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Mining town experiences property crash (Read 13150 times)
Ex Dame Pansi
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Re: Mining town experiences property crash
Reply #240 - Oct 25th, 2014 at 11:32am
 

There seems to be sufficient evidence to believe that this is correct. I posted  Detroit and Ohio estate agents web pages on the Yahoo forum after the crash and there was real time evidence that houses were selling for $1.
.........................................................................



For those who were worried about being priced out of buying a home, look no further than Detroit, where eighteen homes are listed for $100 or less, and nine listed for one dollar.

According to the website Realtor.com, eighteen homes in Detroit are listed for $100 or less, with six properties listed for $100 and nine listed for $1 dollar. The rest are listed at various amounts in between from $50 to $80 for Detroit real estate.

The first property — a heavily damaged three-bed, two-bath with more than 1400 square feet — listed on the website for one dollar at 13396 Indian Street. The property has an estimated value of $30,925 from Zillow.com, plunging from $84,000 in November 2006.

Another nearly 1300 square foot three-bedroom “fixer-upper” on 9385 Pryor Street in Detroit is also selling for one dollar, but is valued by Zillow at $27,834.


http://dailycaller.com/2012/11/01/detroit-homes-still-selling-for-1/
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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....
 
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Sir lastnail
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Re: Mining town experiences property crash
Reply #241 - Oct 25th, 2014 at 11:53am
 
ian wrote on Oct 25th, 2014 at 11:16am:
Bobby. wrote on Oct 22nd, 2014 at 8:33pm:
ian wrote on Oct 21st, 2014 at 4:38pm:

Quote:
Hi Nail,
there were definitely houses going for under $1,000 at one stage in Detroit.
One house was only $20.

The trolls on this thread are forgiven

namaste


Quote:
and yet you cant show this. You lied Booby, and Booby2 compounded your lie , now you both look like even bigger idiots.



I said one house not the median price.

forgiven

namaste
Liar. heres your quote
Bobby. wrote on Oct 20th, 2014 at 9:17pm:
Yes - the example is Detroit - when the jobs went the houses were worth $20.
You see Booby even though this is an internet forum I am good at catching people in their own convenient lies. So you need to apologise to the forum for lying twice.


where did he say median price ? You are just making up stuff as usual.

http://www.businessinsider.com.au/detroit-houses-for-1-dollar-2012-2?op=1#a-lot-...

Quote:
13 Detroit Houses You Can Buy For Less Than $100

Detroit’s median home sale price is around $25,200, which is a huge jump from earlier in the year, when rock bottom was at $17,000 (though way down from it’s 2006 peak of $83,00).

But you can buy a house for cheaper than that. A ton cheaper, in fact.

Wayne County treasury officials are going door-to-door striking controversial deals with whomever is living inside about 1,500 of the more than 6,000 tax-foreclosed properties, according to Christine MacDonald of The Detroit News.

Even though last year’s unpaid property taxes total $17.6 million, the city says it prefers occupied homes to unsold lots and is willing to sell the properties for as little as $500.

The county treasury hasn’t made the list of properties available to the public yet since it’s attempting to first visit a majority of the homes that it believes to be occupied, MacDonald says. 

In the meantime, we found at least 13 homes (and one retail space) that you can buy for less than $100. With some deals in the single digits, we posit that these are some of the cheapest houses you can find in America.


A lot from a demolished house on Cloverdale St.

...

Price: $1

Square feet: 3,484 (lot size)

This severely fire-damaged house is still standing, but will be demolished.
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Sir lastnail
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Re: Mining town experiences property crash
Reply #242 - Oct 25th, 2014 at 11:55am
 
A 3-bedroom brick bungalow on Indiana St.

...

Price: $1

Square feet: 1,434

Zillow estimates this home's worth at $24,600. The price was reduced $49 last December. The single family home also has a full basement.
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Steampipe
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Re: Mining town experiences property crash
Reply #243 - Oct 25th, 2014 at 12:30pm
 
When buying a house in the US all taxes and levies owed on the property are transferred to the new owner so buying a house for $1 may cost you a lot more than that.
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longweekend58
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Re: Mining town experiences property crash
Reply #244 - Oct 25th, 2014 at 4:57pm
 
how is using Detroit anyway relevant to Australia. Literally, EVERYTHING is different.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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ian
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Re: Mining town experiences property crash
Reply #245 - Oct 25th, 2014 at 5:14pm
 
link conveniently missing, lol.

