Re:I saw RealPage's crappy rent-jacking-up software so you d...
by pixl97 on Friday February 24, 2023 @02:47PM
(#34929126)
Ah, yes, I found that $25k house in Baltimore...
https://www.zillow.com/homedetails/2011-E-Lafayette-Ave-Balt...
I see some 'houses' in the area that you're looking at for $130k, built in WWII and likely have heating bills high enough to bankrupt the wealthy unless the place is ripped apart and modern insulation is put in.
Re:I saw RealPage's crappy rent-jacking-up software so you d...
by mathgorges on Friday February 24, 2023 @04:37PM
(#34930459)
As a native Detroiter I can confidently tell you that any house you can get for $25,000 will come with externalities that will make the house undesirable on balance.
Large back tax bill, lack of city services (e.g. if live in Springwells, good luck getting a reasonable response time from Detroit PD if you're being burgled) and an unsafe transit situation are the most common ones I can think of.
The houses are cheap for a reason. Its not as though Detroit is filled with provincial oafs that don't know what they're selling.
[1] https://livebaltimore.com/neighborhoods/madison-eastend/