Re:Japan Is Giving Away 8M Abandoned Houses
by tick_tock_tick on Wednesday November 28, 2018 @01:57PM
(#18554474)
Detroit. It's not free anymore but it's still dirt cheap.
Re:Japan Is Giving Away 8M Abandoned Houses
by umeshunni on Wednesday November 28, 2018 @05:04PM
(#18556119)
I didn't believe you, but then I looked online and I saw that you were right!
Here's a perfectly reasonable house in Detroit for about 4000 USD
https://www.redfin.com/MI/Detroit/15285-Manning-St-48205/hom...
Re:Japan Is Giving Away 8M Abandoned Houses
by dakna on Wednesday November 28, 2018 @05:37PM
(#18556328)
Property values are tied to school ratings and crime statistics.
Re:Japan Is Giving Away 8M Abandoned Houses
by ggggtez on Wednesday November 28, 2018 @02:24PM
(#18554747)
I've seen multiple programs similar to the Detroit one, though you need to know where to look. Generally they follow the same idea as the above: You get a house for cheap, but it needs major repairs/renovations. Essentially you get a house for below market rate, but the city gets tax revenue and their dangerous buildings fixed.
I imagine that you need to be a Japanese citizen to get a free house.