Price $1

[img][/http://www.liveeverylastminute.com.au/wp-content/uploads/images/113.jpgimg]
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Sir lastnail
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Re: Mining town experiences property crash
Reply #246 - Oct 25th, 2014 at 9:26pm
 
longweekend58 wrote on Oct 25th, 2014 at 4:57pm:
how is using Detroit anyway relevant to Australia. Literally, EVERYTHING is different.


Detroit lost its major source of real wealth capacity which was its manufacturing capability. Australia has a few more years before it loses its. Soon you will be able to buy dollar homes in Elizabeth South Australia Sad
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« Last Edit: Oct 26th, 2014 at 10:06am by Sir lastnail »  

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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Sir lastnail
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Re: Mining town experiences property crash
Reply #247 - Oct 25th, 2014 at 9:27pm
 
ian wrote on Oct 25th, 2014 at 5:14pm:
link conveniently missing, lol.

Price $1

[img][/http://www.liveeverylastminute.com.au/wp-content/uploads/images/113.jpgimg]


link was provided in the previous post.

why are you so thick ?

http://www.businessinsider.com.au/detroit-houses-for-1-dollar-2012-2?op=1#a-lot-...
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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longweekend58
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Re: Mining town experiences property crash
Reply #248 - Oct 26th, 2014 at 5:02pm
 
Sir lastnail wrote on Oct 25th, 2014 at 9:26pm:
longweekend58 wrote on Oct 25th, 2014 at 4:57pm:
how is using Detroit anyway relevant to Australia. Literally, EVERYTHING is different.


Detroit lost its major source of real wealth capacity which was its manufacturing capability. Australia has a few more years before it loses its. Soon you will be able to buy dollar homes in Elizabeth South Australia Sad


and you still wont buy one because they are too expensive, right?

My house increased in value $50K over the last 18months.  bummer about you then.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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it_is_the_light
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Re: Mining town experiences property crash
Reply #249 - Oct 26th, 2014 at 5:17pm
 
longweekend58 wrote on Oct 26th, 2014 at 5:02pm:
Sir lastnail wrote on Oct 25th, 2014 at 9:26pm:
longweekend58 wrote on Oct 25th, 2014 at 4:57pm:
how is using Detroit anyway relevant to Australia. Literally, EVERYTHING is different.


Detroit lost its major source of real wealth capacity which was its manufacturing capability. Australia has a few more years before it loses its. Soon you will be able to buy dollar homes in Elizabeth South Australia Sad


and you still wont buy one because they are too expensive, right?

My house increased in value $50K over the last 18months.  bummer about you then.


many blessings

some dupes they think they own a house

if you do not pay your rates you will be foreclosed upon ... simple fact.

some are thick as , but not limited to ,

2 bricks , as it were

and so it is

namaste

- : ) =
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ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : )  ╰დ╮ॐ╭დ╯
it_is_the_light it_is_the_light Christ+Light Christ+Light  
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Bobby.
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Re: Mining town experiences property crash
Reply #250 - Oct 26th, 2014 at 5:27pm
 
Sir lastnail wrote on Oct 25th, 2014 at 11:55am:
A 3-bedroom brick bungalow on Indiana St.

Price: $1

Square feet: 1,434

Zillow estimates this home's worth at $24,600. The price was reduced $49 last December. The single family home also has a full basement.



Dear Sir Nail,
continue to post such evidence without permission.

namaste

...
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Bobby.
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Re: Mining town experiences property crash
Reply #251 - Oct 26th, 2014 at 5:29pm
 
it_is_the_light wrote on Oct 26th, 2014 at 5:17pm:
longweekend58 wrote on Oct 26th, 2014 at 5:02pm:
Sir lastnail wrote on Oct 25th, 2014 at 9:26pm:
longweekend58 wrote on Oct 25th, 2014 at 4:57pm:
how is using Detroit anyway relevant to Australia. Literally, EVERYTHING is different.


Detroit lost its major source of real wealth capacity which was its manufacturing capability. Australia has a few more years before it loses its. Soon you will be able to buy dollar homes in Elizabeth South Australia Sad


and you still wont buy one because they are too expensive, right?

My house increased in value $50K over the last 18months.  bummer about you then.


many blessings

some dupes they think they own a house

if you do not pay your rates you will be foreclosed upon ... simple fact.

some are thick as , but not limited to ,

2 bricks , as it were

and so it is

namaste

- : ) =



Quite right master Light,
I know someone who got too ill to work as a lawyer & was unable to
pay the $38,000 a year rates.
The council had no mercy & forced him to sell his place.
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ian
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Re: Mining town experiences property crash
Reply #252 - Oct 26th, 2014 at 5:39pm
 
Sir lastnail wrote on Oct 25th, 2014 at 9:27pm:
ian wrote on Oct 25th, 2014 at 5:14pm:
link conveniently missing, lol.

