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Investors Taking A Bet On Detroit

2790 Views 1 Reply 2 Participants Last post by  canadianbanks
Not really related to Canada, but kinda cool.

"As Detroit home prices crash, sales are heating up. But with all of the plant closings and layoffs, who's buying? Investors -- some of whom are snapping up five and 10 houses at a time."

http://money.cnn.com/2009/06/11/real_estate/investing_in_Detroit/index.htm?postversion=2009061205
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Not really related to Canada, but kinda cool.

"As Detroit home prices crash, sales are heating up. But with all of the plant closings and layoffs, who's buying? Investors -- some of whom are snapping up five and 10 houses at a time."

http://money.cnn.com/2009/06/11/real_estate/investing_in_Detroit/index.htm?postversion=2009061205
How is this not relevant to Canada? I'm sure you are aware what's going on in Windsor for example.
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