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Re:The $3500 Shirt – A History Lesson in Economics by zrail on Sunday January 25, 2015 @04:23PM (#8944309)
As with most things, the one dollar Detroit houses are far more complex than that. For example, typically you will pay taxes on the appraised value rather than the one dollar. You're also buying into a neighborhood with little in the way of city services, although the city is working on that.

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