Price $1

[img][/http://www.liveeverylastminute.com.au/wp-content/uploads/images/113.jpgimg]


link was provided in the previous post.

why are you so thick ?

http://www.businessinsider.com.au/detroit-houses-for-1-dollar-2012-2?op=1#a-lot-...
ts severely fire damaged and must be demolished you maroon. Both you and Booby1 lied, admit it.
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gone
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Re: Mining town experiences property crash
Reply #253 - Oct 26th, 2014 at 7:00pm
 
Bobby. wrote on Oct 26th, 2014 at 5:29pm:
it_is_the_light wrote on Oct 26th, 2014 at 5:17pm:
longweekend58 wrote on Oct 26th, 2014 at 5:02pm:
Sir lastnail wrote on Oct 25th, 2014 at 9:26pm:
longweekend58 wrote on Oct 25th, 2014 at 4:57pm:
how is using Detroit anyway relevant to Australia. Literally, EVERYTHING is different.


Detroit lost its major source of real wealth capacity which was its manufacturing capability. Australia has a few more years before it loses its. Soon you will be able to buy dollar homes in Elizabeth South Australia Sad


and you still wont buy one because they are too expensive, right?

My house increased in value $50K over the last 18months.  bummer about you then.


many blessings

some dupes they think they own a house

if you do not pay your rates you will be foreclosed upon ... simple fact.

some are thick as , but not limited to ,

2 bricks , as it were

and so it is

namaste

- : ) =



Quite right master Light,
I know someone who got too ill to work as a lawyer & was unable to
pay the $38,000 a year rates.
The council had no mercy & forced him to sell his place.


38'000 a year  Cheesy. That's like rent. I've always said, you never own your house in Australia, even after you paid it off. You just become a "tenant premium". All land, every animal and every plant and every fish in Australia's waters is owned by the Crown of England. You are only entitled to use it temporarily and under strict conditions. Australia is a corporate entity. Also your name is a corporate entity, owned by the corporation Australia. The corporation Australia is owned by the creditors of the national debt.

Try to change your name. You have to beg for permission. That alone proves that you don't even own your name. If you actually owned your own name, then all you had to do to change it, is to give the government notice that you changed your name. You wouldn't have to beg for permission.

When you buy land, legally, your name owns the title, but Australia owns your name. It's the same when VB is owned by Lion, or Coles is owned by Wesfarmers. One corporate entity owns another. So your name owns the land title and Australia owns your name. Effectively Australia owns and controls "your" land.

They still tell you what you can do on "your" land and what not. You can't make a fire, you can't do this or that, you are forced to install a smoke alarm, forced this and that. That's not ownership. It's bullshite. Why would anyone pay money for such pseudo "ownership"?
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John Smith
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Re: Mining town experiences property crash
Reply #254 - Oct 26th, 2014 at 7:30pm
 
gone wrote on Oct 23rd, 2014 at 6:18pm:
John Smith wrote on Oct 22nd, 2014 at 11:56am:
Sir lastnail wrote on Oct 22nd, 2014 at 10:06am:
John Smith wrote on Oct 21st, 2014 at 4:11pm:
Sir lastnail wrote on Oct 21st, 2014 at 2:39pm:
of course it's different in Australia because we have four crooked banks with some bullshit regulations to keep them in line  LOL


really? wow, I was wrong, you're a genius ................... not Cheesy Cheesy Cheesy Cheesy

and why didn't you consider that BEFORE trying to use Detroit as your example?


jeez the CBA was certainly following all of those prudential regulations when it was giving out financial advice to 100's of thousands of its customers who subsequently lost their lives savings. I'm sure you can rely on the four pillars of trash to do the right thing for the economy Cheesy LOL


you seem confused .. at no point have I tried to justify the 'right' or wrong thing 'for the economy' ... we were talking about your imaginary bubble burst. If you agree that the banks and the govt. won't let it happen, why do you keep claiming it will happen?


They won't let it happen [b]just yet[/b]. As long as they can suck out people's blood, the banks are more than happy. And the politicians have no say, they follow the orders of the banks, their sponsors and masters.


OK, so you agree there is no bubble about to burst? finally, someone with some common sense, thankyou... now can you let nail know
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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