dollars.

The city’s move would prevent speculators from buying properties without plans to develop them.